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Demex Daily #141: Stripe Reintroduces Crypto Payments with USDC

What’s Interesting Today: Stripe has reentered the cryptocurrency space, announcing that it will enable merchants to receive payments in USD Coin (USDC) on the Ethereum, Solana, and Polygon networks starting this summer. This move comes after Stripe initially accepted Bitcoin payments in 2014 but ceased this service in 2018

Demex Daily #140: BONK and WIF Surge on Solana Amid Market Dip

What’s Interesting Today: Solana meme coins BONK and WIF have recorded significant price increases in the last 24 hours, despite a broader market downturn that has seen a 2.30% drop in the global crypto market cap. BONK has seen a 13.5% rise following a community-approved proposal

Experience The Power of Liquidity with Demex’s Perp Pools!

For those familiar with Demex, Perp Pools have likely become a cornerstone, particularly among Liquidity Providers (LPs). These pools function as specialized liquidity reserves tailored for perpetual markets. While they share similarities with spot liquidity pools, they distinguish themselves by employing AMM smart contracts to allocate user-provided liquidity across

Demex Daily #139: Metis Rolls Out 'Sequencer Mining' in Phase 2 Update

What’s Interesting Today: Metis has launched phase 2 of its decentralized sequencer upgrade, introducing a new feature called "Sequencer Mining." In this setup, sequencer nodes can earn METIS tokens by processing transactions and generating blocks on Layer 2 blockchain networks. Users can stake through LST providers that

Demex Daily #138: Stacks Rolls Out 'Nakamoto' Upgrade to Enhance Network Efficiency

What’s Interesting Today: Celo has chosen Optimism's OP Stack for its transition to a layer-2 network on Ethereum after a competitive review process among leading layer-2 technologies. The proposal by Celo's primary developer, cLabs, will be discussed in community calls before going to

FOMO Points Booster

It's been two exciting weeks since Demex Points launched! Many users have claimed their Retro Spins and retroactive rewards, while others are actively earning spins to unlock Demex Points through loot boxes. Currently, Demex Points focuses on rewarding two key activities: perpetual contract trading and providing liquidity to

Demex Daily #137: Merlin Chain Launches $MERL Token Boosting Bitcoin Layer 2 Ecosystem

What’s Interesting Today: Merlin Chain, a leading Bitcoin Layer 2 protocol, has launched its native cryptocurrency, $MERL, after achieving a notable $3.6 billion in total value locked (TVL). The $MERL token, built on the BRC-20 standard, boosts the platform’s functionality by supporting governance, network security, and

Demex Daily #136: Optimism Collective Announces $22M Grants for Superchain Builders

What’s Interesting Today: The Optimism Collective has launched its fourth Retro Funding Round, offering $22 million worth of OP tokens to builders on the Superchain, an Optimism-based technology aiming for interoperable blockchain networks. The funding round begins on May 23 with applications open until June 6, followed by

Demex Daily #135: Worldcoin Launches Privacy-Focused 'World Chain' on Ethereum

What’s Interesting Today: The Worldcoin Foundation, associated with the eye-scanning Worldcoin project, plans to launch World Chain, a new blockchain using tech from layer-2 provider Optimism. This network, built on Ethereum, will use ETH as its native token and allow Worldcoin (WLD) to pay for gas fees.

Demex Daily #134: EigenLayer Removes Caps and Expands ETH Staking as Competition Grows

What’s Interesting Today: EigenLayer, an Ethereum restaking protocol, has completed its rollout phase by removing deposit caps on all ETH liquid staking tokens (LST) and resuming restaking deposits, signaling a new growth phase for its ecosystem. This move provides uncapped access to its eleven LST pools. The protocol previously