dex

Paxos' stablecoin recorded $21.8 billion in decentralized exchange volume during September, with Uniswap V3 and V4 accounting for 98 percent of activity.

The Canton Network is processing $350 billion in daily Treasury activity while Lighter's LIT token generation event achieves a valuation multiple comparable to Hyperliquid's, despite a sevenfold gap in 30-day fees.

Decentralized exchanges captured 24.14 percent of total spot trading volume in July 2026, the highest ratio since tracking began in 2019.

Balancer Labs CEO Marcus Hardt authored a proposal to cease protocol operations and distribute the remaining $9 million-plus treasury to BAL tokenholders after revenue collapsed following a $128 million exploit.

Solana's tokenized equity market reached a record $684 million, with the GRND token trading nearly twice the volume of its underlying stock on its first day.

Tokenized commodities cleared $678.2 million in DEX volume over 30 days, with Uniswap taking 62 percent and PancakeSwap capturing 34.1 percent.

ASTER rose on the back of a new perpetual trading competition offering $10,000 in rewards and an active staking epoch, though the move tracks the broader altcoin rally.

Yield Basis launches an impermanent loss-free AMM for wrapped native assets and tokenized real-world assets, establishing secondary markets and native yield infrastructure.

A CoinShares and Token Terminal report shows RWA spot trading up 220 percent year over year while overall DEX volumes dropped roughly 70 percent in the same period.

With $8B+ in open interest and zero gas fees, Hyperliquid is the leading candidate for autonomous AI agent liquidity—if its spot layer can match its perp depth.

The protocol halted perpetual trading July 29 and will shut its network Aug. 13, joining BitMEX and others in closures as competition intensifies.

Daily DEX volume dropped from $878 million to $500 million, yet TVL reached $775 million and cumulative transactions crossed 100 million within five weeks of launch.

The team cited shrinking market conditions and strategic direction, not financials; proceeds from any sale would be distributed pro rata to FAF token holders.

Aqua lets market makers quote positions on multiple protocols simultaneously from one wallet, with atomic reversion if a trade exceeds the available balance.

The aggregator will cease operations July 30, giving users one week to withdraw assets after monthly volume collapsed from a $7.8B peak to $169M.

Weekly spot volume on the Arbitrum-based network dropped from $2.1 billion to $1.6 billion, with turnover ratio collapsing from 9.25x to 1.68x as memecoin activity dried up.

The perpetuals exchange cited no viable commercial path, with trading stopping July 29 and its chain going dark Aug. 13.

The protocol's operating company announced permanent cessation of services Thursday, removing a major liquidity router from Ethereum, Polygon and Arbitrum.

The public broadside from the memecoin launchpad's chief puts pressure on both platforms to defend their user experience as speculative capital picks sides.