What is Adrena (ADX)?

Adrena is a decentralized, open-source exchange for spot and perpetual trading with low swap fees and zero price impact. Users can trade directly from their wallets without creating accounts or depositing assets. A multi-asset pool provides liquidity providers (ALP holders) with income from lending to traders, swap fees, and token incentives. It operates on a two-token model: $ADX (governance token) and $ALP (LP token). $ADX enables governance through the Adrena DAO and 20% revenue sharing; $ALP earns 70% of the platform’s revenue. Dynamic pricing is powered by Chaos Labs, and operations are supported by open-source Rust Keepers based on Yellowstone GRPC.

Purpose of Adrena (ADX)

As Solana users and blockchain enthusiasts, Adrena’s creators, frustrated with inequitable token economies, aim to deliver a fair platform. It shares 100% of revenue with token holders, creating incentives beyond speculation. Rewards are direct, without points, complexity, or gimmicks. Linear, predictable emissions align everyone—team and investors included—for the long term. A low FDV fosters a natural upward environment driven by usage and scarcity. Early and active users are rewarded, and governance is handed to users with 1 ADX = 1 vote.

Adrena leverages Solana for speed and efficiency, utilizing RPCs, priority TX, and optimized on-chain instructions. It prioritizes simplicity, maintaining a GMX-inspired perpetual trading venue without feature creep. It is composable and widely integrated, growing the ecosystem through a grants program. Resilience is ensured with consistent audits (Ottersec launch audit) and open-source code; an Immunefi bug bounty program encourages community security. Transparency eliminates governance backdoors; vesting tokens provide initial team control, transitioning to the community via emissions.

How Does Adrena (ADX) Work?

Adrena operates on a peer-to-pool perpetual model, where liquidity providers (ALP holders) lend to traders, enabling zero-slippage trading.

Peer-to-Pool Model:

• Long Trade: Users borrow margin from the pool for leveraged long positions (no actual borrowing; assets are locked).
  • Success: Trader profits, the pool loses long exposure but earns fees.
  • Failure: Liquidation releases locked exposure, and the pool earns fees.
• Short Trade: Users borrow stablecoins from the pool for up to 100% max profit; short positions have limited upside.
  • Success: The pool pays stablecoins but earns fees.
  • Failure: Liquidation releases locked exposure, and the pool earns fees.

The model operates as PvE (trader vs. pool); losses don’t go to the pool, and revenue comes from fees. The pool’s size limits trading, managed by Chaos Labs dynamic pricing (April 2025 pull model) and MrSablier keepers (liquidation, SL/TP, staking).

No Liquidation Fees: Liquidations incur only standard closing fees; no extra fees, as PvE liquidations are optimal for the pool (except for fee loss).

Usage:

• Zero-Slippage Trading: Peer-to-pool model for permissionless, slippage-free trading.
• Liquidity Provision: ALP holders earn 70% revenue share from the pool.
• Governance: $ADX enables DAO voting.
• Staking and Locking: Duration-locked $ADX offers additional rewards and voting power.

Steps:

1. Connect a wallet and trade directly.
2. Open perpetual positions with 100x leverage.
3. Provide liquidity with ALP to earn fees.
4. Stake $ADX for governance participation.

Advantages of Adrena (ADX)

• Fairness: 100% revenue sharing, linear emissions.
• Speed and Efficiency: Solana’s zero-slippage, optimized instructions.
• Simplicity: User-friendly, no feature creep.
• Composability: Ecosystem growth via grants.
• Resilience: Audits and bug bounties.
• Transparency: Smart contract governance, no backdoors.

Adrena (ADX) Tokenomics

$ADX: Governance and Revenue Sharing Token. Total Supply: 1,000,000,000 (6 decimal precision).

• Economic Benefit: 20% fee share in USDC; locked $ADX earns extra rewards and multipliers.
• Governance Benefit: 1 $ADX = 1 vote; staking enables voting, locked $ADX provides multipliers.

