What is the WEEX Exchange?

The platform stands out with over 1,700 trading pairs and up to 400x leverage for futures trading. WEEX’s motto, “Trade with Precision. Succeed with WEEX,” reflects its commitment to high performance and reliability for users.

WEEX provides a 1,000 BTC protection fund to safeguard users’ assets against potential security breaches. Additionally, the platform demonstrates industry-leading performance with a capacity of 450,000 transactions per second. With an average daily trading volume of $8.71 billion, it ensures high liquidity. WEEX reinforces its reliability by holding regulatory licenses worldwide. As of 2025, WEEX targets reaching 10 million users globally and achieving a daily trading volume of $10 billion. Currently, with over 600 employees, WEEX continues to expand, focusing on a user-centric approach to make a difference in cryptocurrency trading.,

WEEX’s services include spot trading, futures trading, P2P (peer-to-peer) trading, quick buy/sell, and copy trading. This variety caters to investors of different experience levels. The platform’s technical team continuously works to ensure transaction security and efficiency. Under CEO Peter’s leadership, WEEX’s global strategy and operations are shaped to maximize user experience.

WEEX not only offers a trading platform but also promises a secure, fast, and easy trading experience. With regulatory compliance, high liquidity, and innovative features, WEEX has established itself as a standout exchange in the cryptocurrency world.

How to Use WEEX Exchange?

To start trading on the WEEX exchange, you can use the platform effectively and professionally by following the steps below. WEEX’s user-friendly interface makes it easy for both beginners and experienced investors. Here’s a step-by-step guide to using the WEEX exchange:

Registration and Account Creation

To trade on WEEX, you first need to create an account. The registration process is quite simple and can be completed in just a few minutes.

Click here to benefit from commission discounts and special offers.

After completing registration, it is recommended to enable security measures like two-factor authentication (2FA) to secure your account. This enhances your account’s safety and protects against potential threats.

Depositing Funds (Deposit)

After creating your account, you need to deposit funds to start trading. WEEX supports deposits with various cryptocurrencies. Here are the steps for making a deposit:

Step 1: Cryptocurrency Selection Click on the “Deposit” tab on the WEEX platform. You will see popular cryptocurrencies like Bitcoin (BTC), Tether (USDT), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH). Select the cryptocurrency you want to use for trading.

Step 2: Network Selection You need to select the appropriate network (network) for your chosen cryptocurrency. For example, for USDT, there are different networks like TRC20, ERC20, or BEP20. Make sure to choose the correct network, as selecting the wrong one can lead to fund loss.

Step 3: Deposit Details For the selected cryptocurrency and network, a wallet address will be provided. You can transfer cryptocurrency from an external wallet or another exchange to your WEEX account using this address. The transfer time depends on the selected network’s speed, ranging from a few minutes to several hours.

Once the deposit is complete, your balance will appear in your WEEX account. You’re now ready for spot or futures trading!

Spot Trading

Spot trading allows you to buy and sell cryptocurrencies instantly. WEEX’s spot trading interface offers a fast and easy experience with its user-friendly design. To make a spot trade, follow these steps:

Pair Selection: Click on the “Spot” tab from the menu. From the list of trading pairs on the left, select your desired pair (e.g., BTC/USDT, ETH/USDT).

Buy/Sell Panel: Scroll down the page, and you’ll see the buy and sell buttons. Here, you can specify the order type (market, limit, stop-limit, etc.) and the trade amount.

Order Types:

Market Order: Executes buy or sell at the current market price.

Limit Order: Executes the trade at your specified price or better.

Execute the Trade: After making the necessary adjustments, click the “Buy” or “Sell” button to complete your trade.

Spot trading is ideal for low-risk, long-term investments. WEEX’s high liquidity ensures your trades are executed quickly and smoothly.

Futures Trading

Futures trading is suitable for investors seeking higher profit potential with leverage. WEEX offers up to 400x leverage for futures trading. To trade futures, follow these steps:

Switch to Futures Tab: Click on the “Futures” tab from the menu.

Margin Mode and Leverage Settings: In the right panel, you can set the margin mode (cross or isolated) and leverage level. Cross mode uses your entire account balance, while isolated mode risks only the selected amount.

Order Types: Choose from limit, market, or stop-limit order types. Also, specify the position size and other parameters.

Open Position: Click “Open Long” (long position) or “Open Short” (short position) to start your trade.

Futures trading involves high risk, so it’s important to develop risk management strategies and analyze the market thoroughly before trading.

