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Demex Daily #158: Ether Rises 10% to $3,400 on Improved SEC ETF Approval Odds

What’s Interesting Today: The price of Ether soared by 10% to $3,400 after Bloomberg ETF analysts significantly raised their expectations for U.S. SEC approval of spot ETH ETFs from 25% to 75%. This news comes as the SEC approaches final deadlines for these decisions, which had been

Demex Daily #157: MakerDAO Introduces NewStable and PureDAI in Strategic Update

What’s Interesting Today: Rune Christensen, the founder of MakerDAO, has unveiled two new stablecoins, NewStable and PureDAI, under the protocol's Endgame strategy. These coins are set to eventually replace the existing DAI stablecoin. NewStable is designed for expansion and robustness, leveraging real-world assets, and will be rebranded

Demex x MilkyWay Point Booster

Supercharge your earnings with boosted Demex Points and mPoints! Demex and MilkyWay Zone, your favorite DeFi protocols from the Celestia ecosystem, are joining forces for a stellar flash promotion. Get ready to maximize your gains with milkTIA, the first-ever liquid staking derivative (LSD) for Celestia! MilkyWay Magic Pioneering Partnership: Demex

Demex and Avail Leverage Data Availability for Next-Gen Trading

While security and decentralization often steal the spotlight, data availability (DA) is the unsung hero of scalable blockchains. This article dives into DA, exploring its significance for users and examining existing solutions. The Blockchain Trilemma and the Rise of Data Availability The core of blockchain technology lies in three pillars:

Demex Daily #156: Tether Teams Up with Oobit and TON for Crypto-Payment Integration

What’s Interesting Today: Tether Operations Limited has partnered with Oobit and the TON Foundation to create a comprehensive crypto-payment solution, integrating USD₮ and XAU₮ into TON's blockchain. This partnership aims to enhance the utility of cryptocurrencies as a payment method by allowing users to send USD₮ via

Demex Daily #155: Cyber Launches First Social-Focused Ethereum Layer 2 Network

What’s Interesting Today: Cyber, previously known as CyberConnect, has launched a layer-2 network on the Ethereum blockchain, branding it as the "first L2 for social." This new chain uses Optimism's OP Stack, EigenDA, and other custom features to ensure low transaction fees, high transaction per

Demex Daily #154: Google Cloud Becomes Super Representative Candidate on TRON Blockchain

What’s Interesting Today: TRON DAO announced that Google Cloud has become a Super Representative candidate on the TRON blockchain, responsible for block production and transaction handling. This partnership extends TRON’s existing collaboration with Google Cloud, which includes making TRON data available on BigQuery, a serverless data warehouse. This

Demex Daily #153: Record Meme Coin Surge on Solana Triggered by Roaring Kitty’s Return

What’s Interesting Today: The resurgence of Keith Gill, known as Roaring Kitty, spurred a wave of meme coin creation on Solana via the platform pump.fun. Following a meme posted by Gill, 14,500 meme coins were launched in one day, marking a record for the platform. Examples include

Trade ENA and PENDLE, The Best of DeFi on Demex

It’s been a while since Demex has launched new markets, so we’re back with 2 new perpetual markets for you derivative lovers to trade on, and 1 brand new thematic perp pool for you market-makers and liquidity providers! Say hello to ENA-PERP, PENDLE-PERP and the DeFi Perp Pool!

Demex Daily #152: Celo to Transition to Ethereum Layer-2 with Optimism's Tech

What’s Interesting Today: The Celo community has approved a significant shift from a standalone blockchain to a Layer-2 network atop Ethereum, using Optimism's OP Stack. The decision, ratified by 65 addresses representing 14.6 million CELO tokens, will not be implemented until validators complete necessary upgrades. This