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Demex Daily #237: Kujira Joins Rujira Alliance to Build THORChain's DeFi Layer

What’s Interesting Today: DeFi network Kujira has merged with three key ecosystem partners to form the "Rujira Alliance," which will build a new application layer for THORChain, a cross-chain liquidity protocol. This new app layer, backed by the RUJI token, will offer various DeFi services like order

Demex Daily #236: Starknet Unveils Gasless On-Chain Voting and Parallel Transaction Processing

What’s Interesting Today: Starknet has introduced gasless on-chain voting through Snapshot X, a new governance protocol utilizing Starknet's rollup technology. This allows DAO participants to vote without paying gas fees, addressing the cost and inefficiencies of on-chain governance. Snapshot X ensures secure, decentralized voting by enabling users

Trade RUNE-PERP: Harness THORChain's Power on Demex

We're excited to announce the launch of the RUNE-PERP market on Demex, offering traders the opportunity to trade THORChain's RUNE with up to 20x leverage. This new perpetual market provides the tools and flexibility needed to take advantage of price movements, whether you're looking

Demex Daily #235: Sonic Labs Testnet Goes Live with Fast Transactions

What’s Interesting Today: Fantom, now rebranded as Sonic Labs, has rolled out its testnet, processing over 106 million transactions. The testnet has created 70 million blocks with an average block time of 0.45 seconds and a finality time of 0.76 seconds, positioning it as one of the

Demex Daily #234: Celestia Reveals Plan for 1GB Blocks to Enhance Scalability

What’s Interesting Today: Celestia, a layer-1 data availability network, revealed a roadmap to scale block sizes to 1 gigabyte, aiming to boost data throughput for its rollup ecosystem. This move enhances scalability, lowers transaction costs, and enables new on-chain applications like web apps and gaming. Celestia competes with rivals

Arbitrage Funding Rate Strategies: A Delta-Neutral Approach for Steady Returns

Navigating the crypto market's volatility can be challenging, but certain strategies offer a reliable path to consistent returns. One such approach is the arbitrage funding rate strategy. This delta-neutral technique provides a way to earn steady income regardless of market trends by capitalizing on the periodic funding payments

Trade INJ-PERP: Discover Injective’s Layer-1 Power on Demex

We’re thrilled to announce the launch of the INJ-PERP market on Demex, bringing new opportunities for traders to leverage the Injective Protocol’s native token with up to 20x leverage. This new market expands our range of trading options and integrates seamlessly with our advanced trading features. What is

Demex Daily #233: Polygon Migrates MATIC to POL for Polygon 2.0 Expansion

What’s Interesting Today: Polygon Labs is migrating its MATIC token to POL as part of the transition to Polygon 2.0. The upgrade brings additional utility, allowing users to swap MATIC for POL on a 1:1 basis. POL will replace MATIC as the native gas and staking token

Demex Daily #232: Ripple Adds Ethereum-Compatible Smart Contracts to XRP Ledger

What’s Interesting Today: Ripple is enhancing the XRP Ledger by introducing Ethereum-compatible smart contracts via a new sidechain. This sidechain, built on the XRPL, will use the Axelar network for cross-chain token transfers, with Wrapped XRP (eXRP) as the primary token. The integration of Ethereum Virtual Machine (EVM) compatibility

Demex Daily #231: Libre Joins NEAR and Surpasses $100M in Multichain Tokenized Assets

What’s Interesting Today: Libre, a tokenization firm backed by Brevan Howard, has launched on the NEAR blockchain, enabling users to access and manage tokenized credit and hedge funds like the Hamilton Lane credit fund, Brevan Howard Master Fund, and Blackrock ICS Money Market Fund. NEAR’s Chain Signatures feature