BisonFi Tops Solana DEX Volumes for Second Consecutive Week

The proprietary AMM platform has overtaken Humidifi, ending its months-long lead in Solana’s decentralized exchange market.

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Terms & Concepts
  • AMM (Automated Market Maker): A type of decentralized exchange protocol that uses algorithms to price assets and enable trading without a traditional order book.
  • DEX (Decentralized Exchange): A platform that facilitates peer-to-peer cryptocurrency trading without central intermediaries.
  • Solana: A high-performance blockchain network known for fast transactions and low fees, often used for DeFi and NFT projects.