Tag: Decentralized Exchange

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PancakeSwap eclipses Ethereum network in 24-hour transactions

PancakeSwap, a syrupy rabbit-themed decentralized exchange that calls the Binance Smart Chain its home, has surpassed the entire Ethereum network in terms of transaction volume over a 24-hour period. Data courtesy of DappRadar shows over 2 million transactions for PancakeSwap compared with 1.55 million for Ethereum. At the same time, Binance Smart Chain reported over…
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21 April 2021 0

Uniswap’s weekly trade volumes reach record high of $10B

Uniswap’s decentralized exchange set a new weekly volume record on Tuesday, with cumulative transactions exceeding $10 billion amid the ongoing DeFi boom.  CEO Hayden Adams tweeted the milestone on Tuesday, with an accompanying chart showing a 25.7% weekly increase in volumes. If Uniswap managed to maintain its current pace, it would process over $500 billion…
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20 April 2021 0

ShapeShift launches native Bitcoin trading via THORChain

ShapeShift, a cryptocurrency exchange based in Switzerland, has announced full integration with THORChain, enabling direct trading of native Bitcoin (BTC) with Ethereum (ETH) and Litecoin (LTC). As of Tuesday, ShapeShift’s mobile users have the ability to make cross-chain swaps without the use of an intermediary, custodian or counterparty of any kind. This capability will be…
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13 April 2021 0