AMM News

RippleX has reported a technical glitch affecting some Automated Market Maker (AMM) pools on the XRP Ledger (XRPL).

The community of Frax Finance, a decentralized finance protocol, has announced its unveiling of FRAX v3, a stablecoin pegged to the U.S. dollar.

David Schwartz, chief technology officer of Ripple, has cautioned investors against holding XRP in an automated market maker (AMM). 

Kyber Network, a popular decentralized exchange, has announced that they have identified a potential vulnerability in their KyberSwap Elastic Liquidity feature.

Automated market maker (AMM) SudoRare has reportedly stolen 519 ETH, worth about $985K at current market prices. Platform Removes Online Presence A member of the crypto community going by the name Sungjae_han was the first to report the suspicious transaction…

Eyeing a launch in Q3 2021, automated market maker (AMM) MonoX today announced it had successfully raised $5 million in its latest funding round. MonoX to Use Funds for AMM Launch MonoX, an AMM scheduled to launch in Q3 2021…

Solana-based DeFi project Cyclos today announced it had successfully raised a total of $2.1 million combined from a private and a public funding round. Developing the First Concentrated Liquidity AMM on Solana Per the announcement, Cyclos will use the funds…

May 12, 2021 — MakiSwap is launching the first fully-fledged swap platform on Huobi Eco Chain (Heco), the Ethereum-compatible smart contract blockchain backed by Huobi. MakiSwap offers users a comprehensive decentralized exchange and yield farming platform. The AMM was designed…

DeFi investment fund DeFiance Capital has become part of the DeFi protocol Bancor’s ecosystem and will provide advice on tokenomics, financial and institutional liquidity management in the capacity of strategic advisors. DeFiance in Bancor Protocol DeFiance will use its BNT…

The total value locked (TVL) in Bancor, a non-custodial exchange and one of the oldest DEXes in the crypto world, is up 10x in six months, trackers on March 11 reveal. The Exponential Rise of Bancor TVL TVL is a…

Last year, Bancor proposed the BNT Liquidity Mining (LM) program to bring new liquidity into its pool and create rigidity to stimulate long-term liquidity.  BNT Liquidity Rewards on Bancor As of today, BNT liquidity returns are now available on the…

The Kava team has released their 2021 road map that details their plans of releasing a Robo Advisor, an AMM solution, and launching the final version of the Hard Protocol. The news was released as an update to the Kava…

Fernando Martinelli, the CEO, and Founder of Balancer Labs on June 30, 2020, responded to an incident where $500,000 worth of digital assets were lost saying the team would have done better and will now reimburse losses incurred by the…