ChainCatcher message, the decentralized exchange PancakeSwap announced the launch of PancakeSwap Bridge on platform X, enabling cross-chain transfers across eight networks, including Ethereum, BNB Chain, Base, Linea, opBNB, Arbitrum One, zkSync Era, and Polygon zkEVM.Users can complete transfers directly by selecting tokens through PancakeSwap. This feature is supported by BNB Chain's cross-chain technology and combines bridging services such as Celer, LayerZero, deBridge, Meson, and Stargate to provide smart routing solutions.

ChainCatcher news, according to Ember monitoring, an address belonging to an early Uniswap team/investor/advisor transferred 4,994,000 UNI (approximately $80.25 million) to Coinbase Prime half an hour ago.This address received an initial allocation of 9 million tokens during the UNI token generation event (TGE) in September 2020, and this is its first transfer out of UNI. After the transfer, the address still holds 4,006,000 UNI, worth approximately $64.29 million.

ChainCatcher news, according to a report by Cointelegraph, shows that Messari reported on December 10 that the Solana ecosystem decentralized exchange Raydium surpassed Uniswap in November trading volume by approximately $30 billion, leading by 30%.This marks the second time Raydium's monthly trading volume has exceeded Uniswap since October. The report noted that meme coin trading has become the main driver of Raydium's growth, with meme coin trading accounting for a record 65% of its total monthly trading volume in November. Raydium firmly occupies over 60% of the daily DEX trading volume in the Solana ecosystem.

ChainCatcher news, the payment protocol AEON announced a partnership with the BNB Chain ecosystem Meme platform Four.Meme. Users can directly purchase Meme tokens on Four.meme using non-BSC assets such as ETH and SOL through Swap Pay, eliminating the cumbersome cross-chain operations and supporting the development of the Meme ecosystem.AEON's Swap Pay payment solution integrates multi-chain asset exchange and trading functions, aiming to simplify the payment process and lower the payment threshold for users.

ChainCatcher message, Uniswap Labs posted on platform X that it has launched a new feature in its Chrome browser extension wallet, allowing users to exchange cryptocurrencies and perform cross-chain operations by pressing the shortcut key cmd + shift + U in the browser.

ChainCatcher message, PancakeSwap announced on platform X that its simple staking product will be discontinued on March 10, 2025, at 08:00 Beijing time. PancakeSwap stated that this is part of its ongoing efforts to simplify products and focus on providing the community with more sustainable and impactful offerings. Users are advised to withdraw their funds before March 10, 2025, at 08:00.

ChainCatcher news, according to Forbes, Uniswap Labs recently announced the launch of its new blockchain Unichain, while Uniswap has long been a key driver of activity on the Ethereum mainnet. As Uniswap transitions to its own chain, validators on the Ethereum network could lose approximately $400 million to $500 million in revenue annually.But more serious than this economic loss is the threat to Ethereum's fundamental narrative as a deflationary currency. Uniswap's universal router is the largest account consuming gas fees, accounting for 14.5% of Ethereum's gas fees, equivalent to the destruction of $1.6 billion worth of Ethereum. This means that the effectiveness of the burn mechanism will weaken, further undermining Ethereum's economic position.

ChainCatcher message, Uniswap Labs shared Dune data on X indicating that Arbitrum has become the first L2 on the Uniswap protocol to exceed $20 billion in trading volume in a month.

ChainCatcher news, according to official sources, the liquidity solution SecondSwap has announced the completion of a $1.2 million seed round financing, with participation from GSR, Animoca Ventures, E4 Capital, Yellow Capital, BCW Group, HGEN DAO, ARC Community, Nonco, and Libra Capital. The funds will primarily be used to expand SecondSwap's market capabilities.It is reported that SecondSwap provides an automated over-the-counter trading market for assets with low liquidity. It supports token diversification, risk management, and transparent trading through smart contracts. Currently, it is in the test network on Ethereum and plans to expand across multiple chains. The mainnet of SecondSwap is set to launch in January 2025.