Other Features

In addition to spot and futures trading, WEEX offers innovative features like P2P trading, quick buy/sell, and copy trading:

P2P Trading: Allows direct cryptocurrency exchanges between users.

Quick Buy: You can quickly purchase cryptocurrency using a credit card or other payment methods.

Copy Trading: You can automatically trade by copying the trades of experienced investors.

Official Links

• Website
• X (Twitter)

What is WEEX Token (WXT)?

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Uniswap’s $3 Trillion Triumph 

Founded in 2018, Uniswap is a leader in the DEX market. It reached $1 trillion in trading volume in May 2022 and $2 trillion in April 2024. The growth rate shows that the volume doubles roughly every two years. Additionally, the surge in crypto trading in November 2024 accelerated Uniswap’s growth. 

Hayden Adams, the founder and CEO of Uniswap, celebrated this success on X. Despite challenges like liquidity and speed, DEXs are now achieving real volumes. The platform holds approximately 25% of the DeFi market. As a result, decentralized exchanges are gaining increasing trust. 

Uniswap is the first DEX to $3T volume

Bet its the first to 10

Grateful to everyone who swapped along the way as we decentralize the global finance system pic.twitter.com/945Ab0Jpsl

— Hayden Adams (@haydenzadams) May 12, 2025

The platform’s journey has been fraught with obstacles. Daily volumes fell to half of their 2021 peak. Additionally, regulatory risks, such as U.S. SEC investigations, challenged the platform. The UNI token dropped 80% from its 2021 peak of $45. However, a $165.5 million funding round in 2025 revitalized the token price. 

Compared to centralized exchanges (CEXs), DEXs still lag behind. CEXs like Binance have surpassed $100 trillion in volume. Nevertheless, Uniswap proves that DeFi is maturing. Trust in decentralized platforms is growing. Platform success offers hope for the industry’s future. 

The crypto market’s rise may continue to support Uniswap’s growth. As DeFi’s popularity increases, DEXs are attracting more users. With its innovative structure, Uniswap appears poised to maintain its leadership. 

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Click here to register on the Binance exchange with a 20% commission discount!

How the Alpha Points System Works

The Binance Alpha system updates daily scores based on two main criteria: total assets held on Binance CEX and activity in Binance Wallet, plus Alpha token purchases. Only buy-side transactions count toward point accrual—sell orders are excluded.

Balance Points

Users earn daily points according to their total asset balance (UTC time zone):

• $100 – < $1,000: 1 point/day
• $1,000 – < $10,000: 2 points/day
• $10,000 – < $100,000: 3 points/day
• $100,000+: 4 points/day

Volume Points

Additional points are awarded for Alpha token purchase volume:

• $2 → 1 point
• $4 → 2 points
• $8 → 3 points
• $16 → 4 points
• $32 → 5 points

For every doubling of volume beyond $32, users gain +1 extra point (e.g. $64 = 6 points).

Points as Keys for TGE and Airdrops

Accumulated Alpha Points will determine eligibility for future Token Generation Events (TGE) and airdrops. Users can monitor their point totals in the “Information” section of the Binance app.

Following the announcement, trading volume on Binance surged by 15% within the first hour. BNB climbed 2% to $600, and pairs like BNB/USDT and ETH/BTC saw notable volume increases.

The new system also drove activity on Binance Smart Chain: active wallets rose 10%, and transactions hit 500,000 per hour. These metrics underscore the strong impact of Alpha Points on user behavior and market dynamics.

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Liquidation Process Bypassed Using HLP Vault

When the price of JELLY surged by 400%, the large short position held by the whale was not immediately liquidated. Instead, it was absorbed into the Hyperliquidity Provider Vault (HLP), a mechanism designed to process large-scale liquidations. Despite efforts to contain the exploit, the attacker still held 10% of JELLY’s total supply, worth nearly $2 million as of March 27.

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Following the incident, Hyperliquid delisted JELLY, citing “suspicious market activity.” This move sparked criticism from the community, with some users questioning the platform’s decentralization. According to Bitget Research analyst Ryan Lee, Hyperliquid’s actions may damage trust in DEXs if interventions appear overly centralized.

DEX Growth Threatens CEX Dominance

Despite the exploit, decentralized exchanges (DEXs) like Hyperliquid are increasingly challenging centralized platforms (CEXs). CoinGecko co-founder Bobby Ong pointed out that some in the industry believe major CEXs are feeling threatened and may be fighting back to protect their market share.