Staking and Locking: Liquid staking yields USDC and voting rights; locked staking offers additional yield and vote multipliers based on duration.

Premature Unlocking: Locked $ADX can be unlocked with a 15-40% penalty based on remaining duration; penalties are burned.

Distribution:

• DAO Ecosystem Incentives: 55%
• Early Contributors: 36%
• Adrena Foundation: 5%
• CEX/DEX Liquidity: 4%

Detailed Distribution:

• Launch Team: 21.33%
• Pre-Seed: 4%
• Seed: 8.67%
• Strategic: 2%
• Liquidity Mining – ALP: 15%
• Liquidity Mining – Staking: 10%
• Partnerships/Marketing: 10%
• DAO Treasury Reserves: 7%
• Community Grants: 8%
• Genesis Liquidity Program: 5%
• Foundation Development: 5%
• CEX/DEX Liquidity: 4%

$ALP: Pool collateral LP token; minted on deposit, burned on redemption. Fees vary by pool asset ratios.

• Economic Benefit: 70% fee share increases pool assets, raising $ALP value.
• Genesis Lock ALP: 6-month locked class at launch, earns extra $ADX distribution.

Shadow Governance Token: Operates with Solana’s governance program; $ADX staking provides voting rights, locked $ADX offers multipliers. Smart contracts control mints, integrated with Realm.

Adrena (ADX) Partners

Adrena is supported by partners including Forgd, Syntax, Littleunusual, Autonomous, Jito, BONK, Overclock, Osec, and Triton.

Official Links

• Website
• X (Twitter)
• Whitepaper

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What is ApeX Protocol (APEX)?

ApeX Protocol is a DEX platform built on innovation and user empowerment, designed to provide a seamless, efficient, and secure trading experience in the crypto market. ApeX Omni (v2) enhances trading with multichain liquidity, a user-first design, and top-tier security through zero-knowledge proofs, making it safer and more efficient. Key features include:

• Multichain Liquidity Aggregation: Combines liquidity from various blockchains, eliminating the need for cross-chain bridges and reducing associated risks and fees.

• Intent-Centric Approach: Mimics the convenience of centralized exchanges, offering a chain-agnostic trading experience.

• Modular Infrastructure: A flexible, scalable framework enables rapid product launches and adaptation to market demands.

• Self-Custody and Security: Ensures users retain full control over their assets, with zero-knowledge proofs guaranteeing transaction security and privacy.

• Comprehensive Product Suite: Offers perpetual contracts, spot trading, yield-generating vaults, and prediction markets.

With ApeX Omni, the protocol reshapes decentralized trading and enhances user experience through social rewards via ApeX Social.

Purpose of ApeX Protocol (APEX)

ApeX Protocol aims to revolutionize decentralized trading with innovative technology and user-focused products. It delivers speed, efficiency, and security, combining the advantages of centralized exchanges with a decentralized structure. ApeX Omni provides broad asset access through multichain liquidity, low fees, and high transaction speeds. It empowers users with full control over their assets while enhancing security through zero-knowledge proofs, strengthening the DeFi ecosystem for both crypto professionals and beginners.

How Does ApeX Protocol (APEX) Work?

ApeX Protocol operates as a multichain trading platform via ApeX Omni, with a modular, intent-centric architecture optimized for user needs.

Core Products:

1. Perpetual Contracts:

   • USDT-collateralized, up to 100x leverage, low slippage, and high liquidity.

   • Zero gas fees, 5 BPS taker and 2 BPS maker fees.

   • 10,000 TPS transaction speed.

   • Cross-margin: Trade multiple markets with a single margin account for capital efficiency.

   • P&L Calculation: Linear in USDT, reducing position risk.

2. Spot Trading:

   • Unified cross-chain trading with USDT swaps (Solana, Base, BNB Chain, Ethereum).

   • 0.5% low fees, anti-MEV protection, and unified liquidity pools.

