DEX

DEXs are peer-to-peer marketplaces where users trade cryptocurrencies directly from their wallets via Automated Market Makers (AMM) or on-chain order books. By removing central authorities, DEXs like Uniswap and Raydium prioritize privacy and user sovereignty. The 2026 DEX landscape is dominated by intent-based trading, MEV protection, and cross-chain liquidity aggregation. Follow this tag for the latest in on-chain trading volume, liquidity pools, and the technology behind permissionless swaps.

34112 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Coinbase Flags Early Signs of Altcoin Season, With Ethereum at Core of Momentum

Coinbase Flags Early Signs of Altcoin Season, With Ethereum at Core of Momentum

Coinbase believes crypto markets may be on the cusp of a full-scale altcoin season, with institutional demand for Ethereum playing a central role and a potential Federal Reserve rate cut in September setting the stage for retail inflows. In its August research outlook published Thursday, the exchange said the market has largely followed the path it predicted earlier this year, when it expected new highs in the second half of 2025. Stronger-than-anticipated macro conditions and clearer regulatory frameworks have helped fuel that momentum. Bitcoin’s market dominance has slipped from 65% in May to about 59% in August. Coinbase said the decline points to the early stages of capital rotation into altcoins. At the same time, altcoin market capitalization has jumped more than 50% since July to $1.4 trillion. Altcoin Season is coming As September approaches, the transition to a full-scale altcoin season is likely. Our positive 3Q25 outlook stems from macro trends such as potential Fed rate cuts and expected regulatory advancements. More key themes in this Monthly Outlook report ↓ — Coinbase Institutional 🛡️ (@CoinbaseInsto) August 14, 2025 ETH Market Cap Jumps 50% Since July on Treasury Buys The Altcoin Season Index, a metric that tracks whether alts are outperforming Bitcoin, remains in the low 40s, below the 75 threshold that signals a full rotation. Still, Coinbase noted that conditions are aligning for a broader rally as September approaches. Ethereum has been the main beneficiary of this shift. Its market cap has grown 50% since early July, powered by demand from digital asset treasuries and a growing narrative around stablecoins and real-world assets. Bitmine Immersion Technologies alone has acquired 1.2m ETH after raising $20b, with capacity to purchase $24.5b worth. The firm has overtaken Sharplink Gaming, the former leader among Ethereum-focused treasuries. Together, top institutional holders now control nearly 3 million ETH, about 2% of the supply. Source: Coinbase Tokens linked closely to Ethereum, including Arbitrum, Ethena, Lido DAO and Optimism, have all moved in step with ETH. Of these, only Lido has rallied sharply, gaining 58% this month. Coinbase said Lido’s rise reflected both its exposure to ETH and a US SEC staff statement earlier in August that liquid staking tokens are not securities under certain conditions. Alt Season Not Fully Here, But Conditions Are Building While institutional flows dominate the ETH story, Coinbase said retail capital is also waiting to move. More than $7.2 trillion currently sits in US money market funds, the largest stockpile on record. These balances represent what the firm called “missed opportunity costs” caused by high traditional valuations, trade uncertainties and lingering doubts about growth. It expects the upcoming Fed cuts to reduce the appeal of money market funds and redirect capital into crypto and other risk assets. The firm’s liquidity index, which tracks stablecoin issuance, trading volumes, orderbook depth and free float, has also begun to recover after six months of decline. Coinbase said this is an early sign that liquidity is returning to the crypto market. “Our 3Q25 outlook remains constructive, though our view on an altcoin season has evolved,” the report said. “The recent decrease in Bitcoin dominance suggests an early rotation of capital into altcoins rather than a full-scale altcoin season at this stage. With the Fed expected to ease in September and the SEC signaling flexibility around some token models, Coinbase said the conditions for a deeper altcoin season are beginning to fall into place.

Author: CryptoNews
Coinbase flags 50% rise in altcoin market cap since July — Is this the start of altcoin season?

Coinbase flags 50% rise in altcoin market cap since July — Is this the start of altcoin season?

The altcoin market has surged more than 50% since early July, strengthening calls for altcoin season. According to Coinbase’s latest monthly market report, published on Aug. 14, this growth, alongside falling Bitcoin (BTC) dominance, could be the first sign of…

Author: Crypto.news
How did edgeX, a derivatives DEX that hasn't even issued a token, achieve revenue exceeding Uniswap?

How did edgeX, a derivatives DEX that hasn't even issued a token, achieve revenue exceeding Uniswap?

Most people know that the most profitable business in the cryptocurrency world is contracts. But can you imagine that a low-profile, dark horse DEX, operating for only a year, surpassed

Author: PANews
More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation

More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation

The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after reaching yet another milestone saw more than $1 billion in short and long bets being wiped out in just 24 hours. According to Coinglass data […]

Author: Bitcoin.com News
The crypto market suffered setbacks across the board, with the Meme sector leading the decline of more than 8%, and ETH falling below $4,500 at one point.