“It’s clear that CEXes are feeling threatened by DEXes, and are not going to see their market share erode without putting on a fight,” Ong said in an April 3 post on X (formerly Twitter).

Hyperliquid Climbs the Ranks

According to CoinGecko data, Hyperliquid is now the eighth-largest perpetual futures exchange by volume, outperforming platforms like HTX, Kraken, and BitMEX. In terms of open interest, Hyperliquid ranks 12th globally, with over $3 billion in 24-hour open interest—though still behind Binance’s $19.5 billion.

While DEXs offer transparency and non-custodial trading, incidents like this highlight the ongoing security and trust challenges facing emerging decentralized finance platforms. How protocols like Hyperliquid respond will be crucial in shaping investor confidence going forward.

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$4M Loss After High-Leverage Trade on Hyperliquid

Bybit CEO Ben Zhou discussed the $4 million loss experienced by decentralized exchange (DEX) Hyperliquid due to a high-leverage trade by an Ether whale, noting that centralized exchanges (CEX) face similar challenges.

On March 12, a crypto investor lost $4 million while making $1.8 million profit on Hyperliquidity Pool (HLP). The high-leverage trade took place on the Hyperliquid DEX.

The investor used 50x leverage to convert $10 million into a $270 million long position in Ether. However, they couldn’t exit the position and withdrew collateral, causing Hyperliquid to absorb the losses without triggering a price drop.

Smart contract audit firm Three Sigma described the trade as a “ruthless game of liquidity mechanics” and confirmed there was no bug or exploit. Hyperliquid also stated there was no protocol vulnerability or hack.

Following the incident, Hyperliquid reduced the Bitcoin leverage limit to 40x and Ethereum leverage limit to 25x. These changes increase collateral requirements for large positions on the DEX. Hyperliquid stated, “This will provide a better buffer to support the liquidation of large positions.”

Bybit CEO Zhou: Leverage Reduction Effective but Challenging for Business

In a post on X, Bybit CEO Zhou stated that centralized exchanges face the same challenges. He mentioned that liquidation engines are triggered when whale positions are liquidated. Reducing leverage might be an effective solution, but it could be detrimental to business as users demand higher leverage:

“I see that HP has already reduced leverage; this is a viable and likely the most effective path, but it could hurt business since users want higher leverage.”

Zhou Proposes Dynamic Risk Limits and Monitoring Measures for DEXs

Zhou proposed a dynamic risk limit mechanism that reduces the overall leverage amount as positions grow. He acknowledged that whale positions could be reduced to a 1.5x leverage ratio on centralized platforms, but users may still bypass this by using multiple accounts.

Zhou also emphasized that decentralized exchanges are still susceptible to “manipulation,” urging DEXs to implement monitoring and surveillance measures to detect “market manipulators” just like centralized exchanges.

After the Ether whale liquidation and the losses at HLP Vault, the protocol experienced a significant asset outflow. According to Dune Analytics, Hyperliquid faced a $166 million net outflow on the same day the transaction took place, March 12.

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BingX Listing Fuels Social Media Buzz

Gummy’s debut listing on a centralized exchange (CEX), BingX, took place on Monday. This move sparked significant interest on social media, with BingX’s listing announcement tweet garnering over 900 likes so far.

Airdrop Campaign Adds to the Hype

Further fueling Gummy’s momentum is its ongoing airdrop campaign. A generous 30% of the total Gummy supply is allocated for this giveaway, incentivizing user participation and potentially boosting its user base.

Tokenomics Breakdown:

Airdrop: 30%

Exchange Liquidity: 10%

Marketing: 20%

Burn: 40%

The planned burning of 40% of the total supply suggests a deflationary model, potentially increasing the value of remaining tokens over time.

Gummy Price Chart

Influencer Attention and Price Performance

Gummy has caught the eye of prominent crypto influencers, with the Crypto Banter X account acknowledging its impressive market performance. This endorsement from a respected source can further amplify Gummy’s reach and attract new investors.

As of today, Gummy is priced at $0.18, reflecting a significant 55% increase since CoinMarketCap started tracking its data on Monday. This price surge is accompanied by a growing market cap of $178 million and a substantial 24-hour trading volume of $74 million.

About Gummy

Gummy positions itself as a lighthearted meme coin, represented by a 420 weed gummy bear. In a crypto landscape often characterized by seriousness, Gummy aims to inject a dose of fun and remind users to enjoy the ride. Their message? Sometimes, significant returns can come from a more relaxed approach.

