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Solana Lending TVL Soars to $3.6B as New Protocols Battle for Market Dominance
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Solana Lending TVL Soars to $3.6B as New Protocols Battle for Market Dominance
Solana’s lending markets have seen rapid growth as the network continues to expand its on-chain finance capabilities, according to a report by RedStone. The report found that Solana has maintained 100% uptime for 12 months, delivered transaction finality in roughly 400 milliseconds at a median cost of $0.001, and reached $35.9 billion in peak daily DEX volume. Inside Solana’s $3.6B Lending Market Total value locked (TVL) in Solana’s lending mark…
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