The last couple of weeks, if you kept your ear close enough to the ground you could feel there was something brewing. I couldn’t quite put my finger on what it was because it wasn’t about high gas fees or the bull market or DeFi but something bigger than all that, it was the emergence…

The SushiSwap community is now voting on a proposal to build SushiSwap on the Solana blockchain using the Solana-based Raydium DEX as a bridge. Raydium proposes “acting as a bridge and partner for SushiSwap’s expansion onto Solana,”  allowing SushiSwap to access additional liquidity from Serum and leverage the chain to increase transaction fees and lower…

Brave, the company behind the open source Brave web browser that allows users to tip publishers and content creators with its first-party Basic Attention Token (BAT), is setting their sights on a lofty new project: a Brave DEX aggregator. The Brave DEX aggregator is intended to have multi-chain support featuring many assets across different blockchains,…

1INCH is expanding into Binance Smart Chain (BSC), one of the first major Ethereum-based DeFi projects to make the jump.  “Crossing the hell of burned #Ethereum lands our hero stumbles upon the mysterious yellow portal,” the project tweeted today. BSC users will get access to all the same 1Inch functionalities that are already available on…

Having been some of the highest-performing assets in 2021, DeFi tokens experienced a sharp correction this week. The aggregate market crap in DeFi governance tokens managed to drop approximately 30% from $41 billion to $28 billion within three days.  As of February 25, 2021 using IntoTheBlock’s DeFi Insights Although the market has recovered significantly over…

DeFi protocols are generating more money than ever before, and users are taking the large majority of it, according to a dashboard released by The Block yesterday. Uniswap, SushiSwap and Compound generate the most revenue out of the DeFi protocols tracked by The Block. This month, they’re each on track to bring in record revenue…

The year is 2023. Blockchain technology has reached unprecedented heights. DeFi is mainstream. Gas fees are negligible now. Your memecoins alone are worth millions of dollars. You’ve reinvested half of your net worth in NBA Top Shots, and you’re confident that this is the best financial decision you’ve ever made. And then the US government…

Ethereum bots’ profits are getting juicier: Nearly half of the total revenue they’ve made since January 2020 comes from value they’ve extracted in the last 30 days.  Flashbots’ newly launched MEV Dashboard tracks and quantifies MEV extracted on-chain, dating back to the first block of Jan. 1 2020. The tracker has documented over 1.3M MEV…

Non-Ethereum DeFi tokens are outperforming their Ethereum peers. Of the top 10 best-performing DeFi tokens with over $100M market capitalizations in the past seven days, six are non-Ethereum or cross-chain based and four exist solely on the Ethereum blockchain.  On the flip side, looking at the 10  biggest DeFi losers of the last seven days…

With transactions in the several hundreds of dollars and the chain’s blocks perpetually filled as competitors inch in, it’s not an overstatement to say the future of Ethereum depends on scaling solutions known as Layer 2s.  Layer 2 (L2) is a term for technologies which take Ethereum transactions off its main chain, enabling the network’s…