ICYMI: DEX aggregator Matcha geoblocks trades from Russia
the change. Using a VPN, The Block was able to confirm that as of publication time, trading from a Russia-based server was not allowed, though the message appeared to have changed from earlier, saying"Region Unsupported" rather than"Russia Trading Unsupported," as Banteg had screen-captured.Despite referring to the more general"Region," the new block does seem to target Russia specifically.
A representative for 0x, the development team that maintains Matcha, did not respond to The Block's request for comment by press time. Matcha is the second-largest DEX aggregator by volume. The leading aggregator is 1inch, many of the developers for which are themselves Russian nationals. 1inch similarlyThe move follows a barrage of sanctions against Russia following its invasion of Ukraine.
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