How Solana Blockchain-Based Automated Market Maker (AMM) Solanax Is Set to Re...

How Solana Blockchain-Based Automated Market Maker (AMM) Solanax Is Set to Re...

Solanax, the Automated Market Maker or AMM based on Solana blockchain, is making a difference in the decentralized finance or DeFi space due to its faster blockchain speed, better and simple interface, and low gas price. As a result, it continues to drive investors to its private sales. Automated market makers (AMMs) have come a […]


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The Private Sale Is Coming to an End. This Is Your Last Opportunity!

As a result of the recent cryptocurrency market explosion, crypto enthusiasts are thinking about the potential long-term growth of cryptocurrencies and which are worth investing in. Solanax is an automated market maker (AMM) based on the Solana blockchain, which is set to be a game-changer in the cryptocurrency world. If you haven’t yet gotten your […]

Capital Efficiency Using Arbitrary Curves On Solana’s ALFPROTOCOL

An Innovation Offered By Alfprotocol, Making Full Use Of Bonding Curves Alfprotocol is a Solana protocol for the capital deployment of liquidity provision and yield farming, with and without leverage. The protocol includes implementing an invariant-based Automated Market Maker protocol and a money market for short-term loans for exchange activities. The Solana ecosystem’s most important […]

Solana DEX raises $18M Series A from Three Arrows Capital, Coinbase Ventures

Several prominent investors took part in the Orca fundraiser, including Three Arrows Capital, Polychain and Coinbase Ventures. Solana ecosystem project Orca has concluded an $18 million Series A investment round led by some of the biggest venture funds in crypto, offering further evidence that high-profile investors are keen to back SOL-based startups. Orca, which operates as a decentralized exchange, will use the funds to continue developing its automated market maker solutions for Solana, the company announced Wednesday. The raise comes less than eight months after the project was....

Solana reclaims $200 — 3 reasons why SOL price is up 35% in seven days

SOL price continues to climb, with Solana’s TVL also hitting a new high of nearly $14 billion. The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup.Bitcoin triggers marketwide rallySOL climbed by more than 6% to hit an intraday high of around $214. The price of SOL is now up a little over 35% over the past week, pushing it closer to its record high of about $222 set in early September.Bitcoin’s run-up to its new....

Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of...

A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market. The good side of AMMs Already, as a consequence of using the AMM, Uniswap’s September traded volume topped $15.4 billion, a figure nearly $2 billion ahead than that of Coinbase’s. Prior to the surge in the use of AMMs, order-books were used instead. The Consensys Defi report asserts....