3. Yield Vaults: Generate returns through automated user- or protocol-created strategies.

4. Prediction Markets:

   • Event-based trading with up to 20x leverage, using Polymarket price references.

   • Binary outcome markets (e.g., “Will BTC reach 120,000 USDT by July 20, 2025?”).

   • Contract prices reflect event probability (0.001–0.999 USD).

5. ApeX Social: Offers airdrops, NFTs, trading bonuses, and real-world rewards (e.g., Apple Vision Pro, Saga phone).

Cross-Collateral:

• Supports USDC, WBTC, WETH, ETH, cmETH, mETH, cbBTC, and USDe.

• Enables flexible, efficient trading with automatic asset conversion.

• Diversified collateral reduces risk tied to a single asset’s volatility.

Grid Bot:

• Automated “buy low, sell high” or “sell high, buy low” strategies.

• Long, short, or neutral modes; neutral bots excel in sideways markets.

• -0.002% maker fee: Earns rewards per trade, credited daily to position margin.

Fee Structure:

• Taker: 5 BPS, maker: 2 BPS.

• Beta period discounts: 2.5 BPS taker, 0 maker for <500,000 USDT volume; 5 BPS taker, 0 maker for >500,000 USDT.

• No gas fees; fees apply only to filled orders.

• Funding fees: Hourly, exchanged between long and short positions to align market and spot prices.

Order Types:

• Limit Order: Executed at a specified or better price, no fill guarantee.

• Market Order: Filled instantly at the best available price.

• Conditional Orders: Market or limit orders with trigger price conditions.

Leverage and Open Interest:

• Up to 100x leverage, adjustable by users.

• Open interest reflects total unsettled derivative contracts at day’s end.

Liquidation and ADL:

• Maintenance margin is required to keep positions open; a 100% margin ratio triggers liquidation.

• Auto-Deleveraging (ADL): Ranks high-profit positions to balance losses during volatility.

ApeX Protocol (APEX) Use Cases

ApeX caters to diverse user needs:

• Perpetual Trading: High-leverage, low-fee derivatives trading.

• Spot Trading: Multichain, low-fee token swaps.

• Prediction Markets: Event-based speculation with 20x leverage.

• Yield Vaults: Passive income through automated strategies.

• ApeX Social: Engagement incentives with crypto and real-world rewards.

• Tokenized U.S. Stocks: Trade AAPL, TSLA, NVDA, etc., with USDT.

Usage Steps:

1. Connect a wallet to ApeX Omni, deposit USDT or supported assets.

2. Trade in perpetual, spot, or prediction markets.

3. Apply automated strategies with Grid Bot.

4. Earn yields with USD0++ or vaults, participate in $APEX rewards.

ApeX Protocol (APEX) Tokenomics

The $APEX token is central to the protocol:

• Total Supply: 500 million (reduced from 1 billion in 2024).

• Distribution:

  • 23%: Core team and early investors (24-month lock, 24-month vesting).

  • 77%: Participation rewards, ecosystem, and liquidity (100% unlocked at TGE, DAO locked for 36 months).

  • Trade to Earn: 25 million (Round 1), 10 million (Round 2), 25 million (XP Campaign).

• Utility: Weekly staking rewards, governance (roadmap, settings).

• esAPEX: Escrowed token, convertible to $APEX after 6-month vesting.

ApeX Protocol (APEX) Investors

• Tier 1: Dragonfly.

• Tier 2: Mirana Ventures, Tiger Global Management, Jump Trading.

• Tier 3: Kronos, CyberX.

• Tier 4: M77 Ventures.

ApeX Protocol (APEX) Team

• Mariam Iashagashvili: Head of Marketing and Operations.

• Aron Peak: Head of Product.

