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DeFi News

Uniswap Liquidity Plunges by 45% After UNI Liquidity Rewards Program Ends

Uniswap, the number one DEX platform saw a massive dip in its on-chain liquidity as the popular UNI liquidity mining rewards program came to an end on September 17. The liquidity movement out of the exchange was expected as the rewards for the liquidity providers would dry up. The plunge in liquidity comes just days

Uniswap, the number one DEX platform saw a massive dip in its on-chain liquidity as the popular UNI liquidity mining rewards program came to an end on September 17. The liquidity movement out of the exchange was expected as the rewards for the liquidity providers would dry up. The plunge in liquidity comes just days

DeFi News
DeFi News

Will Uniswap [UNI] Survive The Ongoing Token Outflow?

The surprise launch of Uniswap’s UNI governance token created a lot of buzz in the DeFi world. Days after climbing to an all-time high of $7.07, UNI shed more than 46% of its gains in just two days when it dropped to $3.79. Despite the dip, UNI bounced back, and at the time of writing,

The surprise launch of Uniswap’s UNI governance token created a lot of buzz in the DeFi world. Days after climbing to an all-time high of $7.07, UNI shed more than 46% of its gains in just two days when it dropped to $3.79. Despite the dip, UNI bounced back, and at the time of writing,

DeFi News
DeFi News

Uniswap, Yearn.Finance Tokens Mimic Ethereum’s fall

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

DeFi is driving most of the excitement in crypto right now, however, this space was not exempted from the latest sell-off. The largest altcoin, Ethereum underwent a major correction following the market pullback. This drove the price of the cryptocurrency to retrace its steps back to the previous support level of $340. However, it wasn’t

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DeFi News
crypto market red
DeFi News

UNI’s Surprise Launch, Sell-Off Triggers Volatility in Ethereum’s Price

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latest report of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback. This was noted in the latest report of Coin Metrics. This was primarily driven by the recent sell-off and the surprise launch of Uniswap

DeFi News
DeFi News

Uniswap Token [UNI] Crashes in Response to BTC and ETH Options Expiring

The crypto users are avidly using decentralized finance [DeFi] to hedge against a volatile crypto market. However, the rise of DeFi has not only highlighted problems with the Ethereum blockchain but has also contributed to congestions and the recent addition from DeFi was UNI token. The token that rose to fame within minutes of its

The crypto users are avidly using decentralized finance [DeFi] to hedge against a volatile crypto market. However, the rise of DeFi has not only highlighted problems with the Ethereum blockchain but has also contributed to congestions and the recent addition from DeFi was UNI token. The token that rose to fame within minutes of its