Part 1. DEX Updates

— Key Takeaways —

<aside> 💡 Trader Joe was deployed to Arbitrum.

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<aside> 💡 Uniswap launched the Permit2 and Universal Router contracts and issued a bug bounty with a total of 3 million US dollars. It officially launched the NFT trading market, which focuses on aggregation and low gas.

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<aside> 💡 Curve was deployed to Celo. Curve released its stablecoin whitepaper and created the LLAMMA mechanism which aimed to extend the scope of liquidation and reduce the risk of depeg.

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<aside> 💡 In terms of trading volume, the overall trading volume of the market in the past two weeks slightly increases compared with the previous two weeks. The trading volume of most exchanges has decreased month-on-month. The exchanges with better performance are Kyberswap and Uniswap; the exchanges with poorer performance include Jupiter and Thorswap.

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— DEX Roundup —

Balancer

• In cooperation with Frax Finance, the sfrxETH/wstETH/rETH pool was created on Balancer.

Paraswap

• Paraswap integrated the liquidity on Swaap Labs.
• ****PSP-IPΔ22: PSP 2.0 which aims to upgrade the tokenomics has passed.

Pancakeswap

• Pancakeswap launched Smart Router.