Official Links

• Website
• X (Twitter)
• Whitepaper

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Why Vesting? Reducing Selling Pressure

According to Leonard, introducing vesting could prevent recipients from immediately selling large amounts of tokens, a scenario that might otherwise place heavy pressure on ASTER’s price. By doing so, Aster aims to protect the interests of both existing token holders and new community members:

“We reserve the right to move forward with this option. A final decision will be made and announced within the next two to three days,” Leonard said.

In the crypto world, vesting is a widely adopted practice. It helps maintain stability by locking tokens for a certain period and gradually releasing them, ensuring a healthier market environment.

320 Million Tokens Set for Season 2

Aster has allocated more than half of its total token supply to community airdrops. For Season 2, the platform confirmed that 320 million ASTER tokens, valued at around $600 million, will be distributed to participants.

During the livestream, Leonard explained that the team is carefully assessing whether the release of around 4% of the token supply could trigger unwanted selling activity. He emphasized that the protection of long-term holders is just as important as rewarding airdrop participants.

The Season 2 points accumulation period will officially close on October 5 at 11:59 pm UTC, with Leonard confirming that all details will be finalized and shared before the snapshot is taken.

Record-Breaking Trading Volume

Ahead of the airdrop, Aster’s trading activity has surged dramatically. Data shows that the platform’s daily perpetual DEX volume recently climbed to $85 billion, more than 12 times higher than its closest competitor, Lighter, on the same day.

While these numbers highlight impressive adoption, some community members remain cautious. The key question is whether such high volumes can be sustained once the current incentives are reduced or phased out.

What is Aster DEX? How to Use It?

What is Aster DEX? How to Use It?

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A Revolutionary Move from MetaMask 

MetaMask is integrating a Perp DEX feature into its wallet through a partnership with Hyperliquid. This allows users to trade perpetual futures with up to 100x leverage. The feature stands out for reducing gas fees, making decentralized finance (DeFi) more accessible. With Hyperliquid’s monthly trading volume of $383 billion, the potential of this integration is clear. Over 100 million MetaMask users will be able to benefit. 

Users Earn with the Points Rewards Program 

MetaMask aims to boost user loyalty with its new points rewards program. Users will earn points based on trading volume and referral activity. These points can be redeemed for airdrop rewards or discounts. Similar systems, like Paradex’s XP program, have gained massive traction in DeFi, giving MetaMask a competitive edge. 

Ways to Earn Points: 

• Accumulating points via trading volume 
• Inviting new users (referral system) 
• Daily in-app activities 
• Special campaigns after Token2049 

Official Launch Expected at Token2049 

The Token2049 event in Singapore will be the stage for MetaMask’s announcement of these features. Meanwhile, leaked code snippets on Reddit confirm that preparations are complete. These updates could transform MetaMask into a “super exchange.” However, regulatory risks and market volatility remain key factors investors should watch. Early adopters may gain significant advantages, but caution is advised. 

What Is MetaMask and How to Use It?

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The involvement of strong investors such as Delphi Digital, OKX Ventures, HashKey Capital, and BigBrainVC provides a significant advantage in terms of both credibility and market visibility.

What is Aark Digital (AARK)?

Aark Digital (AARK) is a platform operating on Arbitrum, known as the largest 1000x leveraged DEX on the network. With an average daily trading volume of $200 million, it holds a leading position in the market.

Through a strategic partnership with Orderly Network, Aark Digital has evolved into a next-generation decentralized perpetual trading platform, offering CEX-level efficiency while maintaining the security and transparency of DeFi.

Key features of the platform include:

• Deep Liquidity: The Reflective Market Maker (RMM) system minimizes price slippage and market impact during large-volume trades.
• Cross-Chain Compatibility: Seamless trading across Ethereum, Solana, NEAR, and Polygon.
• Cost-Efficient Execution and Gasless Transactions: Off-chain execution via Orderly Network significantly reduces transaction costs.
• fUSDC and Innovative Tools: The native utility token fUSDC covers part of transaction fees and incentivizes users through VIP programs and other rewards.

