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Uniswap Launches Cross-AMM Protocol UniswapX | Cryptocurrency Trends

Cary, Bitget Research
2023/07/18
Uniswap Launches Cross-AMM Protocol UniswapX | Cryptocurrency Trends

1. Mainstream Exchange Trends:

● Star Xu: All centralized platforms without full compliance controls will be high risk. Multicoin is the latest example.
● Mainstream Exchange Listings (CEX: Token — Time of Listing in UTC)
Bitget： Arkham (ARKM) — July 18, 12:00 AM.
Binance: (ARKM) — July 18, 12:00 AM.
Bybit: Neon EVM (NEON) — July 17, 5:00 PM.

2. Cryptocurrency Trends:

● cLabs proposes that Celo transition to an Ethereum L2 protocol by leveraging OP Stack.
● Pudgy Penguins launches Pudgy Swap, an OTC trading solution that allows users to exchange and trade Pudgy Penguins directly with others.
● Benji Bananas: Around 30 million circulating tokens stolen; developers to launch a new token (BENJI).
● Arbitrum to support account abstraction endpoints on Arbitrum One and Arbitrum Nova.
● zkSync Era launches the Boojum proof system upgrade in the first step towards transitioning to a STARK-based proof system.
● Lens Protocol officially releases V2.
● Uniswap introduces UniswapX, a cross-AMM protocol.
● The Chainlink Cross-Chain Interoperability Protocol (CCIP) will be available to developers on July 20 on multiple testnets.

3. Financing Trends:

● Echooo Wallet, an account abstraction wallet, raises US$15 million in a funding round with participation from AT Capital and others.
● Ethena, an Ethereum-based stablecoin project, raises US$6 million in seed round funding led by Dragonfly.

4. Regulatory Trends:

● The U.S. House Financial Services Committee will vote on cryptocurrency and stablecoin legislation on July 26.
● The Financial Stability Board (FSB), an international regulator, publishes its global regulatory framework for crypto-asset activities.
Disclaimer: This content includes third-party opinions, and we do not guarantee its accuracy. Cryptocurrency prices are highly volatile, so please conduct your own research and make judgments accordingly.
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