- WhaleTales
- Posts
- 💥$613B: DEX Oct Record Explodes
💥$613B: DEX Oct Record Explodes
Plus: Ledger Drops Nano Gen5 🤖
Deep Dive Into Crypto Biggest News
In partnership with
Welcome back, folks! 🌞
Breaking: October failed to impress Bitcoin enthusiasts. The good news? DEX trading volume soared to new heights last month, recording $613.3 billion. Details inside. 👇
Spotlight: Ledger launches its next-gen crypto app, the Ledger Nano™ Gen5 signer.
Headlines:
DEX Trading Records $613.3 billion.
Ledger Unveils Nano™ Gen5 signer.
Grayscale Debuts Solana Staking ETF
Hong Kong Broadens Crypto Access
Romanian Regulator Blacklists Polymarket
Be the first to know the latest updates in crypto. Join for free. 📩
$1K Could’ve Made $2.5M
In 1999, $1K in Nvidia’s IPO would be worth $2.5M today. Now another early-stage AI tech startup is breaking through—and it’s still early.
RAD Intel’s award-winning AI platform helps Fortune 1000 brands predict ad performance before they spend.
The company’s valuation has surged 4900% in four years* with over $50M raised.
Already trusted by a who’s-who roster of Fortune 1000 brands and leading global agencies. Recurring seven-figure partnerships in place and their Nasdaq ticker is reserved: $RADI.
Now open at $0.81/share, allocations limited – price moves on 11/20.
This is a paid advertisement for RAD Intel made pursuant to Regulation A+ offering and involves risk, including the possible loss of principal. The valuation is set by the Company and there is currently no public market for the Company's Common Stock. Nasdaq ticker “RADI” has been reserved by RAD Intel and any potential listing is subject to future regulatory approval and market conditions. Investor references reflect factual individual or institutional participation and do not imply endorsement or sponsorship by the referenced companies. Please read the offering circular and related risks at invest.radintel.ai.
Deep Dive
🚀 DEX Trading Smashes New Record at $613.3 Billion in October
📊 News flash: In October, decentralized exchange (DEX) trading volume reached a new All-Time High of $613.3 billion.
DEX Trading Activity Gains Traction 📈
DeFiLlama data reported that DEX trading activity spiked significantly to $613.3 billion in October from $500 billion in September. Top exchanges like Uniswap (UNI) contributed $170.9 billion, a rise from $106.5 billion, and PancakeSwap (CAKE) jumped to $101.9 billion from $79 billion in September. The CEX and DEX trading ratio rose from 18% to 20% in October.
What accelerated the surge?
The rising popularity of DEX activities reflects a significant shift in crypto investments. Investors are choosing safer and more accessible avenues with low transaction costs like DEX platforms, rather than highly-regulated centralized exchanges. In October, U.S. President Donald Trump’s announcement regarding raising China tariffs created panic among investors, which triggered forced liquidations and surged DEX activities. Moreover, October marked an increased participation in airdrops and liquidity mining, which drove the trading volume.
💡 Good To Know
The James Howells Story of Lost Bitcoins
James Howells was a British IT engineer from Newport, who fought for 12 years and paid a legal bill of £117,000 to retrieve 8000 Bitcoins, which may currently be worth around £670 million.
In 2009, James mined 8,000 Bitcoins and kept them securely in his old computer’s hard drive. Later in 2013, he dismantled his old computer and accidentally threw away the Bitcoin hard drive while spilling a drink. Since then, James has fought with Newport City Council for several years to allow him to excavate and search the council site, believing he might retrieve the hard drive and his lost fortune. 👉 Read the Full Story: BBC
🎲 Play the Quiz
Which Cryptocurrency is Popularly Known as the “Digital Silver?” |
Last week’s quiz result: Bitcoin Halving, which occurs every 4 years and halves the Bitcoin mining reward by 50%. Keep playing, folks! 👍
CTV ads made easy: Black Friday edition
As with any digital ad campaign, the important thing is to reach streaming audiences who will convert. Roku’s self-service Ads Manager stands ready with powerful segmentation and targeting — plus creative upscaling tools that transform existing assets into CTV-ready video ads. Bonus: we’re gifting you $5K in ad credits when you spend your first $5K on Roku Ads Manager. Just sign up and use code GET5K. Terms apply.
Exclusive
👁️🗨️ Ledger Rolls Out the Next-Gen Wallet App: The Nano Gen5
🔔 Feature Update: Ledger, the pioneering hardware wallet company, recently unveiled its upgraded multisig, all-in-one crypto app, the Ledger Nano™ Gen5 signer.
What’s in Store? 🔍
Ledger Nano S rebranded its hardware wallet app (formerly Ledger Live) to roll out its new and upgraded model, the Ledger Nano™ Gen5, at the Ledger Op3n 2025 event in Paris.
Key Features:
An intuitive and secure touchscreen signer built for industry usage.
Customizable badges and accessories designed by Susan Kare, the iconic graphic designer of Apple Macintosh.
Integrates e-ink touchscreen, Bluetooth, and NFC connectivity.
Equipped with Transaction Check and Clear Signing to protect wallet funds.
Connects directly to decentralized applications. No need for separate wallets or browser interfaces.
The App comes at $179. Verified pre-owners of Ledger Nano S can upgrade to the Nano Gen5 at discounted rates.
📌 At A Glance
Grayscale Debuts Solana Staking ETF 📊
Grayscale, the leading digital asset management platform, took a major leap last week and launched its Solana Trust ETF (Ticker: GSOL) on the New York Stock Exchange (NYSE) Arca. The GSOL ETF aims to widen access to the Solana ecosystem and its staking products. 📎Read More at Globenewswire.
Hong Kong Broadens Access to Liquidity Pools 🌏
On Monday, Hong Kong announced its plans to ease crypto trading rules to allow licensed local crypto exchanges to access global liquidity pools. Under the new guidelines, Hong Kong’s local SFC-licensed (Securities and Futures Commission) exchanges can tap shared order books and enjoy greater price discovery and a global pool of trading opportunities. 📎Read More at the SFC Hong Kong News Release.
Romanian Regulator Blacklists Polymarket ⚠️
The National Gambling Office of Romania (ONJN) has blacklisted Polymarket, the popular prediction platform, and calls it an unlicensed gambling platform. The decision came after a surge in crypto betting activities during the national elections in Romania. 📎Read More at the Decrypt.
🌐 Market Map
The top five Cryptos according to CoinMarketCap, November 5, 2025.
🍿 Quick Bytes
DeFi protocol Balancer potentially exploited as onchain data shows millions in outflows. The Block
Presale Goes Live Monday: IPO Genie ($IPO) Launches With Token Sale and Airdrop Rewards. Cryptopolitan
CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan. TradingView
Citi and Coinbase Join Forces to Boost Digital Asset Payment Capabilities for Global Clients. Citigroup
🤡 This Week’s Meme Drop
That’s it, folks. 👋
Stay ahead. Hit the Subscribe button!
Disclaimer: The information provided in this newsletter is educational and not intended for any investment or financial advice.