Innovative and Advanced Features of Aark Digital

Aark Digital leverages advanced technologies to provide high speed, deep liquidity, and low transaction costs in the DeFi ecosystem. Its standout features include:

• Reflective Market Maker (RMM): Mirrors liquidity from Binance and Orderly Network, providing centralized exchange-level depth. This minimizes price slippage and negative market impact for large orders.
• 1000x Leverage and Isolated Margin: Investors can amplify positions in high-risk trades. Isolated margin ensures each position is independent, limiting liquidation risk across the account.
• Cross-Chain Compatibility: Seamless trading across Ethereum (EVM-compatible), Solana, NEAR, and Polygon without delays from bridging or asset transfers.
• Gasless Transactions and fUSDC Use: Off-chain execution minimizes costs nearly to zero. The fUSDC token covers a portion of transaction fees, further reducing expenses.
• VIP Program and Advanced Order Book (CLOB): High-volume traders achieve VIP levels based on monthly trading volume, gaining benefits like loss rebates. The Central Limit Order Book matches limit and market orders with low latency for precise, fast trading.

Assessment

Aark Digital and $AARK are among the standout projects in the Perp DEX ecosystem. Short-term increases in price movements and user demand are likely. In the medium to long term, the platform’s cross-chain compatibility, high speed, deep liquidity, and user rewards will contribute to sustainable ecosystem growth.

With its innovative technology and strong investor network, Aark Digital remains an attractive option for both crypto traders and institutional investors amid the competitive Perp DEX landscape.

 In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

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What is Aark Digital (AARK)?

Aark Digital delivers a seamless, high-speed, and deeply liquid trading experience through advanced features:

1. Deep Liquidity via Reflective Market Maker (RMM): Mirrors liquidity from Binance and Orderly Network, ensuring CEX-level depth in a decentralized environment. The RMM system minimizes slippage and price impact, even for large orders.

2. 1000x Trading with Isolated Margin: The 1000x Trading Mode amplifies positions for high-stakes opportunities, using Isolated Margin to keep each position separate, preventing account-wide liquidation risks.

3. Cross-Chain Compatibility: Leverages Orderly Network’s omnichain infrastructure for seamless trading across Ethereum (EVM-compatible), Solana, NEAR, Polygon, and other blockchains, eliminating the need for bridging or asset migration.

4. Gas-Free Transactions: Powered by Orderly Network’s off-chain execution, trades incur zero gas fees, reducing costs for high-frequency traders.

5. fUSDC: Cost-Saving Trading Voucher: fUSDC, a platform-native utility token, offsets up to 50% of trading fees. It’s earned through community engagement, trading activity, and VIP rewards.

6. VIP Program for High-Volume Traders: Automatically enrolls traders based on monthly volume, offering rebates on losses and premium benefits like cashback and exclusive rewards.

7. Perpetual Trading with Advanced Orderbook: Provides a Centralized Limit Order Book (CLOB) experience in a decentralized setting, supporting limit and market orders with low-latency matching for precise trading.

Aark Digital combines CEX efficiency with DeFi transparency, creating a scalable, cost-effective, and user-friendly perpetual trading platform.

Purpose of Aark Digital (AARK)

Project aims to be the premier perpetual futures DEX, capitalizing on the multi-billion-dollar market that has seen decentralized perpetual exchanges process hundreds of billions in monthly volume since 2024. With high leverage, privacy, and dual-mode trading, Aark targets a significant share of this market. Its deep liquidity, cross-chain capabilities, and cost-efficient execution redefine the perpetual DEX landscape.

How Does Aark Digital (AARK) Work?

Aark Digital operates on Orderly Network’s infrastructure, delivering CEX-level orderbook trading with trustless execution and full user control. Its Perpetual Trading Mode offers a CLOB experience with limit and market orders, ensuring low-latency, precise trading.

