# DEX Related Articles

HTX News Center provides the latest articles and in-depth analysis on "DEX", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Solana under pressure: Pump.fun’s $10M SOL move sparks THIS Q3 debate

The article discusses the impact of memecoin launchpad Pump.fun's recent sale of $10.08 million worth of SOL on the Solana ecosystem and its price outlook. While Pump.fun's high trading volume and revenue growth demonstrate strong on-chain activity and demand for Solana's network, its large-scale SOL sales have sparked a debate about value extraction from the ecosystem. This selling pressure, coupled with a broader risk-off sentiment, is testing Solana's fundamentals. Despite robust network metrics, SOL struggles to break key resistance levels like $100 and $80. The central Q3 debate is whether Solana's underlying network growth and application activity can generate enough demand to overcome this selling pressure and support a price recovery, or if the weakness will persist.

ambcrypto6h ago

Solana under pressure: Pump.fun’s $10M SOL move sparks THIS Q3 debate

ambcrypto6h ago

Pantera Capital: As Perpetual Swaps Move to the Financial Center, Hyperliquid is Attempting to Contain Everything

"Perpetual futures are evolving from a crypto-native innovation to a fundamental shift in market structure, increasingly adopted by traditional investors. Offering advantages like no expiry dates, simplified risk management, and 24/7 trading, they are becoming the dominant tool for leveraged directional exposure. While pioneered in crypto by BitMEX, decentralized exchanges (DEXs) like Hyperliquid are now driving significant growth. Hyperliquid, the largest DEX for perps, has captured ~40% of on-chain volume by building a custom L1 blockchain for high performance and enabling permissionless listing of assets through HIP-3. Its vision to 'accommodate all finance' has led to expansion into equities, commodities, and indices. During market closures or events (e.g., weekends, geopolitical tensions), Hyperliquid serves as a price discovery venue, attracting attention from traditional funds and exchanges like ICE, which now views it as a competitor. While regulatory uncertainty in the U.S. remains a key risk, recent CFTC actions approving certain crypto perpetual contracts signal a potential shift. The core question is whether blockchain-based infrastructure like Hyperliquid can become the primary venue for pricing and trading risk across all finance."

链捕手7h ago

Pantera Capital: As Perpetual Swaps Move to the Financial Center, Hyperliquid is Attempting to Contain Everything

链捕手7h ago

Is Robinhood making the same ‘memecoin’ bet that made Solana a winner?

Robinhood CEO Vlad Tenev's promotion of the new Robinhood Chain for memecoin activity has drawn criticism, despite the chain's initial focus on real-world assets (RWA). Critics, including some venture capitalists, question the need for another Ethereum L2. However, memecoins are a major driver of blockchain activity, accounting for 40%-50% of trading volume on chains like Solana and BNB. Following Tenev's viral post, memecoins on Robinhood Chain saw massive price surges (up to 1100%), and the L2's total value locked (TVL) and DEX volumes skyrocketed, growing 10x and 5x respectively in a short period. While this memecoin-driven hype has generated significant initial traction, its sustainability and ability to help Robinhood Chain compete with rivals like Base remain uncertain.

ambcrypto16h ago

Is Robinhood making the same ‘memecoin’ bet that made Solana a winner?

ambcrypto16h ago

Base DEX Volume Flipping Arbitrum Shows The Layer-2 Race Is Heating Up Again

Base, the Ethereum layer-2 network incubated by Coinbase, has recently surpassed Arbitrum in daily decentralized exchange (DEX) volume, signaling a potential shift in on-chain liquidity and competitive dynamics. This development indicates Base is moving beyond its initial distribution advantages and beginning to compete on the core metric of actual trading activity. While this flip demonstrates the rapid movement of liquidity and user attention between layer-2 networks, it is not a definitive declaration of a winner. Arbitrum remains a major player. The key takeaway is the importance of separating confirmed data from speculation. The focus now shifts to whether this volume shift represents a sustained trend or a temporary snapshot, which will be determined by follow-on developments in app ecosystems, incentives, and market reactions over subsequent sessions.

bitcoinistYesterday 20:44

Base DEX Volume Flipping Arbitrum Shows The Layer-2 Race Is Heating Up Again

bitcoinistYesterday 20:44

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

The meme coin CASHCAT has skyrocketed over 1300% in 24 hours, surpassing a $130 million market cap and bringing significant attention to the Robinhood Chain and its meme launch platform, Noxa.fi. Noxa.fi is a multi-chain meme launchpad that recently added support for Robinhood Chain. It enforces key rules for launches on this network: a low base fee of 0.0005 ETH, instant listing on Uniswap V3, a 1% standard trading fee (no additional token tax), and anti-sniping measures for the first hour to prevent bot manipulation. Currently, 9 of the top 10 tokens by market cap on Robinhood Chain were launched via Noxa.fi. The leader is CASHCAT ($130M), which carries a narrative tied to Robinhood's original considered name, "Cash Cat." Other notable tokens include GME ($4M) and DIH ($4.1M). The article cautions that meme coins are driven purely by hype and community sentiment, with volatile and often short lifecycles. To participate, users need to configure the Robinhood Chain network, bridge assets using supported bridges, and can track tokens on platforms like GMGN and DEX Screener.