The crypto market suffered setbacks across the board, with the Meme sector leading the decline of more than 8%, and ETH falling below $4,500 at one point.

PANews reported on August 15th that according to SoSoValue data, the crypto market suffered across the board over the past 24 hours, with declines ranging from 2% to 9% due

Author: PANews
Dialogue with multiple traders: How far are we from a full-scale alt season?

Dialogue with multiple traders: How far are we from a full-scale alt season?

Author: kkk, rhythm On August 12, Ethereum broke through $4,700, setting a four-year high. @CryptoHayes, who had taken profits early last week, also bought back Ethereum on August 9; Bitcoin

Author: PANews
Justin Sun sues Bloomberg after report claims he owns 60% of TRON tokens

Justin Sun sues Bloomberg after report claims he owns 60% of TRON tokens

Justin Sun took legal action against Bloomberg for allegedly misrepresenting his assets.

Author: Crypto.news
Here’s why the surging Skale crypto may crash 40% soon

Here’s why the surging Skale crypto may crash 40% soon

Skale crypto price surged this week, reaching its highest level since February 1 after It Remains launched on its network.  Skale (SKL) token moved from a consolidation phase and surged by 170%, making it one of the best-performing coins this…

Author: Crypto.news
Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data

Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data

The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. […]

Author: Bitcoin.com News
ETH ETFs Just Hit a $1 Billion Net Inflow Day – Could That Spur Altcoin Rotation This Weekend?

ETH ETFs Just Hit a $1 Billion Net Inflow Day – Could That Spur Altcoin Rotation This Weekend?

ETH inflows reached a record on Monday, with U.S. spot Ethereum ETFs drawing $1 billion in a single session. BlackRock’s ETHA fund accounted for $640 million, and Fidelity’s FETH added $277 million. Overall ETF holdings now total $25.7 billion, and cumulative inflows this cycle exceed $10.8 billion. What ETH Flows Mean Now Large ETH inflows suggest heightened demand for ETH exposure. Historically, these inflows have provided momentum for sectors like DeFi, layer-2 networks, and infrastructure tokens. That trend may extend into a broader altcoin rotation, but timing could vary based on weekend trading volumes and macro sentiment. $ETH ETF inflow + $729,100,000 yesterday. Ethereum FOMO is just getting started. pic.twitter.com/eEQDECt0oW — Ted (@TedPillows) August 14, 2025 Sustained inflows also create a liquidity effect—capital allocated to ETFs often gets mirrored in derivative markets, staking platforms, and liquidity pools. This can influence funding rates and lending demand on ETH-related platforms, impacting trader positioning across connected assets. Early Signs of Spillover Activity Ethereum’s recent performance far outstripped Bitcoin’s. In July, ETH rose roughly 49% compared to Bitcoin’s 8% gain. The total crypto market cap passed $3.7 trillion, buoyed by ETF-driven activity. DEX trading data supports this momentum. Ethereum-based DEX volume hit $24.5 billion over 48 hours, twice Solana’s trading volume during the same window. That indicates capital circulation through Ethereum-native infrastructure. On-chain analytics also show wallet growth in ETH DeFi protocols, with daily active addresses in some L2 ecosystems climbing to multi-month highs. This participation uptick suggests that a portion of the ETF-fueled demand is filtering directly into the broader Ethereum ecosystem rather than staying confined to passive ETF holdings. Weekend Outlook: Where Altcoin Season Could Go If ETH inflows continue, we could see capital migrate into a potential altcoin season : 1. Layer-2 networks, such as Arbi trum and Optimism, as users seek lower-cost, high-speed access to ETH trading and DeFi activity; 2. DeFi protocols like Unisw ap or Aave, especially if staking and liquidity incentives draw in flows from yield-seeking investors; 3. AI-adjacent tokens, such as Render (RNDR) or Fetch.ai (FET), which often attract speculative attention tied to broader sentiment shifts. Key indicators will include shifts in open interest, funding rates, and token pair activity—especially during thinner weekend books. Rotation Based on Value, Not Hype Current sentiment suggests altseason may remain narrow. Funds appear to be flowing into tokens with proven use or structural upgrades. Arbitrage, governance features, and liquidity access will determine if rotation spreads beyond Ethereum. Potential spillover will likely follow tangible developments, rather than headline-driven speculation. If trader and investor interest continues to reflect ETH ETF flows, we may see growing volume in high-utility altcoins during the coming days and into the weekend. For now, ETH inflows remain the clearest driver of momentum. Their influence may spread, but is likely to do so in measured steps tied to adoption, usage, and structural changes across the ecosystem.

Author: CryptoNews