OpenBook [Solana]

    One of the aftereffects of the FTX meltdown for Solana was the need to fork (replace) Serum, the OG order book on Solana due to key control risk. The Solana defi community worked together to create OpenBook https://twitter.com/openbookdex. How has Solana defi responded to the risks that Serum suddenly presented and has there been any traction on Openbook so far? How has liquidity flowed through Solana defi? What programs seemed to be most affected by the replacement of Serum? Does it seem like defi on Solana is becoming more decentralized?

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    Acknowledgment and supplementary Information

    • I would like to show my sincere gratitude to the author of the following dashboard that helped me very much indeed to do my own analysis: *
    • Author: NSA2000
    • Twitter of the Author: @NSA2000C
    • Discord of the Author: NSA2000#5651
    • Data from FlipsideCrypto
    • Link to this dashboards tweet:

    These charts show the daily variation and distribution of the SRM token on Solana ecosystem before and after FTX/Alameda collapse according to the number of users.

    • The daily variation of the number of SRM token on Solana ecosystem according to the number of users before FTX/Alameda collapse is rather constant wit one spike on 5 Nov (122). But after FTX/Alameda collapse this trend is rather decreasing from 379 on 9 Nov to about 17 on 22Nov. This trend after FTX/Alameda collapse is rather fluctuating.
    • The total number of SRM token on Solana ecosystem according to the number of users before FTX/Alameda collapse is about 515 (16.1%), while this number increased to about 2.7K (83.9%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the SRM token on Solana ecosystem before and after FTX/Alameda collapse according to transactions number.

    • The daily variation of the number of SRM token on Solana ecosystem according to transactions number before FTX/Alameda collapse is rather increasing from 77 on 1 Nov to 192 on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 465 on 9 Nov to about 25 on 22 Nov. But the overall trend after FTX/Alameda collapse is fluctuating.
    • The total number of SRM token on Solana ecosystem according to transactions number before FTX/Alameda collapse is about 705 (14.3%), while this number increased to about 4.21K (85.7%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the SOL token on Solana ecosystem before and after FTX/Alameda collapse according to the number of users.

    • The daily variation of the number of SOL token on Solana ecosystem according to the number of users before FTX/Alameda collapse is rather increasing from 6.8K on 1 Nov to 9.7K on 7 Nov. But after FTX/Alameda collapse this trend is rather decreasing from 21.3K on 8 Nov to about 2.2K on 22Nov.
    • The total number of SOL token on Solana ecosystem according to the number of users before FTX/Alameda collapse is about 58.1K (28.8%), while this number increased to about 143.4K (71.2%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the SOL token on Solana ecosystem before and after FTX/Alameda collapse according to transactions number.

    • The daily variation of the number of SOL token on Solana ecosystem according to transactions number before FTX/Alameda collapse is rather increasing from 19.25K on 1 Nov to 38K on 7 Nov. After FTX/Alameda collapse this trend is also significantly increasing from 60.8K on 8 Nov to about 90K on 20 Nov. But the overall trend after FTX/Alameda collapse is fluctuating and this number decreased to about 8.1K on 22 Nov.
    • The total number of SOL token on Solana ecosystem according to transactions number before FTX/Alameda collapse is about 191.6K (18.7%), while this number increased to about 832.7K (81.3%) after FTX/Alameda collapse.

    These charts show the daily average number of transactions and users as well as new users on Serum before and after FTX/Almeda collapse.

    • The daily average number of transactions on Serum before FTX/Alameda collapse is about 4.7M, while this number decreased to about 665K after FTX/Alameda collapse.
    • The daily average number of users on Serum before FTX/Alameda collapse is about 2.9K, this number remains almost constant after FTX/Alameda collapse.
    • The daily average number of new users on Serum before FTX/Alameda collapse is about 524, this number increases to about 617 after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the liquidity volume on Serum before and after FTX/Alameda collapse.

    • The daily variation of the liquidity volume on Serum before FTX/Alameda collapse is rather increasing from 8.62B on 1 Nov to 10.42B on 7 Nov. But after FTX/Alameda collapse this trend is significantly decreasing from 6.67B on 8 Nov to about 26.6K on 22 Nov.
    • The total liquidity volume on Serum before FTX/Alameda collapse is about 58.3B (84.6%), while this number decreased to about 1.05B (15.4%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of new users on Serum before and after FTX/Alameda collapse.

    • The daily variation of the number of new users on Serum before FTX/Alameda collapse is rather increasing from 339 on 1 Nov to 847 on 7 Nov. But after FTX/Alameda collapse this trend is significantly decreasing from 1.7K on 8 Nov to about 24 on 22 Nov.
    • The total number of new users on Serum before FTX/Alameda collapse is about 9.3K (71.6%), while this number decreased to about 3.7K (28.4%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of users on Serum before and after FTX/Alameda collapse.

    • The daily variation of the number of users on Serum before FTX/Alameda collapse is rather increasing from 2.5K on 1 Nov to 3.5K on 7 Nov. But after FTX/Alameda collapse this trend is significantly decreasing from 5.3K on 8 Nov to about 111 on 22 Nov.
    • The total number of users on Serum before FTX/Alameda collapse is about 42.6K (67.9%), while this number decreased to about 20.2K (32.1%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of transactions on Serum before and after FTX/Alameda collapse.

