Thread by @solana_daily

UNIQUE CHARACTERISTIC OF DEX IN #SOLANA

1. The Dex sector of @solana is one of the strongest sectors in the market. Let’s take a look at the unique characteristics and the impact along with it.
@RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 2. Starting with @RaydiumProtocol - the largest DEX on Solana. Besides their ecosystem with staking, launchpad, and NFT, they also have many unique characteristics to stand out. Raydium is the project connected with @wormholecryptoto bring along the asset from Ethereum to Solana.

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 3. The number of transferred assets is enormous, such as: UNI, SHIB, AXS, DYDX, ..
Moreover, they integrated Serum with SRM as rewards for the fusion pool. With those characteristics, Raydium ranked 1st in the top TVL of Solana and in the top DEX of the market in trading volume.

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 4. The 2nd Dex we want to discuss is @ProjectSerum. Serum is a special project on Solana. They follow the DAO orientation, marking the long term development of the project. Next, they always integrate with other projects for the better of Solana.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 5. They integrate with Raydium for fusion pools. They are even provided liquidity by Atrix.
Therefore, however the market is, Serum always remains in the top 5 TVL of Solana.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so 6. The 3rd one is @AtrixProtocol. They have a unique mechanism, which provides liquidity for the Serum market, and connect with @almond_so to optimize the rewards when using its platform. Then, their @wormholecrypto asset pool just crossed $100M in TVL, marking 90% growth of TVL

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so @almond_so @wormholecrypto 7. The 4th one is @Saber_HQ. Saber had a strong connection with @Allbridge_io to bring along stable asset from other chains to Solana, marking the number of blockchains assets transferred to Solana to 6 blockchains.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so @almond_so @wormholecrypto @Allbridge_io 8. They even connected with Sunny and Quarry for staking the Saber LP tokens.
Although they are mostly concentrated on stable assets, they still remain above $1B in TVL despite the condition of the market.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so @almond_so @wormholecrypto @Allbridge_io 9. Last but not least, is @orca_so. With the orca collectibles, they marked a unique characteristic. Users are able to earn these collectibles when trading on Orca, therefore pushing up the trading activities of users on Orca.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so @almond_so @wormholecrypto @Allbridge_io 10. Moreover, these collectibles can be staked for Orca rewards in some specific events.
They also carried along the double dip events, allowing users to earn rewards in both Orca and assets.

#Solanaszn #unique

@solana @RaydiumProtocol @ProjectSerum @AtrixProtocol @Saber_HQ @orca_so @almond_so @wormholecrypto @Allbridge_io 11. In conclusion, each project has their competitive edge to attract users to their platform. But above all, the projects all serve one mutual benefit, which is the prosperity of the Solana ecosystem.

#Solanaszn #unique