Will Gummy’s momentum continue? Only time will tell. However, its recent listing, airdrop campaign, and growing community suggest it’s a meme coin worth keeping an eye on.

The post Gummy: New Solana Meme Coin appeared first on Coin Engineer.

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The most notable transfer was the 443,961 ETH transfer to Celsius’s own network-controlled wallet, which was worth $984 million at the time of the transfer. Blockchain intelligence firm Arkham said that this large amount of ETH was moved to Coinbase and Paxos wallets in 13 transactions within an hour. According to Spotonchain, most of the 297,454 ETH sent to Coinbase was likely distributed to 12 new wallets as part of an OTC deal.

443,961 #ETH (982,202,866 USD) transferred from #Celsius to unknown wallethttps://t.co/39EY8uFFqa

— Whale Alert (@whale_alert) January 25, 2024

Just two days earlier, The company had similarly transferred 575,081 ETH using the addresses Celsius Network: Staked ETH and Celsius Network: Eth2 Depositor. Celsius Network has transferred a total of 757,626 ETH to FalconX, Coinbase, OKX, and Paxos since November 13, 2023. However, Celsius currently holds 62,469 ETH, which is worth $138.8 million at current prices.

The reason for these recent Ether transactions is not entirely clear, but according to Celsius’ updated asset distribution FAQ on January 12, a limited number of institutional accounts will be able to receive crypto through Coinbase. Creditors’ payments will be made through PayPal for US residents and through Coinbase for non-US residents.

The Celsius NewCo Community

The Celsius NewCo Community, a community group, stated that the distribution of liquid crypto will begin in mid-February and will continue for a year. Additionally, a Celsius user shared that they were able to officially withdraw all of their ETH from Celsius, but their funds were in the custody account, not the Earn account.

Celsius is aiming for an Effective Date of January 31st.

We expect the distribution of liquid crypto to Earn Creditors to start in mid-February.

The distribution window will be open for one year. pic.twitter.com/TznON0ddBV

— Ionic Digital Community (ex-Celsius) (@IonicDigitalX) January 25, 2024

Celsius had stated that it was moving its assets to “provide broad liquidity” and is currently planning to unstake its existing Ether assets to make timely payments to creditors. The company, through its bankruptcy administrators, has said that account holders who made withdrawals of over $100,000 before the date of the bankruptcy filing on July 13, 2022, may be eligible for repayment of that amount by January 31, 2024.

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One of Xai’s key features is that it is built on an open and decentralized network. This allows anyone to participate in node operation, earn network rewards, and participate in governance processes. Through its decentralized structure, it enables direct value transfer between users and allows them to safely exchange in-game assets.

Xai was developed using Arbitrum technology by Offchain Labs. Arbitrum is an Ethereum-based solution designed to increase scalability and transaction speed. This means that Xai can provide its users with fast and low-cost transactions, making it easier to interact in in-game economies.

This platform offers traditional gamers the opportunity to benefit from the potential advantages of in-game economies without requiring them to integrate with the crypto world. It both expands the possibilities of open trading and provides users with more control and security through its decentralized structure.

Xai Blockchain

Developed by Offchain Labs and overseen by the Xai Foundation, Xai Blockchain is purpose-built to meet the needs of web3 gaming at scale. Designed with gaming in mind, the blockchain offers traditional gamers a simplified wallet and account experience, while providing developers with increased gas and contract limits.

It supports an environment of trust and transparency for all participants by creating a fully decentralized ecosystem. By leveraging Ethereum’s robust security measures, Xai Blockchain ensures its resilience against potential hacks and other security vulnerabilities.

Xai Token

The Xai token will be used for dual purposes on the Xai blockchain. First, it will serve as a designated gas token to facilitate transactions within the network. Additionally, Xai tokens will be awarded to validator nodes that play a role in verifying transactions. In addition, the Xai token will function as the primary token within the gaming ecosystem and will be accepted in games and in-game payments.

Roadmap

Phase 2 will focus on the Token Generation Event (TGE), the launch of the Mainnet, the upgrade of nodes for staking and redemptions, and the distribution of primitives to the chain.

TGE – January

The XAI Token Generation Event (TGE) will coincide with the token listing on a Centralized Exchange (CEX) or Decentralized Exchange (DEX). This date is tentative as it is dependent on a third-party exchange for listing.

