Solana DEX trading volume exceeded US$28 billion in December 2023, reaching a record high
SolanaFloor on X platform, in December 2023, Solana DEX trading volume exceeded $28 billion, which is its highest monthly trading volume in history.
Enhancing Crypto Security: Rubic Integrates Private RPC Feature to Prevent MEV Bot Attacks
DEX trading is often associated with risks, ranging from non-reversible payments to MEV bots attacks. As the crypto community strives to make digital assets more ubiquitous, innovative solutions are emerging to ensure the safety of users’ funds.
Solana ecological DEX Raydium revenue reached $87.07 million in the past 7 days
On December 25th, DeFiLlama fee data dashboard shows that the top five public chains or protocols ranked by fees and income in the past seven days are Bitcoin ($117 million), Solana ecosystem DEX Raydium ($87.07 million), Ethereum ($80.57 million), Avalanche ($30.67 million), Uniswap ($16.29 million), and Lido ($16.18 million).
MEXC responded: The CEO does not have an official X account, and the blocked account is a fake one
According to rumors online that the MEXC CEO has stopped using the X platform account, MEXC officials clarified that there has never been an official MEXC CEO account. The account mentioned by WhaleChart (@MEXC_CEO) is a fake account that has been banned by X.
HashFlow has been launched on Solana, aiming to improve the network DEX and DeFi ecology
HashFlow officially announced that it has launched on the Solana network. Users can now conduct SOL native transactions on HashFlow without affecting usability, liquidity, pricing, or custody.
MetaTrust: Total losses from OKX DEX exploit now reach $2.7 million
Security company MetaTrust Alert monitoring shows that the total loss caused by OKX DEX vulnerability exploitation has now reached 2.7 million US dollars.
Axelar (AXL) announces the integration of Vertex, which becomes another major DEX using Axelar services after dYdX, Uniswap and Pancakeswap
Cross-chain infrastructure protocol Axelar announced that it will provide cross-chain interoperability technology support for DEX protocol Vertex.
OKX responds to DEX being attacked: it has been repaired and all losses will be compensated
It was confirmed that this incident was caused by the theft of management authority for a discontinued OKX DEX market merchant contract, resulting in the transfer of assets from 18 addresses authorized by the contract.
Slow Mist: OKX DEX Proxy Admin Owner private key leaked
According to SlowMist's report, there seems to be a problem with the OKX DEX contract. SlowMist's analysis found that when users exchange, they authorize the TokenApprove contract, and the DEX contract transfers the user's tokens by calling the TokenApprove contract. The DEX contract has a claimTokens function that allows a trusted DEX Proxy to call it, which calls the TokenApprove contract's claimTokens function to transfer authorized user tokens. The trusted DEX Proxy is managed by the Proxy Admin, and the Proxy Admin Owner can upgrade the DEX Proxy contract through the Proxy Admin.
OKX DEX is suspected to have been hacked and the proxy address has been removed
On December 13th, according to Twitter user @eno_eth, community member @axe_ping claimed that wallet funds were stolen and a large amount of funds were transferred to a hacker address starting with 0x1f14. All stolen wallets were authorized by OKX DEX, and 1 hour ago OKX removed the proxy address that was attacked by the hacker. Currently, SlowMist team is tracking and analyzing the situation.
