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Demex Daily #13: $MATIC Polygon Initiates 2.0 Transition: MATIC-to-POL Conversion and L2 Scaling

What’s Interesting Today: Polygon has introduced the first set of improvement proposals to transition to its new Polygon 2.0 ecosystem, aimed at creating an interconnected layer-2 Ethereum network using zero-knowledge cryptography. Three Polygon Improvement Proposals (PIPs) have been released for community review and voting, which are scheduled to

Mastering Money Markets: A Trader's Guide

Money markets offer traders valuable opportunities by providing liquidity and leverage. Traders can access additional funds by borrowing assets from money markets, enabling them to increase their position sizes and capitalize on market movements.

Demex Daily #12: $TON Telegram Adds TON Crypto Wallet

What’s Interesting Today: Nearly three years after revealing its intention to create a Web3 ecosystem, Telegram has now added a crypto wallet developed on The Open Network (TON) blockchain. While the wallet is open to Telegram's vast user base of 800 million, it excludes users in the

Demex Daily #11: $SOL MetaMask Integrates Solflare for Solana Asset Management

What’s Interesting Today: Solana wallet Solflare has introduced a feature allowing MetaMask users to manage their Solana portfolios directly from their existing MetaMask wallets. Previously, Solana was incompatible with MetaMask, requiring users to create a separate wallet for Solana-based assets like SOL and NFTs. The integration aims to lower

Demex Daily #10: $AAVE Aave v3 Fork Introduces Decentralized Liquidity on Base Network

What’s Interesting Today: Ava Labs is currently running trials for its new HyperSDK upgrade on the Avalanche network and has recorded an impressive 143,322 transactions per second (TPS) in a managed test setting. These figures notably outperform the current TPS capacities of Avalanche, Solana, and Ethereum. HyperSDK enables

Demex Daily #9: $COIN Coinbase Boosts USDC Interest Rate to 5% to Spur Stablecoin Adoption

What’s Interesting Today: Friend.tech, a blockchain-based social networking platform, recently regained some of its lost momentum by hitting a 30-day revenue high of $5.6 million. This surge in revenue comes amid increased usage over the last two weeks, even after the initial hype around its launch faded.

The Rise of LSDFi and LPDFi

Learn how Liquid Staked Derivatives (LSDs) are dominating DeFi and discover the potential of LSDFi and the exciting prospects of LPDfi.

Demex Daily #8: $XRP Ripple Collaborates with Elon Musk's SpaceX Partner on XRP Donation Initiative

What’s Interesting Today: Seven prominent DeFi enterprises have come together to establish the Tokenized Asset Coalition (TAC). The group's mission is to advance the use of public blockchains, the tokenization of assets, and DeFi on an institutional level. As part of its efforts, TAC will hold meetings

Demex Daily #7: $TON Foundation Plans Roadmap for Q4 2023

What’s Interesting Today: The Open Network Foundation (TON Foundation), responsible for the TON blockchain, has registered as a Swiss non-profit organization. Initially created by messaging app Telegram, TON is a proof-of-stake blockchain platform for Web3 applications. As a Swiss non-profit, the foundation will focus on ecosystem development and transparency,

Demex Daily #6: $ENJ Enjin's Upcoming Blockchain Launch Spurs 21% Surge in ENJ Token

Top Gainer - Enjin (ENJ): ENJ, the cryptocurrency of the Enjin platform, saw a 21% price jump within the last 24 hours, triggered by the announcement of the forthcoming launch of its Enjin Blockchain. Established in 2009, Enjin facilitates the development of virtual goods on the Ethereum blockchain, aiming to