CoW Swap
Coverage of CoW Swap in the Nexus archive.
- Cow Swap Now Supports Cross-chain Swap From EVM To Solana
Cow Swap has launched cross-chain swap functionality allowing users to swap tokens directly from EVM chains to Solana. The feature is now live on their platform at swap.cow.fi, expanding their trading capabilities across multiple blockchain ecosystems.
- Why is BTC still so isolated from DeFi compared to ETH?
Bitcoin's isolation from DeFi is largely due to historical difficulties in moving BTC on-chain, but new intent-based execution models may change this. Currently, only about 0.8% of BTC is used in DeFi. Centralized exchanges still dominate BTC liquidity, but intent-based protocols may eventually compete.
- almost 1b wiped out of the market only in hacks is actually insane
April 2024 was the worst month for crypto hacks, with over $600 million lost in incidents including major breaches at KelpDAO ($293M) and Drift ($285M). Additional hacks at platforms like Rhea Lend, Grinex, and smaller protocols like CoW Swap and Hyperbridge contributed to cumulative losses, highlighting systemic vulnerabilities in the crypto ecosystem.
- almost 1b wiped out only in hacks is actually insane
April was the worst month for crypto hacks in a long time, with over $1 billion lost across multiple incidents. Major breaches included KelpDAO ($293M) and Drift ($285M), followed by smaller but significant attacks on platforms like Rhea Lend, Grinex, and others including CoW Swap, Hyperbridge, and Bybit.
- This April We Saw $805 Million Lost in DeFi Hacks
In April, $805 million was lost through DeFi hacks targeting platforms like Kelp Dao, Drift Protocol, and Grinex. Attacks involved methods such as social engineering and domain hijacking, with North Korea-backed Lazarus Group suspected as the primary threat actor.
- Recent DeFi Exploits Highlight Ongoing Security Risks (~$800M Reported)
Recent DeFi exploits have resulted in over $800M in reported losses, with multiple protocols including Kelp DAO, Drift, and Wasabi affected. Key vulnerabilities highlighted include compromised deployer keys and smart contract flaws, underscoring ongoing security challenges in the DeFi ecosystem.
- I tracked how much MEV I lost over 6 months of trading on DEXs. the number was disgusting.
The author analyzed MEV losses from 6 months of DEX trading, revealing significant hidden costs from sandwich attacks and front-running, particularly on small trades. They conclude that MEV extraction is pervasive in AMMs, with no perfect solution yet, and highlight the 'invisible tax' effect on traders.