BisonFi Overtakes Humidifi in Solana DEX Trading Volume

The Solana-based prop-AMM BisonFi, operated by the blockchain’s largest treasury firm FWDind, leads 24-hour decentralized exchange activity for the first time.

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Terms & Concepts
  • prop-AMM: A proprietary automated market maker, where trading algorithms and liquidity pools are developed and operated by a specific organization.
  • DEX (decentralized exchange): A platform that allows cryptocurrency trading directly between users without intermediaries.
  • Solana: A high-performance blockchain network known for fast transaction speeds and low costs.