Trading Process:

1. Pair Selection: Choose from over 100 trading pairs.

2. Order Execution: Place market or limit orders via CLOB.

3. Multi-Chain Trading: Trade with up to 50x leverage across multiple blockchains.

4. Deep Liquidity Access: RMM integration minimizes slippage and spreads.

5. Gas-Free Trading: No additional fees for cost efficiency.

1000x Mode: Offers up to 1000x leverage with Isolated Margin, ensuring each position’s collateral is separate, preventing liquidation from affecting other trades. Cross Margin applies only to Perpetual Trading, not 1000x Mode.

RMM: Liquidity and Depth: Mirrors Binance and other CEX orderbooks, providing high Depth Factor, low price impact on large orders, and tight, predictable spreads.

fUSDC Usage: When opening positions, a portion of trading fees is paid with fUSDC, reducing costs by up to 50% compared to full USDC payments.

Aark Digital (AARK) Use Cases

Aark Digital serves multiple purposes in perpetual futures trading:

• High-Leverage Trading: 1000x Mode for high-risk, high-reward opportunities.

• Multi-Chain Access: Trade across ecosystems without bridging.

• Gas-Free Execution: Cost savings for high-frequency traders.

• VIP Rebates: Loss rebates and premium benefits for high-volume traders.

• fUSDC Fee Reduction: Up to 50% discount on trading costs.

VIP Program: Automatically assigns levels based on monthly volume, offering loss rebates and exclusive perks.

1000x Mode Policy: Starts at 500x leverage, with Take Profit (TP) ranging from 0% to 500%, max gain at 400%, and max loss at 100%. Only USDC is accepted as margin collateral, with no token mining or referral programs.

Aark Digital (AARK) Tokenomics

$AARK is the governance and utility token of Aark. Total Supply: 1,000,000,000. Initial Liquid Supply: 4.4% at Token Generation Event (TGE), with 6.9% total including 2.5% for CEX/DEX liquidity.

Distribution:

• Genesis Incentives: 7.2% for early contributors via Point Mining, Early Bird LP Seasons 1/2, and Moon Festival (3.7% at TGE, 3.5% linearly unlocked over 2 months).

• Community Rewards: 29.4% for Trade Mining, Token Staking, and post-TGE contributions.

• Investors: 22.1% for Seed round participants.

• Team: 20% vested over 30 months with a 6-month cliff.

• Ecosystem: 16% for community events, partnerships, marketing, CEX/DEX liquidity, and DEX LP rewards (3.24% unlocked at TGE).

• Core Contributors: 3.4% for initial supporters.

• Advisors: 1.9% for growth catalysts.

Aark Digital Investors

Aark Digital is backed by prominent investors, including Delphi Digital, OKX Ventures, Hashkey Capital, Big Brain Holdings, Arrington Capital, IVC, Morningstar Ventures, MetaVest Capital, SkyVision Capital, Apollo Crypto, Black Dragon, Skyland Ventures, Cypher Capital, Quotient Ventures, CSPDAO, Lecca, Seed Thrift, RFD, Crypto Discover, and ArkGrow.

Aark Digital Team

Founded in 2023, Aark Digital is led by Eden, its founder, and a team of experts in perpetual futures trading.

Official Links

• Website
• X (Twitter)
• Whitepaper

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As of 2025, we’ve compiled the top 5 Perp DEXs. These platforms stand out for their liquidity, speed, fees, and innovations. Let’s take a closer look at each one.

1. Aster DEX: Multi-Chain Perpetual Powerhouse

Aster DEX is an innovative Perp DEX born from the 2024 merger of Astherus and APX Finance. It offers deep on-chain liquidity and one-click trading, equipped with advanced tools for professional traders. It operates in two modes: a low-fee full order book Pro Mode and an MEV-resistant 1001x mode.

Supporting Ethereum, BNB Chain, Solana, and Arbitrum, it features spot fees of 0.10% maker/0.04% taker and perpetuals at 0.035% maker/0.01% taker. Spot trading offers 8+ pairs, while perpetuals provide 93+ contracts (crypto, forex, stocks) with up to 100x leverage. The high-leverage 1001x mode offers 1000x for BTC/ETH but carries rapid liquidation risks, so risk management is crucial.

