Tag: Liquidity

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0x launches DEX liquidity API on Polygon

Polygon’s decentralized finance footprint continues to grow, with 0x releasing a version of its decentralized exchange liquidity aggregator API on the “Ethereum scaler.” 0x has released a Polygon version API for its decentralized exchange (DEX) liquidity aggregator, opening up the 0x API tool to the expanding Polygon market. The DEX liquidity bridge service announced the…
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VCs back Balancer with $24.25M investment

Investors are backing the Balancer protocol with greater conviction. Could this be a sign that market hype surrounding DeFi is ramping up again? The capital raise was led by Blockchain Capital, Fintech Collective, LongHash Ventures, Fenbushi Capital, Continue Capital and Kain Warwick, the founder of DeFi protocol Synthetix. The funds will be used to strengthen…
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Going long: 270K Bitcoin moved into storage in a month

Investors are in it for the long run, locking 270,000 BTC away over the last 30 days. Despite surging prices, Bitcoin investors are rapidly locking up their BTC for the long-term, with 270,000 BTC being taken out of liquid supply in the last 30 days. According to data published by crypto market data aggregator Glassnode,…
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EToro warns users it’s running out of crypto to trade due to ‘unprecedented demand’

Exchange platform eToro is struggling amid surging demand for crypto, sending an email to all users warning of possible trading limitations this weekend. Israel-based exchange platform eToro is struggling to keep up with the demand from crypto traders according to an email sent to users earlier today. “The unprecedented demand for crypto, coupled with limited…
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Experts weigh in: Is DeFi dead or is it still the future of finance?

The current DeFi ecosystem’s trajectory is reminiscent of the ICO boom. As the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst, or if it will rise from the ashes. Top quality projects like Chainlink, Aave…
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