Neodyme Finds Squads Protocol Tops Solana Smart Contracts in Locked Funds

Research by Neodyme reveals that Squads Protocol leads all Solana smart contracts in total funds locked, highlighting its prominence in the network's ecosystem.

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Terms & Concepts
  • Smart contract: A self-executing blockchain code that automatically enforces the terms of an agreement.
  • Solana: A high-speed blockchain platform known for low transaction costs and scalability.
  • Funds locked: Cryptocurrency or digital assets held within a protocol that are inaccessible until specific conditions are met.