Keep up with what's happening in the crypto world in real-time.
Decentralized Finance (DeFi) activity might be falling as of early September. According to DeFiLlama, all DeFi protocols spread across major blockchains like Ethereum and Solana manage roughly $77 billion worth of assets.
This innovative tool aims to offer projects a competitive edge, directly challenging Meteora's Dynamic Pools, which have gained traction in the space. “Burn & Earn” offers token teams a way to secure liquidity while continuously earning trading fees.
The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.
Decentralised exchange (DEX) tokens have joined the rest of the crypto industry in a deep sell-off. Uniswap (UNI), the biggest DEX in the industry, has retreated to $5.56, down by over 66% from its highest point this year. Similarly, Raydium (RAY), the biggest Solana DEX, has dropped to $1.