The new board members represent decentralized finance and institutional crypto alike.
DEC77 is an outstanding decentralized exchange built on Ethereum’s ERC777 platform. Using 0x protocol all ERC-20 tokens can be traded. DEC777 offers the most complete trading experience of all ERC-20 tokens listed.
Decentralized exchange protocol 0x underwent a surge in price on Friday as investors hope falling ethereum congestion will lead to greater DEX usage.
Markets excited by the prospect of declining Eth fees may have caused a surge in 0x – an Ethereum-based DEX that will benefit from decongestion.
Augur v2 has all the bells and whistles: Interplanetary File System (IPFS), 0x Mesh, MakerDAO’s dai and Uniswap’s v2 oracle network.
Looking at the overall DEX users, Bancor Network is also relatively popular. With over 2,100 users in the past week, it remains ahead of Curve and 0x.
Launched Thursday, Alchemy Monitor has already been put to use by crypto firms such as 0x, MyEtherWallet, LucidSight and Zerion.
The combined DEX volume during this month is almost on par with the entire month of April 2020, confirming growing interest in this space.
The price of bitcoin has been relatively stable since the beginning of May. After dipping to a $4,780 low this year during the so-called crypto Black Thursday, BTC’s price recovered to the $9,000 mark as has been rangebound since, unable to break through the $10,000 barrier.
Decentralized exchange infrastructure provider 0x has launched its first consumer product: an platform that aggregates liquidity from other decentralized exchanges.
DEXs are growing in lockstep with “yield farming.” To keep up, 0x launched a DEX aggregator Tuesday for the non-custodial trading of Ethereum-based tokens.
When new collateral options are added to Maker, a thorough process needs to be followed. One core aspect is providing risk parameters for collateral.