Backed by YZi Labs and PancakeSwap, Aster has reached a $1.11 billion trading volume, rivaling Hyperliquid, and gained attention from CZ. Multi-chain access and low costs simplify perp trading.

Click here to open an Aster DEX account at a discount and benefit from the opportunities.

2. Hyperliquid: High-Performance L1 Perp Leader

Hyperliquid is a decentralized L1 blockchain optimized for futures and spot trading. It delivers the speed and depth of traditional exchanges on-chain, powered by the HyperCore order book engine, processing 200,000 orders per second, with instant finality via HyperBFT consensus.

Using USDC as collateral, it offers 100+ perpetual and spot trades; its “hyperps” products are resistant to price manipulation. It democratizes financial markets, blending CEX speed with DeFi transparency. One of the largest open-source Solana Perp DEXs, since 2021, it has grown to $350 million TVL, 175,000 traders, and over $20 billion in cumulative volume.

Click here to sign up for the Hyperliquid platform!

3. EdgeX: zk-Powered Derivatives Giant

EdgeX is a decentralized derivatives platform offering CEX-level speed and depth. Users retain assets in their wallets; powered by StarkWare’s zk technology, it processes up to 200,000 orders per second with low latency and high throughput.

Supported by Amber Group, it enables cross-chain transactions across 70+ blockchains; spot and perpetual trading, with tools like eStrategy Vault, cater to professionals. Features include: order-book-based derivatives, advanced order types, margin/liquidation/isolate/hedge modes, sub-account system, reverse positions, and trailing stop/profit.

Click here to open an EdgeX account and benefit from the discounted opportunities.

4. Bluefin: Sui-Based Spot and Derivatives Master

Bluefin is a decentralized spot and derivatives exchange on the Sui blockchain. It offers fast, low-cost, and secure transactions; the BLUE token supports fees, staking, and governance. It enables spot and derivatives trading via smart contracts.

Leveraging Sui’s high speed and low fees, it supports wallets like Suiet, Martian, Stashed, Nightly, and Surf. Google account integration (via ZK technology) eliminates private key management, enabling seamless cross-device connectivity with the same account.

5. Drift: Solana’s Powerful Perp DEX Player

Drift Protocol is a DEX on Solana designed for spot and perpetual markets. It offers low slippage, minimal fees, and transparency for a secure trading environment; advanced features like leverage trading and a cross-margin risk engine suit various strategies.

It addresses traditional on-chain exchange shortcomings, ensuring efficiency, liquidity, and accessibility. One of Solana’s largest open-source perpetual futures DEXs, since 2021, it has $350 million TVL, over 175,000 traders, and $20 billion in cumulative volume.

Liquidity Mechanisms: JIT Auction Liquidity (short-term auctions for liquidity), Limit Orderbook Liquidity (DLOB for continuous liquidity), AMM Liquidity (virtual AMM for backup).

Main Products: Spot Trading with Margin (direct buy-sell, leveraged), Perpetual Trading (futures swaps for speculation), Borrow Lend (interest-based lending), BAL (backstop AMM liquidity boosting sqrtK).

Click here to register for Draft with a discount.

Perp DEX Trend

The top 5 Perp DEXs – Aster DEX, Hyperliquid, EdgeX, Bluefin, and Drift – are redefining on-chain trading. With deep liquidity, low fees, and high leverage, they cater to professionals; multi-chain support and innovative modes enhance accessibility. In crypto trading, Perp DEXs reduce CEX risks while offering DeFi opportunities. Your choice depends on your strategy and preferred chain – don’t forget to do your research!

