Demex Blog

Latest — Nov 21, 2024

Demex Daily #288: FDUSD Stablecoin Launches on Sui, Enhancing DeFi

What’s Interesting Today: FDUSD, a stablecoin from First Digital Labs, is now live on the Sui blockchain, becoming its second native stablecoin after USDC. This integration enhances FDUSD’s interoperability across multiple platforms, driving DeFi applications and leveraging Sui’s high-performance network for faster transactions and greater scalability. Sui&

Demex Daily #287: Nansen Partners with TRON DAO for Advanced Blockchain Insights

What’s Interesting Today: Nansen has partnered with TRON DAO to enhance blockchain insights for developers and users by integrating TRON into Nansen 2 and launching the TRON Macro Dashboard. This collaboration leverages TRON's scalable, low-fee blockchain infrastructure, which supports high-speed transactions and diverse use cases like DeFi,

Nitron Joins Mantle Ecosystem: Your Gateway to DeFi on Mantle

Nitron has officially integrated with the Mantle ecosystem, marking our first chain partnership with the network. To celebrate this milestone, we’ve listed a wide range of Mantle-based assets on Nitron, making us the first and only money market to support many of these tokens. As part of the Mantle

Demex Daily #286: Ethena Approves Fee Switch for Revenue Sharing by Nov 30

What’s Interesting Today: The Ethena Foundation has approved the activation of its fee switch, set to allow revenue sharing with ENA token holders by November 30. Following the governance vote, the price of ENA has increased by 15%, reaching $0.60. Ethena, currently generating a record $9.5 million

Demex Daily #285: Starknet to Quadruple TPS and Cut Fees by 5X in 3 Months

What’s Interesting Today: StarkWare CEO Eli Ben Sasson announced that Starknet, Ethereum’s Layer 2 solution, will increase its transactions per second (TPS) by four times and reduce fees by five times within the next three months. This will be achieved through improved compilation and faster execution on Cairo,

Demex Daily #284: Tether Launches Hadron Platform for Asset Tokenization

What’s Interesting Today: Tether has launched Hadron, a new tokenization platform for institutions, corporations, fund managers, and governments, enabling the tokenization of assets like stocks, bonds, and loyalty points. Hadron supports seamless asset issuance and management with compliance tools (KYC, AML, risk management) and operates on multiple blockchains, including

Unlock the Best Trading Strategies on Demex for the Memecoin Supercycle

The Memecoin Supercycle: A New Era for Traders The memecoin supercycle has emerged as one of the most unexpected yet fascinating trends in crypto, drawing traders from all backgrounds. Unlike utility tokens with complex fundamentals and promised functions, memecoins are propelled by community enthusiasm, emotional connection, and the prospect of

Demex Daily #283: Curve Finance Launches Yield-Bearing "Savings-crvUSD" to Boost DeFi

What’s Interesting Today: Curve Finance has launched "Savings-crvUSD" (scrvUSD), a decentralized yield-bearing stablecoin designed to offer low-risk returns and scale the crvUSD stablecoin. Users can mint scrvUSD by depositing crvUSD into the module, with the underlying assets being overcollateralized. The product aims to stabilize borrowing rates for

Demex Daily #282: Ethereum Beam Chain Proposal Enhances Consensus for Faster Transactions

What’s Interesting Today: At Ethereum's Devcon conference in Bangkok, Ethereum researcher Justin Drake unveiled his "Beam Chain" proposal, a major redesign of Ethereum's consensus layer. This upgrade would integrate key features like faster block finality, improved staking mechanisms, and deeper zero-knowledge proof support

Demex Daily #281: ENS Labs Launching Namechain Layer-2 to Boost Scalability and Lower Costs

What’s Interesting Today: ENS Labs, the team behind Ethereum Name Service (ENS), plans to launch "Namechain," its own layer-2 blockchain using zero-knowledge rollups to improve scalability and reduce costs. Expected to go live by the end of 2025, Namechain will allow ENS to process transactions off the

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