Nest Exchange launches on Hyperliquid with Algebra's V4 engine
**Nest Exchange goes live on Hyperliquid**
Nest Exchange has launched on Hyperliquid, powered by Algebra's DEX engine. The platform features:
- V4 pools with plugins
- Onchain rewards that compound value back to voters
- High APRs for liquidity providers
**10 Algebra DEXes hit DeFiLlama's Top-100**
Algebra-powered exchanges are climbing revenue rankings across multiple chains:
- Blackhole, QuickSwap, THENA leading the pack
- Camelot DEX, Kittenswap, StellaSwap also featured
- Several DEXes underreporting data, suggesting more are performing well
**Cypher ICO reaches 450 ETH cap**
The Cypher ICO closed after hitting its 450 ETH funding target. Token generation event (TGE) scheduled for Dec 16 at 3 PM UTC, with liquidity exclusively on Cypher AMM using Algebra's infrastructure.
**Partnership with Tycho announced**
Algebra teams up with [Tycho](https://docs.propellerheads.xyz/tycho/overview) - an open-source Rust library that helps DEXes capture more volume by connecting to major order-flow engines like CoWSwap solvers and 1inch resolvers.
Single integration makes DEX liquidity visible across billions in weekly routing volume.