Mainnet Launch – January

Following the TGE, the mainnet will open and lay the groundwork for XAI Redemptions, esXAI staking, and the release of the network’s first game, Final Form.

XAI Use Cases – January

After the TGE, esXAI will be convertible to fully-transferable XAI, allowing owners to use their assets.

Staking – January

After the TGE, staking will be possible for esXAI, allowing owners to stake their tokens for various benefits.

DEX Partner – February

One of the largest DEX projects in the industry will go live on Xai, providing network participants with a productive environment for liquidity growth.

Infrastructure Partner – February

An industry-leading partner will deploy fully isolated wallets, on-ramps/off-ramps, and various foundational utilities to Xai. This bridge partner, combining Arb One’s leading liquidity with Xai’s industry-leading transaction speeds, will develop and implement a groundbreaking solution that supports potentially billions of gamers worldwide.

Marketplace Partner – March

Trade, swap, or hold in-game items, NFTs, and collectibles on one of the best marketplaces in the industry.

Token Tokenomics

The Xai network and ecosystem leverage XAI and esXAI (escrowed XAI) to bring balance and integrity to the ecosystem.

• Ecosystem: 7.5%
• Team: 20.0%
• For Node Setup and Community: 50.1%
• Investors: 22.4%

Initial Allocation

• Team: 20% of the total supply was allocated to the core team and early contributors. This will unlock over a 6-month period starting from the TGE. The allocation will unlock over a 36-month period. Total 42 months.
• Investors: 22.41% of the total supply was purchased by investors in the first rounds. This will unlock over a 6-month period starting from the TGE. The allocation will unlock over a 24-month period. Total 30 months.
• Ecosystem: 2% of the total supply was allocated to market makers. This allocation will be unlocked immediately at the TGE. 5.5% of the total supply was allocated to the ecosystem. This allocation will unlock over a 6-month period starting from the TGE and will be unlocked over a 36-month period. Total 42 months.

Benefit and Purpose of the XAI Token

• XAI is the registration token of the Xai blockchain. Its benefits are aligned with traditional token benefits on popular L1s and L2s, and XAI is fully transferable.
• It is the gas fee token on the Xai L3.
• It can be used for esXAI.

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Linea Ecosystem

Linea Ecosystem gives many opportunities for platform users. There are lots of dApps platforms such as Bridge, DeFi, Launchpad, CEX and more. Some of them are as below:

DeFi: Many DeFi examples are current in the ecosystem. PancakeSwap is a decentralized exchange (DEX) that is built on BNB Chain. Users can make plenty of operations such as swap, farms and pools. Besides, there is Sushiswap and it looks like PancakeSwap.

Bridge: Orbiter Finance is a Layer-2 bridge platform and it targets low fees and fast transactions on Ethereum. In addition, LI.FI is a cross-chain bridge platform to swap between 2 coins. While doing this, it combines bridges and connects to DEX aggregators. There is also a well-known Stargate bridge liquidity platform on LayerZero. It provides safety and reliability for users while assets move.

NFTs: An important thing to mention is that NFTs2Me platform helps users to create and manage their NFTs.  Another one is Omnisea, a permissionless ONFT Drop Launchpad. Users can create NFT collections quickly on the platform.

Launchpad: PitchTalk is a useful platform because it makes to cooperate investors with communities on any projects. Furthermore, it is helpful for communication. Also, Kommunitas that is another platform works for web 3.0 projects in the ecosystem.

Wallet: Bitget, OKX, Desig Labs, Fluvi, Nabox, MetaMask, and Patch are wallets in the ecosystem.

Gaming: After Linea Mainnet’ s release, the games will become more common and improved. There are interesting games such as Tatarot and PokerDao between them.

CEX: Gate.io, one of the biggest exchanges in the world, makes users to trade easily. Furthermore, users can join presales on it. Also, other exchanges (Bitget, OKX) where users could make futures trading are between the biggest exchanges.

If you will trade on the exchanges Register with 20% discount.

Linea Mainnet Alpha’s announced to Launch.

According to a tweet which is posted by Linea’s official Twitter account on July 11, Linea Mainnet’s announced. After that, Linea Mainnet was active in MetaMask wallet.

We’re thrilled to share that we’ve started to roll out the Linea mainnet alpha release.

This week we will begin onboarding launch partners before opening up the network to users @ETHCChttps://t.co/o9emtGWwqw

— Linea (@LineaBuild) July 11, 2023

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