swap

According to The Defiant, SMBC Nikko Securities announced on October 2 that it has signed a memorandum of cooperation to develop a decentralized finance (DeFi) platform called "DeFi Gateway" aimed at Japanese investors.Participants include blockchain development company Nethermind, Uniswap Labs, the general incorporated association Nyx Foundation, and Coinbase Technologies, which operates the Ethereum Layer 2 network Base. The project will develop a liquidity provision protocol and proprietary liquidity pool, complying with Japanese laws and regulations, with plans to complete development by mid-2027.The cooperation mainly focuses on three areas of development: first, creating a "proxy vault" with verifiable and reproducible AI and an intuitive user interface; second, utilizing Uniswap v4's Hooks feature to build a compliant liquidity pool public framework that incorporates anti-money laundering and counter-terrorism financing (AML/CFT) and investor protection mechanisms; third, developing asset management strategies covering digital assets such as stablecoins and real-world assets (RWA).The project is jointly led by SMBC Nikko Securities and Nethermind. SMBC Nikko Securities leads communication with regulatory agencies and provides compliance, risk modeling, and portfolio management expertise; Nethermind is responsible for technical design and development, including AI strategy and integration, smart contract security, as well as automated market making and Uniswap v4 Hooks strategies.

According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has submitted two rules for review to the Office of Management and Budget (OMB). One rule aims to include event contracts within the regulatory definition of swaps, while the other is a "temporary final rule" that seeks to exclude "casino-style gambling products" from the scope of swaps.These two rules were received by the OMB this week, with the document dated September 28. OMB review is typically the last step before rules are submitted for public comment, and the temporary final rule will take effect immediately while allowing for subsequent public input and revisions.This move comes as the CFTC engages in a tug-of-war with multiple states over the nature of prediction markets. Event contracts are typically binary yes-or-no bets on measurable outcomes such as sports events and elections. Last week, the U.S. Sixth Circuit Court of Appeals ruled that Kalshi's sports contracts do not fall under swaps and should be governed by state gambling regulations, while the Eighth Circuit Court of Appeals made a similar ruling; however, the Third Circuit Court of Appeals previously determined that the CFTC has jurisdiction over prediction markets, creating a legal divergence at the federal level. CFTC Chairman Mike Selig believes that the CFTC has exclusive jurisdiction over prediction markets.If event contracts are classified as swaps and not as gambling products, it could weaken the positions of various states in multiple lawsuits against prediction market platforms like Kalshi. The CFTC is legally required to consist of five commissioners, but President Trump has yet to nominate additional commissioners, leaving Selig as the sole commissioner, who is unilaterally advancing regulatory and policy decisions. Additionally, information disclosed by the OMB indicates that the CFTC recently submitted a "pre-rule" focusing on cryptocurrency regulation to the White House.

DYORSWAP update on compensation progress, all affected addresses have been reviewed.Addresses with cross-chain amounts below 5 ETH will be uniformly compensated at 40% of the cross-chain amount, regardless of whether the funds were used for trading; addresses with cross-chain amounts exceeding 5 ETH will be reviewed separately, some of which may involve phishing or fraudulent cross-chain activities. If you believe you are a legitimate affected user, please contact the official team directly for verification.The official team emphasizes that they will never ask users to send funds, sign suspicious transactions, or pay any fees to receive compensation. Further details will be continuously announced.

DyorSwap officially announced that the so-called "GIWA Mainnet" identified by the team earlier is actually a fake chain set up by scammers. This fake network used the correct GIWA chain ID (9134), making it appear legitimate during the initial verification phase. The team also identified several suspicious messages and individuals within the related community that may be connected to this incident. The announcement stated that significant losses have occurred due to this fraudulent cross-chain bridge.DyorSwap stated that it is taking three immediate actions: first, contacting a professional security team to conduct further on-chain tracking and investigate the involved addresses, transactions, and fund flows; second, preserving all relevant evidence, including chat records, RPC information, cross-chain bridge addresses, and on-chain transactions; third, preparing to use treasury funds to compensate affected users, with eligibility criteria, loss verification processes, compensation scope, and detailed plans to be announced after the investigation and verification processes are completed.DyorSwap emphasized that until further notice, users should not use any unofficial GIWA mainnet RPCs, cross-chain bridges, or contracts, and should not send funds to any related addresses. The official team deeply apologizes to every affected user in this incident and states that subsequent updates will be released as soon as possible.

