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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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This article introduces the competition between decentralized exchanges (DEXs) in the Solana ecosystem, especially the contest between Byreal launched by a trading platform and Solana's existing Raydium. Byreal, a hybrid on-chain liquidity protocol extended from a centralized exchange, is scheduled to go live in the third quarter of this year, aiming to provide traders with a Solana-native trading experience. At the same time, the article focuses on Bitcoin Pepe (BPEP), a layer-2 protocol based on the Bitcoin network that combines the liquidity and security of Bitcoin with the scalability of Solana to advance the development of the Bitcoin DeFi ecosystem. BPEP has raised $15 million and is about to be listed on multiple centralized exchanges, attracting a lot of investor attention. The article points out that despite Solana's fierce DEX competition