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DEX
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.

Serum Token Becomes Latest Project in Bankman-Fried Empire to Turn Heads
FTX-backed serum has surged to an all-time high price.

Thorchain Is Ready to Grease the Wheels of Crypto-to-Crypto Trading
Set to launch Tuesday, the network would allow trading of assets from different blockchains without middlemen or synthetic “wrapped” substitutes.

Tendermint Acquisition Takes Aim at New Interoperable DEX for Cosmos
Tendermint enters the decentralized exchange arena with the ambitious goal of creating a one-stop DEX for trading any and all coins.

‘Continuous Vampire Attack’: The AMM Wars Are Getting Interesting With Integral
“Whenever another exchange tries to beat us with better liquidity, we mirror this liquidity onto ourselves.” Investors have poured $239 million into the platform on launch day.

Controversial Dapps Test Binance Smart Chain’s Decentralization
Developers built politically sensitive applications on Binance Smart Chain as a way of showing the increasingly popular blockchain platform is not as decentralized as Ethereum. The dapps remain online.