DyorSwap officially announced that the so-called "GIWA mainnet" previously identified by the team is actually a fake chain set up by scammers. This fake network used the correct GIWA chain ID (9134), making it appear legitimate during the initial verification phase. The team also identified several suspicious messages and individuals within the related community that may be connected to this incident. The announcement stated that significant losses have occurred due to this fraudulent cross-chain bridge.DyorSwap stated that it is taking three immediate actions: first, contacting a professional security team to conduct further on-chain tracking and investigate the involved addresses, transactions, and fund flows; second, preserving all relevant evidence, including chat records, RPC information, cross-chain bridge addresses, and on-chain transactions; third, preparing to use treasury funds to compensate affected users, with eligibility criteria, loss verification processes, compensation scope, and detailed plans to be announced after the investigation and verification processes are completed.DyorSwap emphasized that until further notice, users should not use any unofficial GIWA mainnet RPCs, cross-chain bridges, or contracts, and should not send funds to any related addresses. The official team deeply apologizes to every affected user in this incident and states that subsequent updates will be released as soon as possible.

In the past 30 days, the trading volume of tokenized stocks on DEX reached 20.9 billion dollars. Among them, Uniswap V4 ranked first with a market share of 40.7%, followed closely by Uniswap V3 with a market share of 19.4%; together, they accounted for a market share of 60.1%, corresponding to a trading volume of approximately 12.6 billion dollars.

ARK analyst Lorenzo Valente stated that Uniswap completed approximately 140 million transactions in August this year, surpassing the total number of transactions on both the Cboe BZX and NYSE American trading platforms. NYSE American, a subsidiary of the New York Stock Exchange, has been operating since 1908, while Uniswap was launched in 2018; five years ago, Uniswap's monthly transaction volume was only about 2 million transactions.Valente noted that in terms of transaction volume, the next target for Uniswap to catch up with is NYSE Arca, which completed approximately 232 million transactions in August.

Token Terminal data shows that Uniswap has accounted for over 99% of the Robinhood stock token DeFi deposits on the Robinhood Chain, with Uniswap v4 at approximately $53 million, v3 at about $25 million, and v2 at around $173,700.The total related deposits have increased by 532.8% over the past 30 days.

According to official news, the Chicago Mercantile Exchange will launch BCH (Bitcoin Cash) and Uniswap futures to expand its cryptocurrency derivatives portfolio.Market participants can choose the contract size for trading based on demand: BCH futures (250 BCH) and micro Bitcoin Cash futures (25 BCH); UNI futures (10,000 UNI) and micro Uniswap futures (1,000 UNI).

Uniswap team member Niko posted that after Robinhood Chain's recent large-scale innovations drove the market up, other chains have begun to replicate its ecological projects. Some KOLs and venture capital institutions continue to claim that Robinhood Chain is in decline and are guiding users towards similar projects on other chains.Robinhood Chain's current daily trading volume still exceeds 1 billion dollars, and the trading scale of stock tokens is also growing.

According to on-chain analyst Ai Yi's monitoring, a certain entity previously exchanged UBTC for ETH and then bought 6,214.58 ETH. Since September 18, this entity has accumulated a position exceeding 38.61 million dollars.In the past 11 hours, this entity has purchased ETH worth 16.03 million dollars on-chain through 5 addresses along the same path, with an average purchase price of 2,580 dollars; currently, it has accumulated 15,272.77 ETH, with an average cost of approximately 2,528.24 dollars, resulting in an unrealized profit of 2.115 million dollars.

Uniswap founder Hayden Adams stated on the X platform that the original domain holder of Uniswap.com had asked for a seven-figure sum, but the team refused to pay. SBF subsequently purchased the domain for a seven-figure amount and pointed it to a fork project. Due to the malicious use of the domain, the legal team ultimately acquired the domain for free.

Binance Wallet announced on X the launch of the Pre-Access event, which is hosted by PancakeSwap, allowing users to participate through Binance Wallet.The event aims to provide users with indirect exposure before the potential listing of popular companies, with the first project to be announced soon.

