FTX Hack Spooks Solana DeFi Group, Igniting Revolution at Alameda-Managed Serum DEX

FTX Hack Spooks Solana DeFi Group, Igniting Revolution at Alameda-Managed Serum DEX

by Jeremy

Lending protocol Solend, Jupiter, automated market maker Raydium, stablecoin swap store Mercurial Finance and different Solana-based DeFi merchants, in addition to centralized entities together with Phantom pockets, restricted their publicity to Serum Saturday morning. They disconnected value information oracles, shut down token buying and selling swimming pools or ceased buying and selling on its central restrict order e book.

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