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19 Nov, 5 tweets, 9 min read
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

This week, we have checked out the comparison between Solana and one of the most-growing ecosystems - Fantom. Today, let’s dive more in the DEX sector of the ecosystem

#Solanaszn #DEX #comparison
DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

We choose the largest DEX of the two ecosystems for comparison.
@RaydiumProtocol from Solana
@SpookySwap fromFantom

#Solanaszn #DEX #comparison
@RaydiumProtocol @SpookySwap DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

As can be seen from the table, all metrics that we put in comparison all showed dominance of Raydium to SpookySwap. Which partly showed the scale of DEX in Solana ecosystem to the DEX in Fantom ecosystem.

#Solanaszn #DEX #comparison
@RaydiumProtocol @SpookySwap DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

However, the true strength of Solana ecosystem do not only lie in @RaydiumProtocol, it also stay in @orca_so @ProjectSerum @Saber_HQ ,.. . But the strength of DEX in Fantom mostly concentrated in @SpookySwap

#Solanaszn #DEX
@RaydiumProtocol @SpookySwap @orca_so @ProjectSerum @Saber_HQ DEX COMPARISON BETWEEN #SOLANA AND #FANTOM

In conclusion, the DEXes in Solana ecosystem are much stronger than the DEXes in Fantom ecosystem.

#Solanaszn #DEX #comparison

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More from @solana_daily

Solana Daily Profile picture
19 Nov
💫What happened at @solana Breakpoint 2021?

✔️@alexisohanian invests in Web3 social
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Details: bit.ly/2Z0XG4k
$SOL #solszn What happened at Solana Breakpoint 2021
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18 Nov
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

1. Each sector of Solana has been filled up with money lately. And you guys want to have an overview of the next destination of money in Solana. Let’s check this thread.

#Solanaszn #money #next Image
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

2. In theory, the money flow would be described: $ -> Layer 1 -> DEX -> L&B -> Yield Farming/ Staking -> Infrastructure -> Oracle -> Other trend -> $

#Solanaszn #money #next
NEXT DESTINATION OF MONEY FLOW IN #SOLANA?

3. However, the practical is not the same as the theory.
After filling out our layer 1 - $SOL, the money flow continued to find a new destination.

#Solanaszn #money #next Image
Read 14 tweets
Solana Daily Profile picture
18 Nov
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

The NFT landscape is one of the most growing sectors of Solana in comparison to the crypto market. Let’s be with @solana_daily to see the potential growth of it.

#Solanaszn #NFT #potential Image
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

With nearly $1B market cap, and $34M trading volume per day, this sector contains a huge potential in the future. However, until now, collectibles on Solana only have several use case

#Solanaszn #NFT #potential
POTENTIAL GROWTH FOR NFT LANDSCAPE OF #SOLANA

The collectibles are now mostly for personal owning or even being traded in the marketplace. Some projects expand on its use case. Such as Orca: The users are able to stake Orca collectibles for rewards.

#Solanaszn #NFT #potential
Read 9 tweets
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15 Oct
UNDERSTAND CROSS-CHAIN BRIDGE

Currently, there are numerous bridges, which are constructed to connect Solana to other blockchains. But do we truly understand what bridges are?
Let's take a look with @solana_daily to understand the mechanism of bridges

#SolanaSummer #Solanaszn Image
UNDERSTAND CROSS-CHAIN BRIDGE

Each blockchains can be considered as an independent nation, and cross-chain bridges serve as a tool for more convenience in trading goods between these nations.

#SolanaSummer #Solanaszn
UNDERSTAND CROSS-CHAIN BRIDGE

The more the crypto market evolves, the more prosperous the market becomes. With the help of bridges, blockchains can connect together to serve the mutual benefit of the market.

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7 Oct
TVL ON #SOLANA - CATEGORY DOMINANCE

The TVL distribution on @solana has had some major changes since the last 7D.
Let’s be with @solana_daily to look at the changes in the TVL ecosystem.

#SolanaSummer #Solanaszn Image
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

The Dex Sector has reduced its ratio, from 61% to 55% this week, whereas raito the TVL of Yield sector raised 50% last week, from 21.5% to 29%.

#SolanaSummer #Solanaszn
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

This phenomenon is contributed by the comeback of @SunnyAggregator. Sunny alone took up $2.36B TVL of the Sector, raising the TVL of Yield to the total of $3B.

#SolanaSummer #Solanaszn
Read 7 tweets
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24 Sep
STABLECOIN MAP TO #SOLANA

Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana STABLECOIN MAP TO #SOLANA

The available stable coin on @solana are USDT, USDC, and PAI of @gopartyparrot.

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana @gopartyparrot STABLECOIN MAP TO #SOLANA

With @Allbridge_io, Solana is welcoming BUSD from BSC @BinanceChain , cUSD from CELO @CeloOrg, apUSDC, apUSDT & MAI from Polygon @0xPolygon

#SolanaSummer #Solanaszn
Read 4 tweets

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