Monthly insights into the performance of Ethfinex The fourth month of operations finished on 13th June. Following a dramatic crash in both market participation and asset prices across the entire crypto ecosystem, results this period were less encouraging than previous months. Active users (defined as the number of people who made at least one trade …
From 15–29th May we ran the first ever community vote on Ethfinex.
The first vote centred around one of the most fundamental and frequent decisions which cryptocurrency exchanges currently have to make: which new tokens to list.
The third month of full operations finished on 14th May. Following the launch of the Ethfinex referral scheme, active users grew by 56.8% with a total trading volume of 3.3 billion USD throughout the month (up 44%).
Today we’re launching the Ethfinex referral program.
By sharing a unique link with your network, you’ll help grow our community of active traders and, in turn, earn a proportion of NEC.
We’re pleased to finally unveil the first stage of decentralised community governance on Ethfinex.
The second month of full operations completed on 14th April. During a quiet period across the cryptocurrency ecosystem, active users grew by 21.2%with a total trading volume of 2.3 billion USD equivalent across the period.
Ethfinex is excited to announce support for Dai, a decentralised stablecoin designed by the MakerDAO team.
Approaching the end of the second 30-day period, and following the first issuance of NEC to traders on Ethfinex, it has now been possible to collect further information and observe the effects of the market making incentive.
This report marks the first full month of operations for Ethfinex since the launch of the Nectar token.
Nectar entitles holders to claim rewards from fees generated on Ethfinex, maintain a stake in the long-term success and participate in future exchange governance. The ownership will become more decentralised as trading grows, resulting in a hybrid exchange platform owned and run by the community.
