Week in DeFi: Central Banks in DeFi, Compound Finance CEO Steps Down and ZK-Stack Unveiled

Check out the latest DeFi news and alpha — from central banks using Curve for CBDC test, Matter Labs releasing ZK Stack and dYdX announcing the testnet of their Cosmos-based chain.

• 2023-07-03
• AMM Finance Robert Leshner traditional markets Ethereum Virtual Machine market maker

Week in DeFi: BNB Chain L2, Polygon PoS ZkEVM and Velodrome V2

BNB Chain announced its own Layer 2 chain — opBNB, while Polygon proposed to convert the PoS chain to zkEVM. Read on to find out the latest DeFi news and alpha!

• 2023-06-26
• Polygon Labs AMM Velodrome Polygon Stake market maker

What is SmarDex? The DeFi Disruptor Poised to Take Over the DEX Market

SmarDex is a new DEX that uses fictive reserves and a smart calculation system to automatically determine which token is rising faster.

• 2023-05-25
• DEX DeFi Market Maker

First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties

ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.

• 2023-05-25
• CoinDesk Market maker Guilhem Chaumont Asian markets open Federal Open Market Committee debt ceiling Bitcoin U.S. Bitcoin Miners

Week in DeFi: Optimism Unites the SuperChain and LayerZero Launches Essence

Synthetix launches OP rewards with 400,000 OP to be earned, while Binance launches its Ethereum LSD product, WBETH. Check out the biggest DeFi news and alpha in this week's roundup!

• 2023-05-02
• interoperability protocol Optimism Ethereum market maker money market

Cryptoverse: Buoyant bitcoin's losing its liquidity

The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank (SVB) careered into mainstream markets. Bitcoin's market depth indicates the asset is at its lowest level of liquidity in 10 months, even lower than in the aftermath of the FTX collapse in November, according to data provider Kaiko. The market depth for the two leading trading pairs - bitcoin-dollar and bitcoin-tether - stands at 5,600 bitcoin, the equivalent of about $

• 2023-03-28
• bitcoin trading Silicon Valley Bank market turmoil market maker market depth network effect

Silvergate Collapse Dragging Down Bitcoin Volume

Data from CryptoQuant shows that active addresses and transfer volume have seen significant declines as Silvergate weighs heavy on the market.

• 2023-03-09
• Silvergate Bank trading volume market maker