🔥Solana Dark Horse Saros ($SAROS) Soars 2464%, Aiming for New Liquidity Benchmark!
✨Core Highlights:
1. Astonishing Surge: $SAROS has skyrocketed from about $0.11 in April to the current $0.38+, marking a staggering 2464% increase this year, with a market cap strongly surpassing $1 billion!
2. Ace Product - DLMM Model:
Launched in June, it achieved over $60 million in trading volume within just two months.
TVL nearing $30 million.
LP feedback is excellent: significantly improved liquidity management efficiency, effectively increasing returns.
Full-stack DeFi ecosystem making strides:
SarosSwap (DEX) and Saros Perps (perpetual contracts) are performing outstandingly.
3. Eye-catching perpetual contract data:
BTC/USDC trading volume: $158 million
ETH/USDC trading volume: $221 million
Open interest (OI): $28 million
4. Strong Value Support - Buyback Program:
The foundation has spent about $38 million to buy back 100 million $SAROS from the market.
Long-term commitment: 20% of protocol revenue will be used for buybacks in the future.
Transparency assurance: Annual buyback progress reports will be published to enhance community confidence.
5. Solid Background and Ecosystem Expansion:
Investments from top institutions like Solana Ventures, Hashed, etc.
Important collaborations with industry giants like OKX and Wormhole, with the ecosystem rapidly expanding.
Important Links:
Official Website: https://www.saros.xyz/
Documentation/Whitepaper: https://docs.saros.xyz/
Official Twitter: https://x.com/saros_xyz | https://x.com/SarosPerps
Summary:
Saros is far from a simple DEX. With its innovative DLMM model, strong full-stack product performance, steadfast value support strategy, and robust partner network, Saros is fully committed to reshaping the liquidity standards of the Solana ecosystem! Its rapid development momentum is worth close attention.
#Saros #solana #DeFi