🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Pine Analytics: Solana's Decentralized Finance ecosystem has shifted from public, passive liquidity pools to private execution DEX.
Wu learned that Pine Analytics published an article pointing out that Solana's DeFi ecosystem has shifted from public, passive liquidity pools to private execution DEXs (such as SolFi, Obric v2, ZeroFi). These protocols, which have no frontend and no public pools, handle 40-60% of the volume through the Jupiter aggregator, relying on internal vaults and oracle pricing, providing efficient execution but sacrificing composability. The main trading assets are: USDC/USDT and SOL trading pairs, with SolFi occasionally involving new meme coins. Solana's current architecture (single leader, MEV auction) makes public quotes vulnerable, while private vaults have more advantages. However, recently Anza and Solana Labs have published plans for upgrades (multiple parallel leaders, elimination of priority sorting, application-level execution control), which may reduce the advantages of private DEXs.