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Heaven Becomes 2nd Highest Revenue-Generating DEX Protocol in 24 Hours

DefiLlama data shows Heaven generated $1.02 million in 24-hour revenue, ranking third among Solana protocols after pump.fun and Axiom Pro.

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Summary

According to DefiLlama data on August 21, Heaven, a Solana-based AMM and Launchpad platform, recorded $1.02 million in protocol revenue within 24 hours. This positioned it as the third-largest revenue-generating protocol on Solana, following pump.fun and Axiom Pro.

Terms & Concepts
  • DEX (Decentralized Exchange): A type of cryptocurrency exchange that operates without a central authority, allowing users to trade directly with one another.
  • DeFiLlama: A data aggregator platform that tracks decentralized finance (DeFi) metrics, including protocol revenue, liquidity, and other key performance indicators.
  • AMM (Automated Market Maker): A type of decentralized exchange protocol that uses algorithms and liquidity pools instead of order books to facilitate trades automatically.