ChainCatcher news, Uniswap's monthly trading volume in November reached $38 billion, an increase of nearly 50% compared to October, breaking the previous record of $34 billion. Arbitrum contributed the most, reaching $19.5 billion. Uniswap's total fees amounted to $5.44 million, ranking sixth among DeFi protocols. Its token UNI surged over 44% this week, with a market capitalization of $7.7 billion, reflecting the recovery of DeFi and increased on-chain activity.

ChainCatcher news, MicroStrategy founder Michael Saylor posted on X: "MSTR is a credit default swap on over $100 trillion in assets from the 20th century."Note: A credit default swap (CDS) is one of the main credit risk mitigation tools traded over-the-counter, and is a type of financial derivative, one of the credit derivatives. It can be seen as a form of default insurance for a financial asset.

ChainCatcher news, Uniswap will offer a bounty of up to $15.5 million to white hat hackers who discover vulnerabilities in its latest protocol, Uniswap v4 core contracts. This is the highest bounty program ever, aimed at ensuring the security of the protocol.Uniswap Labs stated that v4 has undergone nine independent audits and a security competition with a total prize of $2.35 million, with no serious vulnerabilities found so far. However, the team hopes to further secure the protocol through additional rewards, preventing it from being attacked while handling daily transaction volumes in the billions of dollars.The reward amounts are tiered based on the vulnerability risk score, with a maximum reward of $15.5 million for "critical" vulnerabilities, $1 million for "high-risk" vulnerabilities, and $100,000 for "medium-risk" vulnerabilities. Reports must be submitted within 24 hours of discovery and kept confidential until the issue is resolved.

According to ChainCatcher news, PancakeSwap has now integrated with the OKX Web3 wallet, as shown on the official website. Users can now seamlessly access PancakeSwap through the OKX Web3 wallet to participate in token swaps, provide liquidity, earn farm rewards, and more DeFi services.It is reported that PancakeSwap is a decentralized trading platform that provides users with peer-to-peer cryptocurrency trading services without intermediaries, known for its high efficiency, low fees, and multifunctionality. The OKX Web3 wallet is an industry-leading one-stop Web3 gateway, now supporting over 100 public chains, unified across app, plugin, web, and Telegram.

ChainCatcher news, Uniswap founder Hayden Adams posted on the X platform stating that the killer use case of the internet is the transmission of information, while the killer use case of cryptocurrency is the transmission of value.

ChainCatcher message, IntoTheBlock data shows that the funding rate for perpetual swap contracts has soared to over 10%, with some major exchanges even reaching 20%.Such high costs indicate that traders' bullish sentiment is on the rise, and although it is still below the peak in the first quarter, sustained demand may suggest overheating speculation.

ChainCatcher news, according to OKLink monitoring data, 1 minute ago, 14,156,260 USDC (worth 14,150,598 USD) was transferred from FarmHero to Uniswap.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, as the price of Bitcoin continues to hit new highs, the ETH/BTC exchange rate has been steadily declining, with some Ethereum whales choosing to swap ETH for BTC. In the past few days, two ETH whales have completed large-scale exchange operations:Address 0xd1e...d0e has exchanged 7,346 ETH for 248.6 WBTC in the past 3 days, with a total value of approximately 22.82 million USD, at a transaction price of 91,776 USD/BTC.Address 0x3ec...19f exchanged 5,980 ETH for 102.1 tBTC and 93 cbBTC 8 hours ago, with a total value of approximately 18.31 million USD, at a transaction price of 93,851 USD/BTC.

ChainCatcher news, according to Cointelegraph, the Bank for International Settlements (BIS) has released a research report analyzing the liquidity provision situation of the decentralized exchange (DEX) Uniswap v3.The report points out that, despite being technically decentralized, the liquidity market is still dominated by a few large participants, making it difficult for retail liquidity providers (LPs) to compete with institutions.These big players hold about 80% of the total locked value, focusing on liquidity pools with high trading volumes and low volatility. The research also found that retail LPs have relatively low trading fee earnings and investment returns, and they often incur losses on a risk-adjusted basis. BIS believes that this institution-dominated phenomenon challenges the decentralized financial system concept of DEX.

ChainCatcher news, according to official sources, the multi-chain DEX PancakeSwap announced today that it has burned 9,201,869 CAKE tokens, worth approximately 18 million USD.