Foresight NewsYesterday 06:43

CASHCAT Market Cap Surpasses $100 Million! Robinhood Chain Goes Viral

Foresight NewsYesterday 06:43

This Week's Crypto Watchlist｜Jupiter, NEAR, Jito, and 7 Other Projects are Active. Understand Who's Worth Monitoring with a 'Catalyst Calendar'

This week brings a concentrated wave of catalysts for several crypto projects, based on a schedule compiled by an analyst. Jupiter (JUP) leads by launching a private testnet for its GUM unified market on July 6th, aiming to aggregate diverse assets on Solana. On July 7th, NEAR hosts a major livestream reveal focused on enterprise "black box" tech, likely detailing its SPICE upgrade. Also on July 7th-8th, Berachain executes its largest mainnet upgrade, "PoL Next," simplifying its tokenomics by retiring the BGT token and consolidating value into BERA. Zcash (ZEC) eyes recovery with its critical Ironwood network upgrade slated for July 21st, designed to restore trust after a recent privacy vulnerability scare. Looking ahead, Lighter (LIT) plans to launch tokenized stocks next week, leveraging its key position as the default perpetual DEX on the new Robinhood Chain. Jito (JTO) is rumored to launch its JTX trading platform in mid-July, targeting professional traders and promising substantial protocol revenue sharing. Lastly, Ether.fi (ETHFI) has proposed deploying a dedicated Aave V4 instance to power its EtherFi Cash Visa card, though this remains in the early governance stage. The week presents a mix of product launches, major upgrades, and strategic expansions, each carrying its own potential for momentum and associated risks like token unlocks or execution challenges.

marsbit2 days ago 02:48

This Week's Crypto Watchlist｜Jupiter, NEAR, Jito, and 7 Other Projects are Active. Understand Who's Worth Monitoring with a 'Catalyst Calendar'

marsbit2 days ago 02:48

Reviewing 8 'Cash Cow' Projects in the Bear Market: The Leader Repurchased $283 Million Worth This Year

This article highlights eight cryptocurrency projects that have demonstrated strong cash-generating capabilities and implemented significant token buyback programs during the bear market of 2026. These projects, dubbed "cash cows," are repurchasing their own tokens, often reducing supply. According to data from Tokenomist, the projects with notable buyback activity from January 1st to June 30th are: Meteora (MET), Pump.fun (PUMP), GMX, Rollbit (RLB), Metaplex (MPLX), Hyperliquid (HYPE), Lighter (LIT), and Aave. Notably, MET's buybacks equaled 71% of its January token supply, while HYPE executed the largest buyback by value at $283 million. Key project summaries include: - **Hyperliquid (HYPE):** The leader by dollar value, its perpetual DEX protocol has repurchased and burned 44 million HYPE tokens (approx. 4.4% of supply) using a significant portion of trading fees, with total buybacks exceeding $1.1 billion since March 2025. - **Meteora (MET):** Its buyback of 336.2 million MET tokens had the greatest proportional impact on its circulating supply, equivalent to 71% of its supply at the start of the year. - **Pump.fun (PUMP):** The popular memecoin launchpad has cumulatively bought back over $400 million worth of PUMP since July 2025, using 50% of net revenue for buybacks and burns since April. - **Aave (AAVE):** Despite facing a major security incident earlier in the year, the lending protocol has continued its buyback program, repurchasing over 200,000 AAVE tokens. Its team is designing a new automated buyback mechanism. - **GMX, Lighter (LIT), Rollbit (RLB), and Metaplex (MPLX)** also have active buyback mechanisms funded by protocol fees or revenues. The article concludes that while token buybacks and burns do not guarantee price appreciation—as market conditions, news, and other factors play a role—these projects stand out for their ability to generate consistent cash flow in a challenging market environment.

marsbit07/06 11:55

Reviewing 8 'Cash Cow' Projects in the Bear Market: The Leader Repurchased $283 Million Worth This Year

marsbit07/06 11:55

Robinhood Chain Ecosystem Overview: Which Projects Are Worth Early Attention?

