Cardano DEX MuesliSwap to refund users after slippage confusion
The MuesliSwap team wants to refund users that have lost funds to high slippage due to the way the DEX’s matchmaker was set up.
The MuesliSwap team wants to refund users that have lost funds to high slippage due to the way the DEX’s matchmaker was set up.
A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000.
The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week.
Ethereum price looks poised for additional downside as low as the $1,560 level.
The new version features “hooks” that will allow for more customized options, but it will not be implemented until more feedback is obtained from the community.
DEXes are not securities exchanges argues crypto venture firm Paradigm.
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.
ETH price could come under short-term pressure due to a downtrend in deposits, reduced DEX volume market share and futures data showing traders with a bearish bias.
According to developers, the fundraising goal of the initial DEX offering was reached in less than one minute.