The decentralized exchange Uniswap has introduced a new feature for the 4th version of its protocol. It's called the Time-Weighted Average Market Maker (TWAMM) and is designed to minimize the impact of the swap order size on its execution price.
Over the past seven months, Binance's market share in the cryptocurrency spot market has dwindled from 55.2% to 34.3%, and in the derivatives market, it has dropped to 51.5%.
The company cites its inability to comply with regulatory requirements as the reason behind this move, but it also states its intention to return to the Dutch market once it has aligned its business with the new MiCA regulations.