From AMMs to Order Books: Different Structures in DEXs
Decentralized exchanges (DEXs) have become a cornerstone of the cryptocurrency ecosystem, facilitating peer-to-peer trading without conventional intermediaries. In Decentralized exchange, various structures have emerged, each with unique features, benefits, and challenges. This article will explore the diverse structures defining the decentralized exchange landscape. What are Automated Market Makers (AMMs)? Automated Market Makers (AMMs) are algorithmic […]
SudoRare shuts down its services, social media accounts
AMM protocol SudoRare has suddenly shut down its services and social media accounts after allegedly making away with 519 Ether, worth roughly $815,000. Sungjae_han, a member of the cryptocurrency community, was the first to draw attention to a suspicious transaction that used the LooksRare (LOOKS) and USD Coin (USDC) tokens to siphon off a sizable […]