Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing project says the induction of Serum Markets will “help surface valuable trading data on Project Serum.”
Aleph.im Adds Project Serum Support
During the last quarter of the year, the Solana (SOL) protocol and its native asset saw significant growth. In the last three months, SOL has gained a massive 542% and the market cap has entered the top ten crypto markets by capitalization. Today, SOL holds the fourth largest market position with an overall market valuation of $72 billion. On November 4, the cross-blockchain computing and decentralized indexing provider, Aleph.im, announced it is now offering analytical insights into Project Serum.
Serum is a Solana protocol that bolsters liquidity infrastructure and provides decentralized applications (dapps) with the ability to access Solana’s blockchain. The Serum website says that the protocol “brings unprecedented speed and low transaction costs” to decentralized finance (defi). Adding Serum Markets to Aleph.im will benefit the ecosystem, the Aleph.im team says, as it will help provide insights to valuable data.
“The induction of Serum Markets will vastly benefit Project Serum’s ecosystem, allowing Serum to better analyze the enormous influx of data and funds from their various end-users and providing increased visibility for investors into one of the largest players of the Solana defi ecosystem,” Aleph.im’s announcement details. “Moving forward, projects will be able to connect to Project Serum’s data using Aleph.im’s technology to enrich the Solana defi analytics landscape.”
‘Increased Visibility Into the Solana Defi Ecosystem’
At press time, there’s more than $250 billion total value locked (TVL) in defi today across various blockchains. Solana has the…
