October marked a significant milestone for decentralized exchanges (DEXs) as trading volumes reached an all-time high. This surge underscores the growing adoption and activity within the DeFi sector.
In other developments, ZKP2P launched its V3 peer-to-peer fiat on/off-ramp, enhancing user access to fiat transactions. The Ethereum Foundation has also revitalized its grant program with a new focus on 'wishlist' projects and 'requests for proposals'. Meanwhile, Lido's V3 upgrade introduced stVaults, enabling institutions to run custom validator sets and yield strategies while maintaining stETH liquidity.
Additionally, Peapods' pLONGWILD faced liquidation, resulting in a $32 million loss, highlighting the risks inherent in DeFi operations. Polygon's new MCP initiative allows any LLM to have its own crypto wallet, further expanding blockchain utility. These developments reflect the dynamic and rapidly evolving landscape of decentralized finance.
October Sees Record DEX Trading Volume; Key Developments in DeFi
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