Our Stock Exchange User Guides

1. Aster DEX
2. Hyperliquid
3. EdgeX
4. Bluefin
5. Drift

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Project Vision 

Saros aims to build a sustainable ecosystem for developers and users on the Solana blockchain. Its mission is to increase liquidity, support long-term project growth, and provide decentralized solutions in areas such as DeFi, NFTs, payments, and identity management. 

Team and Founders 

The founding and management team has not been officially disclosed. However, research indicates that Aaron Price stands out as the founder of Saros. The team consists of professionals experienced in blockchain, DeFi, NFTs, and payment systems. 

CEO: Linh Nguyen – responsible for management and operations. 

Investors and Partnerships 

The ecosystem is supported by notable investors and strategic partners such as Solana Ventures, Hashed, Spartan, and Arche Fund. These collaborations strengthen Saros’ technical infrastructure and accelerate ecosystem growth. Additionally, the DEX aggregator is powered by smart routing through exchanges like Jupiter and OKX. 

How It Works 

• SarosSwap (AMM DEX): Decentralized swapping of SPL tokens, with passive liquidity provision. 
• SarosFarm: Stake LP tokens to earn rewards and provide liquidity. 
• SarosStake: Single-asset staking without impermanent loss. 
• Saros Perp DEX: Perpetual futures trading platform with up to 50x leverage. 
• Saros Garden: Stake SAROS to earn BERRY points and additional benefits. 
• Mobile App: Fast and secure access to Saros ID and Solana-based DeFi tools. 

Governance 

SAROS token holders can participate in the platform’s governance. The mechanism ensures community involvement and democratic decision-making. 

Roadmap 

• Launch of SarosSwap DEX 
• HyperRadiance points system and user rewards 
• NFT hub and AI-powered NFT minting 
• SolanaPay and internal payment module integration 
• Super app and SarosID (SID) identity system 
• Ecosystem expansion and strategic partnerships 
• Additionally, Saros was recently listed on Binance Alpha, boosting accessibility for investors. 

Token Utility 

• Governance: Voting and decision-making. 
• Premium Features: Access to exclusive products and services. 
• Liquidity Incentives: Reward system for liquidity providers. 
• Community Engagement: Gamification, rewards, and airdrops. 
• Payment Module: SolanaPay and in-app transactions. 

Token Information 

• Symbol: SAROS 
• Blockchain: Solana, Viction 
• Total Supply: 2.62 Billion SAROS 
• Max Supply: 10 Billion SAROS 
• Circulating Supply: 1.16 Billion SAROS 

Token Distribution 

• Ecosystem Growth: 20% – 2,000,000,000 SAROS (TGE 25%, 2-year lock, 3-year linear unlock) 
• Community Development: 10% – 1,000,000,000 SAROS (TGE 25%, 2-year lock, 3-year linear unlock) 
• Investors: 15% -1,500,000,000 SAROS (TGE 25%, 2-year lock, 2-year linear unlock) 
• Community Airdrops: 5% – 500,000,000 SAROS (TGE 100%) 
• Liquidity Provision: 10% -1,000,000,000 SAROS (TGE 100%) 
• Strategic Reserve: 20% – 2,000,000,000 SAROS (TGE 0%, 2-year lock, 3-year linear unlock) 
• Core Contributors: 20% -2,000,000,000 SAROS (TGE 0%, 2-year lock, 3-year linear unlock) 

Ecosystem Features 

• Decentralized exchange (DEX) aggregator 
• Non-custodial and NFC hybrid wallet 
• NFT hub with AI-powered minting 
• HyperRadiance points system 
• SolanaPay payment module 
• SarosID (SID) digital identity system 
• Premium features and community incentives 

Saros (SAROS) is a multi-functional DeFi and NFT platform on Solana, designed to enhance the Web3 experience. By integrating decentralized finance, NFTs, identity, and payments into a single super app, Saros offers a comprehensive ecosystem for developers and users alike. 

Official Links 

• Website
• Twitter
• Telegram

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The post What is Saros Finance (SAROS)? Solana-Based DeFi Platform appeared first on Coin Engineer.