TheTrade Is a Game-Changer in the Uniswap V3 Market of 2023
PRESS RELEASE. Digital currency made splashes in the 2010s with a promise of decentralization and ultimate user privacy. However, most well-known crypto exchange giants, like Binance or Coinbase, are CEXs by essence. It means they are centralized exchange platforms, offering custodial wallets to users and collecting user data. No privacy, no user control, and no genuine decentralization – that’s what the CEX use is. Luckily, by the end of the 2010s, crypto enthusiasts moved further with the idea of introducing the automated market-making (AMM) functionality that....
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San Francisco-based exchange Coinbase has fallen behind decentralized exchange Uniswap in terms of trading volume since the beginning of 2023, making the DeFi exchange the premier decentralized trading spot for users. Trading Volumes On Uniswap And Coinbase Taking to X (Formerly Twitter) Bitwise researcher Ryan Rasmussen revealed that Uniswap performed better than Coinbase in terms […]
Despite the launch of Uniswap v3 decentralized exchange with its capital efficiency increase, Uniswap v2 is not out of the race yet. As one of the most eagerly anticipated rollouts of the decentralized finance (DeFi) sector, Uniswap v3 went live on May 5. The upgrade targeted greater capital efficiency and better flexibility for liquidity providers. The concept of Uniswap v3 includes features such as concentrated liquidity — which allows liquidity providers (LPs) to allocate their capital in certain price ranges rather than distribute liquidity across the entire price curve — as well as....
Another significant crypto entity scored a victory in the US legal system as Ethereum-based crypto exchange Uniswap won a class action. The legal battle was fundamental for the platform as it could have set a dangerous precedent for the nascent industry. Related Reading: The DeFi Takeover: Uniswap Has Done More Volume Than Coinbase In 2023 […]
Uniswap (UNI) has emerged as a beacon of activity and growth amidst a month of turbulent trading for the broader cryptocurrency market. Throughout September, the crypto market exhibited a remarkable level of volatility while remaining largely range-bound, leaving market participants in a state of neutrality. However, Uniswap has defied the sideways trend, demonstrating notable progress in various metrics. According to data from Token Terminal, Uniswap experienced a significant surge in daily active users on September 30th. This uptick in user engagement reflects growing interest in....
Is the hype over distributed ledger technology (DLT) overblown? Not according to Yves Mersch, a member of the European Central Bank (ECB) executive board. Speaking to the Deutsche Bank Transaction Bankers’ Forum in Frankfurt yesterday, Mersch said in his prepared remarks that DLT might not be a panacea for the financial industry’s ailments, but it is certainly not just a flash in the pan. DLT, according to Mersch, could be a game changer. The chance for market infrastructures and financial intermediaries to share a blockchain is unprecedented. DLT has the potential to help certain actors....