Defi
Solana’s Novadex Focuses on Concentrated Liquidity Pooling
Launching On Mainnet Soon
Amidst the DeFi ecosystem’s explosive growth, with Total Value Locked (TVL) soaring past $80 billion, the demand for efficient and accessible trading platforms has become paramount. Yet traditional blockchains often struggle with scalability and high transaction fees, hindering user experience.
We previously explored StarkNet’s Leading DEXs & AMMs: JediSwap, 10kSwap, & AVNU. Solana ecosystem offers a new approach to liquidity pooling. Solana’s lightning-fast network, capable of processing over 65,000 transactions per second and negligible transaction fees make DeFi participation more accessible to a wider audience.
Concentrated Liquidity
NovaDEX implements a concentrated liquidity model within its Automated Market Maker (AMM) architecture. Users can allocate liquidity to specific price ranges rather than casting a wide net. This focused liquidity enhances market depth, ensuring minimal slippage for traders. It also…