According to Cointelegraph, Uniswap leads in the total value locked in decentralized finance in the tokenized stock sector, with a combined increase of $82.8 million in V4 and V3.

According to on-chain detective Specter monitoring, the attackers of this activity provided so-called arbitrage bot tutorials and code through YouTube videos, guiding victims to compile and deploy contracts using a counterfeit Remix development interface.The attackers registered an ENS name containing "Uniswap," disguising the related address as a legitimate source of income for DeFi activities, leading victims to mistakenly believe that the deployed arbitrage bot was profiting through Uniswap. After victims injected their own assets into the contract, the funds were transferred away by the attackers. The attackers currently seem to still be active and hold a significant portion of the stolen funds across two addresses.

According to a report by the Korean News Agency, the stock exchange transaction between Upbit's parent company Dunamu and NAVER Pay, a subsidiary of South Korean internet giant NAVER, may have uncertainties. Data disclosed by the Legislative Investigation Office of the Korean National Assembly indicates that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, necessitating an adjustment of the governance structure. The Korean Fair Trade Act stipulates that a holding company's shareholding ratio in listed subsidiaries must not be less than 30%, and for non-listed subsidiaries, it must not be less than 50%; for venture capital holding companies, it is 20%. Additionally, the second phase of discussions on South Korean virtual asset legislation also involves setting a shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.

Uniswap founder Hayden Adams retweeted a comment letter from U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce supporting autonomous decentralized systems, pointing out that the most favorable news for automated market makers (AMM) today is Hester Peirce's view that truly decentralized systems driven by autonomous software do not need to obtain exemptions, which corresponds to the permissionless nature of Uniswap.Adams stated that the SEC's innovative exemption applies to permissioned liquidity pools on Uniswap v4, providing a pathway for assets and users with relevant compliance needs to conduct transactions in the U.S., which is expected to promote the adoption of AMM. Uniswap will submit a comment letter with suggestions for improvements.

According to the Slow Mist security team, the BonfireSwap router contract suffered a loss of approximately $50,000 due to a lack of access control in the transfer function. This function did not verify whether the caller was the from address, nor did it check the caller's authorization for the assets of the from address. As a result, attackers could set users who had pre-authorized the router as the from address and themselves as the to address, thereby stealing the victim's TOKEN and exchanging it through the same token pool.Slow Mist stated that a total of 41 TOKEN holders who had authorized the router were affected; the vulnerable contract address is 0x17e801e17cefc6334059189c178d4783830e03d3.

According to a report by Yonhap News Agency, the stock swap transaction between Upbit's parent company Dunamu and a subsidiary of South Korean internet giant NAVER may have uncertainties. Data disclosed by the Legislative Investigation Office of the National Assembly of Korea shows that the related transaction may simultaneously face the minimum shareholding ratio for subsidiaries stipulated by the Fair Trade Act, as well as the maximum shareholding ratio limit for major shareholders of virtual asset exchanges.Currently, NAVER Pay does not seem to belong to a holding company, but if it becomes a holding company in the future and includes the exchange as a subsidiary, there may be a situation where two conflicting shareholding standards apply simultaneously, thus requiring adjustments to the governance structure. The Fair Trade Act of Korea stipulates that a holding company must hold at least 30% of the shares in listed subsidiaries and at least 50% in non-listed subsidiaries; for venture capital holding companies, the requirement is 20%. The second phase of discussions on South Korean virtual asset legislation also involves the maximum shareholding limit for major shareholders of exchanges to reduce the concentration of control and the risk of conflicts of interest among specific shareholders.

In response to the rumors of the "death" of Robinhood Chain in the community, Uniswap founder Hayden Adams stated that it is quite ridiculous to claim that Robinhood Chain "has died" based solely on the fee income chart. In fact, Robinhood has only raised the gas limit and lowered user fees to expand on-chain capacity and meet the huge demand for block space. Approximately 95% of the DEX trading volume on Robinhood Chain comes from Uniswap, and its overall performance is currently good.Dragonfly managing partner Haseeb also previously stated that after Robinhood Chain reduced fees, on-chain revenue significantly decreased, but DEX trading volume remains strong, currently second only to Solana. This strategy is clearly intentional; Robinhood values attracting RWA and on-chain financial activities through low fees and higher capacity rather than optimizing short-term orderer revenue.