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Aleph.im integrates analytics tools into Serum DEX on Solana

Aleph.im integrates analytics tools into Serum DEX on Solana

The cross-chain network and decentralised index provider Aleph.im has announced the launch of Serum Markets for the leading DeFi protocol Serum on Solana, according to a press release.

“The deployment of Serum Markets will bring enormous benefits to the project’s ecosystem, allowing Serum to better analyse the huge data flow,” said representatives of Aleph.im.

According to them, users will gain access to a wide array of the platform’s data, including TVL, trading history, the number of active traders, maker and taker statistics, etc.

Serum is an Ethereum-interoperable decentralised exchange built on Solana. It runs on an on-chain order book.

TVL of Serum stands at $1.8 billion, according to DeFi Llama.

Earlier in September, Solana surpassed in market capitalization Dogecoin, Polkadot and other major projects. At the time of writing, the SOL token price was around $240, and the crypto asset ranked fifth in CoinGecko’s rankings.

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