Decentralized Indexing Supplier Aleph.im Launches Serum Markets Analytics – Defi Bitcoin Information

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Crypto advocates and market watchers can now gain an insight into the liquidity infrastructure ecosystem of Solana and Serum via the analysis and decentralized indexing provider Aleph.im. The Cross-Blockchain Computing Project says the launch of Serum Markets “will help bring valuable trading data to the surface via Project Serum”.

Aleph.im adds project serum support

In the final quarter of the year, the Solana (SOL) protocol and its native asset saw significant growth. Over the past three months, SOL has gained a massive 542% and its market cap has moved into the top ten crypto markets by capitalization. Today, SOL holds the fourth largest market position with a total market valuation of $ 72 billion. On November 4th, cross-blockchain computing and decentralized indexing provider Aleph.im announced that it is now offering analytical insights into Project Serum.

Serum is a Solana protocol that strengthens the liquidity infrastructure and enables decentralized applications (dapps) to access the Solana blockchain. The Serum website states that the decentralized funding protocol brings “unprecedented speed and low transaction costs” (defi). Adding Serum Markets to Aleph.im will benefit the ecosystem, says the Aleph.im team as it will help to gain insights into valuable data.

“The introduction of Serum Markets will benefit the Project Serum ecosystem tremendously as it enables Serum to better analyze the vast influx of data and money from its various end users and give investors better insight into one of the largest players in the Solana deficit. Ecosystem. ”Details on the announcement by Aleph.im. “In the future, projects will be able to connect to data from Project Serum using Aleph.im’s technology to enrich the Solana Def Analytics landscape.”

‘Increased Visibility of the Solana Defi Ecosystem’

At press time, there is now more than $ 250 billion in Total Value Locked (TVL) on various blockchains. Solana has the third largest defibrillation TVL at $ 14.63 billion, up 15.9% over the past seven days. Today Serum has $ 5.06 billion in TVL and $ 6.82 billion in seven-day trading volume. The new findings from Aleph.im will provide functions such as TVL, trade history (OHLCV), the daily number of active users as well as “searchable data on specific market addresses, open order accounts and owner addresses”.

“We are very excited to expand our indexing solutions and analytics dashboards to Serum, the liquidity infrastructure protocol for dozens of Defi programs based on the Solana blockchain, to give users, traders and institutional investors better insight into the Solana Defi ecosystem to offer, ”said Jonathan Schemoul, the founder of Aleph.im said in a statement to Bitcoin.com News.

Cryptocurrency analytical data was a hot commodity in 2021, and many of the companies that provide these statistics have raised millions of dollars. Companies like Skew.com, Coin Metrics, Messari, Dune Analytics, Defillama, Dappradar, Nonfungible.com, and others are seeing significant demand. As for Serum Insights, Aleph.im explains its open API and GraphQL can also be used to “add the latest Serum trades to your dapps or research projects”.

What do you think of Aleph. Adding Insights to Serum? Let us know what you think on this matter in the comments below.

Tags in this story

Addresses, Aleph.im, Aleph.im analytics, Aleph.im Projekt, Analytics, Daten, DeFi, Defi Data, Jonathan Schemoul, Liquidity, Metrics, Pairs, Project Serum, Serum, SOL, Solana, Solana Defi, Commerce, User

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