All articles tagged with #dex
Samsung's upcoming Galaxy Z TriFold foldable phone is expected to cost around $2,800 in the US, features a dual-hinge design with display creases similar to the Galaxy Z Fold 7, supports on-device DeX, and will launch in Korea on December 12 with a US release in Q1 2026. The device includes a case, charging brick, and a kickstand case, with software enhancements like fold alerts and vibrations.
Velocore, a decentralized exchange on the zkSync and Linea blockchains, suffered a $10 million exploit targeting its liquidity provider tokens. Despite passing security audits, hackers transferred over 700 ETH to the Ethereum mainnet. While Velocore's stable pools were unaffected, the team is working with security experts and centralized exchanges to freeze the stolen assets. The incident caused a 5% drop in Velocore's native token VC, though zkSync and Linea blockchains remained largely unaffected.
Cardano's decentralized exchange (DEX) daily volume has surged to over 23 million ADA, but this has not prevented the price of ADA from continuing to decline. Despite increased DEX activity, the total value locked (TVL) in Cardano's DeFi sector has dropped from $430 million to $230 million, and interest in Cardano's NFTs has waned. Indicators such as the Relative Strength Index (RSI) and Chaikin Money Flow (CMF) suggest a bearish trend, with ADA trading at $0.4489 and showing signs of declining velocity and profitability.
The daily trading volume of decentralized exchanges on Solana has significantly declined, dropping from over $1.5 billion to $984 million in just three days. This decrease, linked to reduced interest in Solana-based memecoins, could push SOL's price to test lower support levels around $145.90. Additionally, Solana's Open Interest has also fallen, indicating waning market strength and potential further price drops. Solana is also facing increased competition from other blockchains like Aptos and Sui.
Solana's decentralized exchange aggregator, Jupiter, has seen a surge in daily trading volume, surpassing Uniswap on Ethereum with over $1.2 billion in volume. The platform initiated a massive JUP token airdrop, with 1 billion tokens available for claim by eligible users. Despite the initial excitement, the JUP token's market price experienced fluctuations, and SOL's price also saw a 6% decrease. The airdrop has attracted significant interest, with nearly 392,000 unique wallet addresses claiming tokens so far, and Jupiter has allocated an additional 3 billion tokens for future airdrops to reward newer users.
Google may be developing a DeX-like desktop environment for its upcoming Pixel 8 series, as evidence suggests that the phones will support USB DisplayPort alternate mode, allowing the USB-C port to transmit DisplayPort data. This, along with recent clues indicating improved keyboard support and UI for Desktop mode, suggests that Google may finally offer a serious competitor to Samsung's DeX platform.
The upcoming Samsung Galaxy Z Flip 5 is rumored to support DeX, allowing users to connect a monitor, keyboard, and mouse for a desktop experience. The device will also feature a larger 3.4-inch cover screen with a resolution of 720 x 748. The Galaxy Z Flip 5 is expected to have the Snapdragon 8 Gen 2 for Galaxy under the hood and the same 6.7-inch internal display. DeX support has always been included in the Galaxy Z Fold line.
The upcoming Galaxy Z Flip 5 from Samsung will be the smallest Galaxy phone to support Samsung DeX, a tool that lets you turn Samsung phones and tablets into a workstation with a desktop-like interface. It is unknown whether older Galaxy Z Flip models will also get DeX support through a software update. The Galaxy Z Flip 5 and Galaxy Z Fold 5 will be unveiled at Samsung's next Unpacked event, along with other devices.