Solana - Unique Programs
1.Pyth
Pyth Network is a specialized oracle solution for latency-sensitive financial data typically guarded by centralized institutions. Pyth Network is focused on bringing this unique data on-chain and aggregating it securely. Pyth connects high-fidelity market data from the world’s largest professional traders and exchanges to any smart contract. Anywhere.
Pyth Network is an oracle network built by some of the biggest names in traditional finance and DeFi, providing the infrastructure for DeFi to support reliable, institutional-grade market data oracles. Pyth is focused on continuous data originating off-chain and disseminating it at sub-second speeds, while maintaining advanced security.
Institutional-grade market data oracles are lacking in DeFi. Pyth is focused on finding a new and cheaper way to bring high-fidelity financial services data on-chain and aggregate it securely.
FTX, Alameda Research, and a consortium of other partners created the Serum Foundation and announced Serum, a new high-speed, non-custodial DEX that’s built on Solana. Serum is a complete, non-custodial decentralized exchange running on an on-chain central limit order book (CLOB) on Solana’s mainnet. Yep, you read that right. More specifically, Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users. Serum aims to resolve the traditional problems of DeFi: high gas costs, slow transactions, centralization, low capital efficiency, and liquidity segmentation. Serum is permissionless and seeks to decentralize the entire DeFi stack. Nothing will be left centralized. You can learn more about Serum on their website.
Raydium is an Automated Market Maker (AMM) and liquidity provider built on the Solana blockchain for the Serum Decentralized Exchange (DEX). Raydium has first-mover advantage as an AMM within Serum and it will be an integral part of bringing new and existing projects and protocols into the ecosystem. The protocol will be a bridge for projects looking to expand to Solana and Serum, and in the process Raydium and the RAY token will become a foundation for enabling further development with partners, its own platform, and the ecosystem as a whole.
Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit order book, meaning that Raydium LPs get access to the entire order flow and liquidity of Serum.
In the long term, Raydium aims to emerge as a leading protocol among AMMs and liquidity providers on Serum, while leveraging the power of Solana to drive the evolution of Decentralized Finance (DeFi).
The platform’s daily visitor volume exceeds 200k with every passing day, and it recorded more than 40k wallet connections each day. With the volume more than the combined volume of most ETH marketplaces, Magic Eden offers around 1,000 collections on the site, and the number is expanding with each passing day.
Magic Eden is the first such platform to introduce the features such as rarity index, bidding and the Launchpad. This is perhaps why it exceeded 50,000 SOL in daily transaction volume within a span of two weeks. Also, the platform offers local language capabilities such as Japanese, Vietnamese, Turkish and Korean.
2.Solanart
Solanart is the first NFT marketplace on Solana. Get quick, easy access to digital collectibles, and explore, buy, and sell NFTs from different collections and artists.
Solanart is the first NFT marketplace on Solana. Get quick, easy access to digital collectibles, and explore, buy, and sell NFTs from different collections and artists.
Features of SOLSEA:
- For the first time, creators can embed licenses directly in NFTs
- Sales of ALL Solana NFTs compatible with SPL token standard
- Calendar for future PFP and major NFT drops on Solana
- Minting of NFTs on the marketplace with traits/attributes
- Creation of Collections on-chain
- Public and Private listings
- Listing/Sales in different currencies (SOL, USDC, SRM, etc.)
- FTX-Pay integration
- Rarity index and traits ranking
- 3D viewer of NFTs
- Ultra-fast and cheap minting process
- Low-transaction cost
- Fast UI and UX with caching of NFTs