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DEX
Slingshot Raises $15M in Funding Round Led by Ribbit Capital
The DeFi trading platform has now raised $18.1 million in two rounds.

Large Traders Dominate DEXs as High Ethereum Fees Keep Retail Investors at Bay
The average trade size on Curve Finance ranges from $500,000 to $1 million, according to Kaiko.

DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group
The Series B comes ahead of the launch of 1inch Pro, which will cater to institutional investors.

DEXs Have Grown the Most as Competition Among Crypto Exchanges Intensifies: Chainalysis
The majority of DEX users are professional crypto traders looking for “new sources of alpha,” said one analyst.

DEXs Have Reportedly Grown the Most as Competition Among Crypto Exchanges Intensifies
A Chainalysis report reveals the number of large decentralized exchanges (DEXs), and the total value they have received has grown the most by far since August 2020. Meanwhile, the number of active exchanges, whether centralized or decentralized, has dropped in the same time period. "The Hash" group breaks down the findings and key takeaways.

XDEFI Wallet Looks to Raise $12M in Initial DEX Offering
The IDO will take place in early November on MISO, the platform built for offering new tokens on SushiSwap.

China’s Bitcoin Ban May Be Bullish for DeFi – But Only Briefly
DeFi token prices surged amid the recent crackdown, but some insiders doubt it will last.

DeFi Exchange SushiSwap Builds on Avalanche as Part of $180M Incentive Program
Popular decentralized exchange (DEX) SushiSwap is the latest decentralized finance (DeFi) project to join proof-of-stake blockchain Avalanche in its $180 million incentive program. "The Hash" hosts discuss the ongoing trend of blockchain networks increasingly jumping aboard the DeFi bandwagon and what this could mean in navigating the future of open finance.

Polychain Leads $21M Round for Retail-Oriented Decentralized Exchange
Clipper, a new decentralized exchange (DEX) from crypto firm Shipyard that aims to attract retail traders with low trading fees, closed a $21 million funding round Tuesday led by digital asset investment fund Polychain Capital.

Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives
Binance may gain customers because of Huobi's new restrictions.