This article provides an overview of the emerging Robinhood Chain ecosystem, a Layer-2 network launched by Robinhood. As of July 6, 2026, the ecosystem's TVL stands at approximately $76.73 million. Key projects highlighted for potential opportunities include: * **Arcus**: A DEX for stock tokens and crypto, co-built by dYdX Labs and Robinhood Crypto, focusing on spot and perpetual trading. Future token distribution is expected to prioritize the dYdX community. * **Lighter**: A ZK-powered DEX for perpetuals and spot trading on Robinhood Chain, offering an incentive program for users. * **Morpho**: Supports Robinhood Earn, a feature allowing US users to lend stablecoin USDG for an estimated 7% APY. * **Rialto**: An on-chain spot exchange supporting crypto, stocks, ETFs, and commodities, utilizing a propAMM model for liquidity. * **Arrakis**: A non-custodial on-chain market maker protocol for token issuers. * **Meridian**: A platform for RWA perpetual contracts and prediction markets, settled in USDe. * **Native**: An on-chain price discovery and execution system now deployed on Robinhood Chain. The article concludes with a disclaimer, advising readers to conduct their own research (DYOR) and assess risks.

marsbit07/06 07:05

Robinhood Chain Ecosystem Overview: Which Projects Are Worth Early Attention?

marsbit07/06 07:05

Want to Get Freebies from Robinhood Chain? Which Ecosystem Projects Are Worth Watching?

**Title: Want to Get the Robinhood Chain Airdrop? Which Ecosystem Projects Are Worth Watching?** **Summary:** Robinhood Chain, a key part of Robinhood's push into Layer 2, aims to build a comprehensive ecosystem covering stock tokens, RWAs, perpetual contracts, and spot trading. With its mainnet launch on July 2, 2026, came a 90-day gas fee waiver for swaps, cross-chain transactions, and Perp trading. While the ecosystem's TVL was still modest at around $76.73 million as of July 6, 2026, several early projects present potential opportunities. Key projects highlighted include: * **Arcus:** A stock token and crypto DEX built by dYdX Labs and Robinhood Crypto, focusing on spot and perpetual contracts. Future ARCUS tokens are expected to prioritize the existing dYdX community. * **Lighter:** A ZK-powered decentralized perpetual and spot exchange deployed on Robinhood Chain. It has committed $11 million worth of LIT tokens to the Robinhood community, with users earning points (and double points via Robinhood Wallet) for trading, convertible to LIT. * **Morpho:** Integral to the newly launched "Robinhood Earn" program in the US, where user-supplied USDG stablecoins are lent out via Morpho vaults, targeting a 7% APY. * **Rialto:** An on-chain spot exchange supporting crypto, stocks, ETFs, and commodities. It will initially list over 90 Robinhood stock tokens and uses a "propAMM" system where market makers provide quotes from their own inventory. * **Arrakis:** A non-custodial, on-chain market maker protocol for token issuers to manage concentrated liquidity on DEXs. * **Meridian:** A platform on Robinhood Chain focusing on RWA perpetual contracts and prediction markets, settled in USDe. It rebranded from Ethereal and had previously planned to allocate 15% of its future governance tokens to ENA stakers. * **Native:** An on-chain price discovery and execution system recently deployed on Robinhood Chain, though the team has stated there are no current plans for a token launch. The article emphasizes that this is not investment advice and urges participants to conduct their own research (DYOR).

Foresight News07/06 06:48

Want to Get Freebies from Robinhood Chain? Which Ecosystem Projects Are Worth Watching?

Foresight News07/06 06:48

Racing with Robinhood, Is Lighter Playing a Big Game?

"Lighter, a perpetual and spot exchange founded in 2022 by Vladimir Novakovski, is making strategic moves. After raising $68 million in November 2025 from investors like Founders Fund and Ribbit Capital, the project has recently updated its tokenomics and deepened its partnership with Robinhood. Key updates include a shift to permanent token burns from protocol revenue, with the first burn scheduled post-Q2 2026, and a change in staking rewards to be funded from the ecosystem reserve instead of protocol revenue. In July, Lighter was designated as Robinhood's official perpetual contracts partner and integrated directly into the Robinhood Wallet, gaining access to its vast user base. The partnership includes a $11 million LIT rewards program for users. Furthermore, Lighter plans to launch options trading in Q3 2025 and is reportedly working with the CFTC towards becoming a compliant decentralized exchange in the US. The LIT token has a fixed supply of 1 billion, with significant portions allocated to the team and investors subject to a 1-year cliff followed by a 3-year linear vesting schedule, starting from the Token Generation Event in December 2025."

Foresight News07/03 06:41

Racing with Robinhood, Is Lighter Playing a Big Game?

Foresight News07/03 06:41

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