PancakeSwap closes record $310B year, up 179% driven by L2, DeFi growth
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
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PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
The DeFi protocol aims to capture around 40% of MEV profits from adding Chainlink’s new oracle service.
USDX by Hex Trust integrates DeFi with Flare Network, offering 1:1 USD backing, yield generation, and crosschain capabilities.
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said.
World Liberty Financial’s latest purchase was for $250,000 worth of ONDO, a token for a decentralized exchange.
Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings.
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates.
Developers must prioritize user protection in the DeFi landscape.
