Aerodrome Decentralized Crypto Exchange (DEX) is now officially the highest fee-generating platform on Coinbase's Layer 2 blockchain Base. Is this the result of the unique features and collaboration with Base, or just wash trading?
The share of DEX (Decentralized Exchange) trading volume has been growing over the last months, reaching an all-time high of 23% in October. Community projects escape from CEX (Centralized Exchange) listing complications, while users find DEXs much easier to use.
Aerodrome Decentralized Crypto Exchange (DEX) is now officially the highest fee-generating platform on Coinbase's Layer 2 blockchain Base. Is this the result of the unique features and collaboration with Base, or just wash trading?
The share of DEX (Decentralized Exchange) trading volume has been growing over the last months, reaching an all-time high of 23% in October. Community projects escape from CEX (Centralized Exchange) listing complications, while users find DEXs much easier to use.
As trading volumes slow, Kraken seeks to attract users and developers while diversifying revenue streams. Ink network built on the Optimism OP Stack is set to bring DeFi closer to the average user. The network is part of the Optimism Superchain, designed for enhanced cross-chain connectivity.
Binance saw a sharp decline in spot and derivatives trading, marking its lowest market share in four years. Is this the inevitable readjustment as it falls into regulatory line? Or has the company seen too much upheaval?
The new law prohibits citizens from buying and selling crypto with fiat on foreign exchanges. By directing the flows through local exchanges, the government aims to increase its control over crypto transactions. At Observers, we imagine Russia could follow the same path.