    • The daily variation of the number of transactions on Serum before FTX/Alameda collapse is rather constant with fluctuations. But after FTX/Alameda collapse this trend is significantly decreasing from 4.27 M on 8 Nov to about 951 on 22 Nov.
    • Total number of transactions on Serum before FTX/Alameda collapse is about 33.2M (76.9%), while this number decreased to about 9.97M (23.1%) after FTX/Alameda collapse.
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    Summary

    • This dashboard aims to investigate the OpenBook success in tractions after the replacement of Serum and the response of the Solana DeFi to the risks presented by serum.
    • The daily variation of the number of transactions on Serum before FTX/Alameda collapse is rather constant with fluctuations. But after FTX/Alameda collapse this trend is significantly decreasing from 4.27 M on 8 Nov to about 951 on 22 Nov.
    • Total number of transactions on Serum before FTX/Alameda collapse is about 33.2M (76.9%), while this number decreased to about 9.97M (23.1%) after FTX/Alameda collapse.
    • The daily variation of the number of new users on Serum before FTX/Alameda collapse is rather increasing from 339 on 1 Nov to 847 on 7 Nov. But after FTX/Alameda collapse this trend is significantly decreasing from 1.7K on 8 Nov to about 24 on 22 Nov.
    • The total number of new users on Serum before FTX/Alameda collapse is about 9.3K (71.6%), while this number decreased to about 3.7K (28.4%) after FTX/Alameda collapse.
    • The daily variation of the number of OpenBook transactions increased from 4 on 12 Nov to 587.61K on 21 Nov.
    • The daily variation of the number of OpenBook users increased from 4 on 12 Nov to 422 on 21 Nov.
    • The daily variation of the liquidity volume on Serum before FTX/Alameda collapse is rather increasing from 8.62B on 1 Nov to 10.42B on 7 Nov. But after FTX/Alameda collapse this trend is significantly decreasing from 6.67B on 8 Nov to about 26.6K on 22 Nov.
    • The total liquidity volume on Serum before FTX/Alameda collapse is about 58.3B (84.6%), while this number decreased to about 1.05B (15.4%) after FTX/Alameda collapse.
    • The daily variation of liquidity volume on OpenBook increased from 9.94K 261.57 on 12 Nov to 587.61K on 21 Nov. However, its overall trend is fluctuating.
    • As far as the daily variation and distribution of the liquidity volume on Solana for different DeFi programs are concerned Serum has the upper hand among Defi Programs by far (68.9B, 98.6%).
    • The daily variation of the liquidity volume on Solana for different DeFi programs before FTX/Alameda collapse rather increased from 1 Nov to 9 Nov (Especially for Serum). But after FTX/Alameda collapse (9 Nov) this trend is significantly decreasing.
    • The distribution of the number of new users on Solana for different DeFi programs before FTX/Alameda collapse is about 58.6B (83.9%), while this number decreased to about 1.1B (316.10.6%) after FTX/Alameda collapse.
    • The daily variation of the number of SRM token on Solana ecosystem according to transactions number before FTX/Alameda collapse is rather increasing from 77 on 1 Nov to 192 on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 465 on 9 Nov to about 25 on 22 Nov. But the overall trend after FTX/Alameda collapse is fluctuating.
    • The total number of SRM token on Solana ecosystem according to transactions number before FTX/Alameda collapse is about 705 (14.3%), while this number increased to about 4.21K (85.7%) after FTX/Alameda collapse.
    • The daily variation of the number of swap volume on Solana before FTX/Alameda collapse is rather increasing from 18.7M on 1 Nov to about 57.7M on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 308M on 8 Nov to about 5.16M on 22 Nov.
    • Total number of swap volume on Solana before FTX/Alameda collapse is about 286.6M (20.1%), while this number increased to about 1.14B (79.9%) after FTX/Alameda collapse.
    • As far as the daily variation and distribution of the Solana wormhole bridge transactions volume for different bridged assets is concerned, usd coin (from ETH) has the upper hand by far among the most popular bridged assets (1.5B, 96.3%).
    • The daily variation of the Solana wormhole bridge transactions volume for different bridged assets before FTX/Alameda collapse rather increased from 1 Nov to 17 Nov. But after FTX/Alameda collapse (18 Nov) this trend is significantly decreasing.
    • The distribution of the Solana wormhole bridge transactions volume for different bridged assets before FTX/Alameda collapse constitutes only 1.41% share, while this share increased to about 98.6% (1.54B) after FTX/Alameda collapse.
    • The daily variation of the Solana stake/unstake transactions volume before FTX/Alameda collapse shows a rather fluctuating trend. But after FTX/Alameda collapse (8 Nov) the max volume is recorded on 10 Nov.
    • The distribution of the Solana stake/unstake transactions volume is about 2.5M (48.6%) and 2.7M (51.4%), respectively.
    • The distribution of the Solana stake/unstake transactions volume before FTX/Alameda collapse is about 820.5K (15.8%), while this number increased to about 4.4M (84.2%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana transactions volume according to the stake and unstake actions before and after FTX/Alameda collapse.

