Paradex introduced Money Badgers yesterday, their lifestyle brand.First offering is an upcoming NFT collection, 10k supply, more details TBA.Reminds me a little bit of what Hypurrs are for Hyperliquid. Generally I’ve said many times that it’s smart for crypto ecosystems to launch NFT collections: They strengthen community identity and add an additional cultural layer around the core product.And then of course there is the utility side, where Paradex as a DEX (with an upcoming token and over $1B USD in daily ...

Core Insights - Trove Markets has faced significant scrutiny after deciding to retain approximately $9.4 million from a token sale initially linked to Hyperliquid, despite shifting its decentralized exchange (DEX) to Solana shortly before the token launch [1][3][4] - The TROVE token, which launched with an expected market capitalization of around $20 million, saw its value plummet by over 95% shortly after trading commenced, dropping to approximately $0.0008 and reducing its market cap to under $2 million [2][3] - The abrupt pivot to Solana was attributed to the withdrawal of a key liquidity partner, leading Trove to conclude that continuing on Hyperliquid was no longer viable [4][5] Fundraising and Financials - Trove raised over $11.5 million through a public token sale intended for building a perpetual DEX on Hyperliquid's infrastructure, but the pivot raised questions about the appropriateness of retaining the funds [3][4] - The company has refunded about $2.44 million to participants to maintain distribution integrity, with an additional $100,000 set for automatic refunds [6] - The remaining funds have been allocated for various operational costs, including developer salaries, infrastructure, and marketing [6] Community Response - Despite explanations provided by Trove, there remains ongoing criticism regarding the management of the fundraising process and the subsequent decisions made by the company [7]

RT Sharples (@0xSharples)We now have a DEX quoting tighter spreads on Solana than its CEX counterparts.@humidifi is quoting SOL-USD trades around 0.1bps for orders < $10k compared to CEXs like Binance around 1bp. https://t.co/wFdW1HHrX4 ...

RT Francesco Andreoli ᵍᵐ (@francescoswiss)For this pre-holiday season, I thought I'd dig into @Uniswap v4 hooks 🎄🔧v4 hit $1B TVL in 21 days (v3 took 45). Here's why devs are paying attention:Hooks are smart contracts that execute at specific points in the pool lifecycle:→ beforeSwap / afterSwap→ beforeAddLiquidity / afterAddLiquidity→ beforeRemoveLiquidity / afterRemoveLiquidityThis unlocks protocol-level customization that was impossible before:0:37 v2/v3 limitations: fixed fees, static logic, no flexibili ...

Project Launch - Synthetix 将在以太坊主网上推出 Perp DEX，这是该公司在离开 L1 三年后重返 L1 的举措 [1] - 私人 Beta 版将首先支持比特币、以太坊和 Solana 市场 [1]

Privacy in Decentralized Exchanges (DEXs) - Paradex introduces privacy to decentralized exchange trading at scale [1] - Orders, positions, and trades are private on Paradex Cloud, Paradex Chain (L2), and Ethereum (L1) [1] - Privacy is achieved through encrypted state diffs with state commitments posted on-chain [1] Market Perspective - Information leakage to counterparties is viewed as a transaction cost [1] - The market is finally paying attention to the importance of privacy in trading [2]

NEXUS is brand new l1 chain that hasn't even had its mainnet launch. I sat down with the CEO and founder to discuss HOW this all works. EXPLORE NEXUS - https://nexus.xyz/ NEXUS EARN POINTS - https://app.nexus.xyz/ NEXUS ROADMAP - https://blog.nexus.xyz/the-nexus-roadmap/ FOLLOW NEXUS on X - https://x.com/NexusLabs LEARN MORE YouTube Videos - https://www.youtube.com/@NexusLabsHQ The links below may include affiliate links, which means I may receive a commission at no cost to you if you make a purchase throug ...

Financial Performance - Hyperliquid generates $17 million weekly revenue [1] - Hyperliquid's annualized revenue from trading fees alone is $884 million [1] Market Position - Hyperliquid achieves this without any venture capital backing [1] - Hyperliquid accounts for 80% of all perpetual decentralized exchange (perp DEX) users [1] Tokenomics - Hyperliquid currently has no token inflation [1] - Activating token value accrual on the existing revenue stream could significantly impact the token's value [1] Business Model - Community distribution has created actual product-market fit for Hyperliquid [1]

RT The Arena ⚔️ (@TheArena)We are nearly there, Gladiators!Tomorrow morning we will be rolling out the Beta version of Arena V2 DEX. The following features will be included:- Creator fees for the token deployer- Auto compounding liquidity pools with concentrated liquidity for more efficient trading- ⁠New whitelist features with balanceLimit per wallet and blacklisting options- Referral fees for anyone you bring onto Arena to trade- Multichain swaps- ⁠Anti-sniping features- The option to pair your token with ...

Decentralized Exchange (DEX) Performance - DEX execution now rivals Centralized Exchange (CEX) execution [1] - This level of performance is currently only possible on Solana [1] - The development marks the beginning of a new era for DEXs [1]