According to Paradex Network, the platform has officially launched its new decentralized exchange (DEX), providing traders with advanced tools for swapping and liquidity provision directly on-chain (source: Paradex Network Twitter, May 28, 2025). The launch is expected to enhance trading efficiency and security, allowing crypto investors to access a broader range of tokens with reduced counterparty risk. Market participants should monitor Paradex’s trading volumes and liquidity metrics, as this DEX could influence short-term price action and trading opportunities across multiple altcoins.

According to Skew Δ (@52kskew), Orderly is enabling users to launch decentralized exchanges (DEXs) with no coding required, opening up new trading opportunities for a wider audience and lowering entry barriers for DEX deployment (source: https://twitter.com/52kskew/status/1916369366066647358). For traders, the no-code framework offers fast onboarding and the flexibility to list trending crypto pairs such as BTC/USDT, ETH/USDT, and SOL/USDT, which are essential for liquidity and volume. This development could lead to increased market competition and expanded trading options, making it important for traders to monitor newly launched DEXs for emerging high-volume pairs and liquidity shifts.