On June 9, 2023, OKX, a well-known cryptocurrency exchange, announced that it will start accepting deposits for Suiswap's native token and decentralized exchange (DEX), Suiswap (SSWP), from June 12. OKX's spot market users will soon be able to trade Suiswap against USDT with the introduction of the SSWP/USDT spot pair.

Decentralized exchange NemoSwap, based in Sui, has been accused of misleading the public about its investors. Two investors named in its $3 million seed round, CryptoSlate and Signum Capital, have denied any involvement with the project.

Curve Finance, a decentralized exchange, has added support for wrapped staked ether (wstETH) as collateral for its decentralized stablecoin crvUSD. The vote to introduce this collateral passed with 100% of votes in support and met a quorum of 84.5%. Users can now put up their wstETH as collateral and mint a portion of that value in crvUSD stablecoin, with a 6% borrow rate.

Velodrome, the largest decentralized exchange on layer 2 network Optimism, is set to upgrade to its second version on June 15. The upgrade aims to improve user experience, security, and simplify smart-contract architecture.

（Cointime May 11）OKX Wallet and Cetus have announced an official cooperation, allowing users to connect their OKX wallet web extension to access Cetus and use decentralized exchange deployed on Sui. Cetus is a pioneer DEX and concentrated liquidity protocol focusing on Move-based ecosystems. It works as a crucial part of the ecosystem infrastructure to satisfy the comprehensive needs of traders, LPs, upper applications and an increasing DeFi population.

Arbitrum’s Chronos Reaches $217M TVL With Staking, Becomes 8th Largest DEX; Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains; Deloitte Enters the Polkadot Ecosystem To Issue Reusable Digital Credentials

The decentralized exchange (DEX) SushiSwap has launched its version 3 (V3) liquidity pools on 13 different blockchain networks. The V3 pools enable users to earn rewards by providing liquidity to the exchange, while also offering improved liquidity and trading options.

Decentralized finance (DeFi) has been gaining popularity in recent years, with the emergence of blockchain technology and cryptocurrencies.

Veax Labs has officially launched its advanced decentralized exchange (DEX) on mainnet. Built on NEAR Protocol, the platform aims to seamlessly bridge features commonly found in the traditional finance (TradFi) with that of the decentralized finance (DeFi) market. Together with the launch of the platform’s mainnet, it has introduced the Veax Liquidity Provider (LP) Incentive Program, a unique opportunity to reward community members who commit liquidity to the platform, further accelerating its growth.

On Apr. 26, Xirtam token's scheduled initial airdrop offering (IAO) on the Arbitrum decentralized exchange (DEX) AlienFi was canceled minutes before launch.