Category Archives: Solana Projects

Users can now utilize SOL tokens to buy, swap, earn interest and even use them as collateral. SOL Utility Increases In a move to capitalize on the hype around the ecosystem, the native token of the Solana blockchain, SOL, is now supported by Nexo, a lending, borrowing, and savings platform for digital assets. Users can now[Read more…]

Orca’s TVL grows more than threefold after closing an $18 million Series A funding round earlier this month. Venture Capital Funding pushes Orca forward Orca, a decentralized exchange (DEX) based on the Solana blockchain, has shown enormous growth in total value locked (TVL) just as this month closed out. The TVL has grown more than three times from approximately $220 million[Read more…]

Playground’s waves NFT collection is set to drop on the Dropzone on Sep. 25. Launch of Playground’s first NFT drop Raydium’s Non-Fungible Token (NFT) dropzone will launch the ‘Waves’ NFT collection by Playground, a new experiential platform that focuses on art stored “immutably” on the Solana blockchain. Waves is a collection of generative artwork which[Read more…]

The mammal-inspired DEX leverages Solana’s unique offerings to deliver the best interest for users providing liquidity on its stablecoin pools. Killer APRs  Orca has been seeing tremendous returns for investors using the platform. The Decentralized Exchange (DEX) offers stablecoin pools with a higher Annual Percentage Rate (APR) than most protocols on Solana. According to the protocol’s Tweet on June[Read more…]

The options protocol continues updating its users about the various options strategies available as its launch draws near. PsyOptions Unveils New Strategy  After explaining its complex strategy known as the Bull Calls Spread, PsyOptions has continued its trend of keeping users updated with new options strategies amidst its imminent launch. Our last article about PsyOptions[Read more…]

Helium tapped from Solana’s Hackathon to support India’s population affected by the dreadful COVID pandemic. Introduction  Helum’s recent Zodiac-inspired Non-Fungible Token (NFT) sale raised a solid amount of capital for Give India relief efforts. On Wednesday, the 16th of June, 2021, Solana confirmed that Helium showed massive support for India’s population affected by the COVID19 pandemic. The censorship-resistant[Read more…]

The decentralized exchange will offer impressive historical data on tokens thanks to Solana’s powerful scalability. SamoDEX is Off the Leash The Solana blockchain’s community-owned token and ambassador, Samoyedcoin, has launched its Decentralized Exchange (DEX) protocol. The doggy-based memecoin built on Solana announced the latest development on Twitter on the 22nd of June, 2021. SamoDEX features historical data from any[Read more…]

The options protocol updated its users about the different strategies available as its launch approaches. PsyOptions Makes a Bull Call Decentralized options protocol PsyOptions has dropped details about its Bull Call Spread Strategy. The strategy was termed as “complex” by the protocol. The strategies were detailed in a series of Tweets dropped by the options protocol on June[Read more…]

Solana and Serum recently partnered to hold the first-ever DeFi Hackathon. This event was held to further bootstrap the growth of the Solana ecosystem with over 100 participating projects. ‍ Solana X Serum Hackathon This event bolstered tons of attention with over 3,000 builders and submissions from over 100+ projects. The hackathon maintained support from[Read more…]

Serum’s goal is to develop an infrastructure that propels DeFi into everyday industrys. The launch of the protocol on the Solana mainnet has displayed the true power of the protocol and its on-chain orderbook. Introduction Decentralized Finance (DeFi) has displayed the power of finance when handled in a decentralized and permissionless way. This sector of[Read more…]