The vast majority of spot volume and liquidity will aggregate to a few monolithic L1s
@Grayscale's new report on DEXs highlights that @RaydiumProtocol, the industry leader, is only deployed on @solana, compared to Uniswap which is on 28 chains
Adding some more color here...
LaunchLab is launching as a permissionless, customizable bonding curve program for Solana token launches and third-party UIs
Here’s the deep dive on what’s coming: (1/7)
Raydium is excited to partner with @worldlibertyfi in bringing USD1 to Solana
The stage is set with $30m in USD1 liquidity on Raydium... but the main event has yet to come 👀
Internet Capital Markets are powered by @solana
🦅☝️
USD1 is now live on Raydium 🦅☝️
We are excited to provide support as the official DEX for USD1 on Solana, revolutionizing global finance.
Time to accelerate stablecoin adoption on Solana.
It’s been a wild 3.5 years and this milestone hits a special spot, @RaydiumProtocol surpassed $1 TRILLION in lifetime volume
Over 1 million LPs created and more than $2.3b in fees generated
This is a monumental step for Solana DeFi and internet capital markets.