Tagged: automated market maker

January 1, 2024 @ 9:36 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that QuickSwap, a DEX and automated market maker built on Polygon, Polygon zkEVM and Dogechain, now supports the testnet version of X1. X1 is OKX’s new zkEVM Layer 2 network, “developed using the Polygon Chain Development Kit (CDK).” With… Read More

June 28, 2022 @ 4:00 pm By Omar Faridi  |  

SithSwap, a “next-generation” automated market maker (AMM) on StarkNet, has successfully raised $2.65 million at a $25 million valuation in a seed funding round “led by Lemniscap, with participation from Big Brain Holdings, GSR, DWeb3 Capital, Ghaf Capital Partners, as well as angel investors Anthony… Read More

December 21, 2021 @ 3:14 pm By Tony Zerucha  |  

Futuur, which provides a wide selection of prediction markets available at one URL, has officially launched its real-money markets to forecasters around the world.  Real-money markets have been added alongside Futuur’s already existing play-money markets, with trading available in seven cryptocurrencies: Bitcoin (BTC), Ether (ETH),… Read More

December 16, 2021 @ 7:55 am By Omar Faridi  |  

Balancer Labs has announced the launch of Boosted Pools. Boosted Pools aim to “solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools.” The first iteration of this product will be with Balancer’s “close collaborator, lending protocol Aave.” Fernando Martinelli,… Read More

November 11, 2021 @ 11:48 am By JD Alois  |  

Saddle, an open-source automated market maker (AMM) has closed on a $7.5 million funding round led by Polychain and Electric Capital, according to a release. The funding also included the participation of eGirl Capital, Nascent, and others. Saddle reports that to date it has raised… Read More

November 4, 2021 @ 7:56 am By Omar Faridi  |  

On November 3, 2021 (at 15:00 UTC), Stellar validators had reportedly voted to upgrade the network to Protocol 18, which adds Automated Market Maker (AMM) functionality to the Stellar protocol. As mentioned in an update shared with CI, this makes Stellar one of the earliest… Read More

October 2, 2021 @ 9:24 am By Omar Faridi  |  

Cosmostation has been chosen by Kava Labs as the very first ecosystem partner to receive a certain portion of the $185 million Kava Ignition Fund. As mentioned in an update from Kava Labs, an open-source developer of financial services for decentralized finance (DeFi), the funds… Read More

July 1, 2021 @ 8:04 pm By Omar Faridi  |  

Avalanche, an open-source platform for deploying decentralized applications (dApps) and enterprise-grade blockchain initiatives, notes in a blog post that Lydia Finance, an Automated Market Maker (AMM), Yield Farming, and Staking platform, is live on Avalanche. As mentioned in the announcement, their intuitive UI and comprehensive… Read More

May 2, 2021 @ 8:47 pm By Omar Faridi  |  

Balancer Labs has teamed up with the TokenEngineering (TE) Academy in order to launch Balancer Simulations for open “crypto-economic” research. As noted in an update dated April 29, 2021: “With the launch of Balancer V2, Balancer Labs brings programmable liquidity to a new level by… Read More

February 24, 2021 @ 8:16 am By Omar Faridi  |  

We recently connected with Markus Jun, the founder and CEO of ICON Hyperconnect Public Representative, a leading block validator for the ICON network with $20 million in total staked value, and Hyperconnector, an official accelerator partner of the ICON Foundation & ICX Station Seoul. Markus… Read More

February 16, 2021 @ 11:22 pm By Omar Faridi  |  

ZKSwap has introduced a “zero-gas” layer 2 decentralized (or non-custodial) exchange (DEX) to enhance the overall user experience.  Fully audited and reportedly backed by a $1.7 million investment, ZKSwap aims to provide a solution to Ethereum’s (ETH) network congestion. ZKSwap recently announced the Ethereum blockchain… Read More

November 19, 2020 @ 9:25 pm By Omar Faridi  |  

  We recently connected with Bruce Pon, Founder of Ocean Protocol (OCEAN), which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data. Pon is also the CEO at BigChainDB, which is an organization that allows app… Read More

October 28, 2020 @ 9:30 pm By Omar Faridi  |  

Kyle Sonlin, the founding partner at the Security Token Group and the CEO at Security Token Market (STM), notes that each month he helps his research team with compiling the security token trading and data analysis report.  Sonlin reveals that this month in the security… Read More