There’s another piece of evidence that the “DeFi 2.0” movement is gaining steam.  Tokemak, a project that bills itself as a decentralized market making protocol, has hit $1B in total value locked, less than two months after unveiling what it calls “reactors.”   Reactors are a pooled combination of a protocol’s token, like Sushiswap’s SUSHI and…

Osmosis, a decentralized exchange in the Cosmos ecosystem, today announced a $21M sale of tokens from the Osmosis Foundation treasury, in a round led by Paradigm. Other investors included Robert Leshner's scout fund, Robot Ventures, Nascent, Ethereal, Figment and Terraform Labs CEO Do Kwon.

We’re chatting with the founders of today’s top AMMs about one of the core infrastructure pieces making up decentralized finance.

0xMaki is stepping down from leadership in the community-run decentralized automated market maker, SushiSwap, to take an advisory role in the decentralized autonomous organization, a person with knowledge of the matter told The Defiant. A statement from 0xMaki will come out on Friday.  Another knowledgeable source verified these details.  Sources did not provide details about…

A Uniswap governance proposal riled up the DeFi community this week.  The proposal, which has since been canceled, would have used yield generated from $25M in Uniswap treasury assets to pay employees at blockchain analytics platform Flipside Crypto. The payment would have been for Flipside to oversee a bounty program for pulling more users into…

Automated portfolio manager Balancer introduced a new mechanism to improve capital efficiency for liquidity providers as it aims to take a larger bite of the interest-bearing token market. Balancer’s so-called metastable pools have a  “nesting” feature, facilitating cheap swaps between one pool’s tokens and those of a nested group of tokens, as though all tokens…

On-Chain Markets Update by Juan Pellicer, IntoTheBlock Axie Infinity has recorded unprecedented growth in the crypto space. This week the data confirmed that it surpassed more than $1 billion in sales and the equally spectacular achievement of one million daily users. Where is the limit for Axie Infinity? Will play-to-earn help to expand crypto adoption…

Paradigm research partners Dave White, Dan Robinson and Uniswap founder Hayden Adams have cooked up another trading protocol. The decentralized exchange, called TWAMM, which stands for time-weighted average market maker, aims to help traders execute large orders, quickly, at low gas prices and without negatively affecting price. In traditional finance, traders will often employ brokers…

Uniswap is one of the few DeFi protocols that runs fully permissionlessly, without interruptions or possible human intervention. It’s considered to be the gold standard for the space, which is why it was so jarring when management behind the decentralized exchange decided to remove 100 tokens from its interface. Uniswap Labs is the software development…

Sushi has officially announced their next generation automated market maker (AMM) Trident.  While SushiSwap started out as a fork of Uniswap, the announcement explicitly states that Trident is a new AMM “and not a fork.” Trident will focus on capital efficiency (ie: the ratio between invested capital and return) and integrate Sushi’s many products. Trident…