SmarDex Reports Significant Liquidations on Ethereum Platform
SmarDex Reports Significant Liquidations on Ethereum Platform
馃敟 3000 wstETH Gone Poof
SmarDex's Ethereum Decentralized Perpetual platform has reached a notable milestone with over 3,000 wstETH (approximately 3,700+ ETH) in total liquidations since its launch.
The platform previously reported $3 million in ETH long positions liquidated, with USDN holders benefiting from yield generation.
- Current liquidation value: 3,000+ wstETH
- Equivalent in ETH: ~3,700+ ETH
- Platform: SMARDEX.io
- Type: Ethereum Decentralized Perpetual
Over 3,000 wstETH (~3,700+ $ETH) have now been liquidated on SMARDEX.io Ethereum Decentralized Perpetual since inception!
Phishing Alert: Fake SMARDEX Rewards Emails Target Twitter Users
A phishing campaign is actively targeting Twitter users through fraudulent SMARDEX rewards emails. Key safety reminders: - Never click suspicious links - Verify official accounts before engaging - Double-check URLs carefully - Be skeptical of too-good-to-be-true offers The attack pattern matches previous phishing attempts from early 2024, suggesting an ongoing campaign targeting crypto users. Exercise extreme caution with any unsolicited reward claims.
SmarDex Launches sUSDN Farming Campaigns with Enzyme Finance
SmarDex introduces sUSDN (seed USDN) tokens ahead of USDN's January launch, partnering with Enzyme Finance. Key features: - Each sUSDN is backed by sUSDe, offering dual yield potential - Trading available on SMARDEX.io/swap at ~$1.12 per token - Two farming campaigns launched: 1. sUSDN/SDEX Liquidity Pool 2. sUSDN Staking Pool *Note*: Users should monitor price impact due to initial limited liquidity. A minor display bug in the staking campaign interface is being addressed, though smart contracts remain unaffected. By early 2025, backing will transition from sUSDe to USDN.
SmarDex Launches Enhanced LONG Module for ETH Perpetual Trading
SmarDex has released an upgraded LONG module for their Decentralized ETH Perpetual trading platform. This follows October's testnet updates which included: - Funding Rate history tracking - Asset price display improvements - Enhanced leverage controls - Wallet token address integration The platform continues to build on its multi-chain DEX infrastructure, focusing on mitigating impermanent loss risks. Visit smardex.io/USDN to explore the new features.
Bug Fixes and Refresh Reminder
**SmarDex Update:** - Several bugs have been fixed as of October 2, 2024 - Users are advised to perform a hard refresh of their browsers This update follows a similar bug fix release on October 15, 2024. The development team continues to improve the platform's performance and user experience. **Action Required:** Please ensure you hard refresh your browser to access the latest version of SmarDex with these bug fixes implemented.
SmarDex Phase II: Discovery Update
SmarDex has launched Phase II: Discovery with several key improvements: - Implemented a router for ETH collateral deposits, reducing transaction count - Deployed an Analytics page at https://smardex.io/usdn/analytics - Enhanced UX/UI and overall stability The team acknowledges some minor status bugs and is actively addressing them. Key features: - ETH collateral router - New Analytics page - Improved user experience - Enhanced stability Users are encouraged to try the updated platform. Stay tuned for further improvements in Phase II.