    • The daily variation of the Solana stake/unstake transactions volume before FTX/Alameda collapse shows a rather fluctuating trend. But after FTX/Alameda collapse (8 Nov) the max volume is recorded on 10 Nov.
    • The distribution of the Solana stake/unstake transactions volume is about 2.5M (48.6%) and 2.7M (51.4%), respectively.
    • The distribution of the Solana stake/unstake transactions volume before FTX/Alameda collapse is about 820.5K (15.8%), while this number increased to about 4.4M (84.2%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of swap volume on Solana before and after FTX/Alameda collapse.

    • The daily variation of the number of swap volume on Solana before FTX/Alameda collapse is rather increasing from 18.7M on 1 Nov to about 57.7M on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 308M on 8 Nov to about 5.16M on 22 Nov.
    • Total number of swap volume on Solana before FTX/Alameda collapse is about 286.6M (20.1%), while this number increased to about 1.14B (79.9%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of swap users on Solana before and after FTX/Alameda collapse.

    • The daily variation of the number of swap users on Solana before FTX/Alameda collapse is rather increasing from 9.5K on 1 Nov to about 12.7K on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 26.9K on 9 Nov to about 2.7K on 22 Nov.
    • Total number of swap users on Solana before FTX/Alameda collapse is about 77.9K (29.3%), while this number increased to about 187.5K (70.7%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of swap transactions on Solana before and after FTX/Alameda collapse.

    • The daily variation of the number of swap transactions on Solana before FTX/Alameda collapse is rather increasing from 86.12K on 1 Nov to about 225.65K on 7 Nov. After FTX/Alameda collapse this trend is decreasing from 441.7K on 8 Nov to about 54.9K on 22 Nov.
    • Total number of swap transactions on Solana before FTX/Alameda collapse is about 1.1M (17%), while this number increased to about 5.44M (83%) after FTX/Alameda collapse.
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    These charts show the daily variation of the number of OpenBook transactions and users.

    • The daily variation of the number of OpenBook transactions increased from 4 on 12 Nov to 587.61K on 21 Nov.
    • The daily variation of the number of OpenBook users increased from 4 on 12 Nov to 422 on 21 Nov.

    These charts show the cumulative daily variation of the number of OpenBook users as well as the daily variation of the number of OpenBook new users.

    • The total number of OpenBook users is about 1390.
    • The daily variation of the number of new OpenBook users increased from 4 on 12 Nov to 233 on 21 Nov.

    These charts show the daily variation and distribution of the number of transactions on Solana for different DeFi programs before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the number of transactions on Solana for different DeFi programs is concerned, Serum, Zeta, and Jupiter are the top 3 most popular Defi Programs.
    • The daily variation of the number of transactions on Solana for different DeFi programs before FTX/Alameda collapse rather increased from 1 Nov to 7 Nov. But after FTX/Alameda collapse (8 Nov) this trend is significantly decreasing.
    • The distribution of the number of transactions on Solana for the top 3 most popular Defi Programs e. g. Serum, Zeta, and Jupiter is about 45.24M (59%), 10.8M (14.1%), and 5.4M (7.02%), respectively.
    • The distribution of the number of transactions on Solana for different DeFi programs before FTX/Alameda collapse is about 47.7M (62.2%), while this number decreased to about 30M (37.8%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of users on Solana for different DeFi programs before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the number of users on Solana for different DeFi programs is concerned, Jupiter, Serum, and Solend are the top 3 most popular Defi Programs.
    • The daily variation of the number of users on Solana for different DeFi programs before FTX/Alameda collapse rather increased from 1 Nov to 9 Nov. But after FTX/Alameda collapse (9 Nov) this trend is significantly decreasing.
    • The distribution of the number of users on Solana for the top 3 most popular Defi Programs e. g. Jupiter, Serum, and Solend is about 187.8K (58.8%), 67.8K (21.2%), and 18.06K (5.66%), respectively.
    • The distribution of the number of users on Solana for different DeFi programs before FTX/Alameda collapse is about 221.61K (69.4%), while this number decreased to about 97.5K (30.6%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the number of new users on Solana for different DeFi programs before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the number of new users on Solana for different DeFi programs is concerned, Jupiter, Serum, and Solend are the top 3 most popular Defi Programs.
    • The daily variation of the number of new users on Solana for different DeFi programs before FTX/Alameda collapse rather increased from 1 Nov to 9 Nov. But after FTX/Alameda collapse (9 Nov) this trend is significantly decreasing.
    • The distribution of the number of new users on Solana for the top 3 most popular Defi Programs e. g. Jupiter, Serum, and Solend is about 65.8K (71.1%), 14.6K (15.8%), and 2.7K (2.93%), respectively.
    • The distribution of the number of new users on Solana for different DeFi programs before FTX/Alameda collapse is about 221.61K (69.4%), while this number decreased to about 97.5K (30.6%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the liquidity volume on Solana for different DeFi programs before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the liquidity volume on Solana for different DeFi programs are concerned Serum has the upper hand among Defi Programs by far (68.9B, 98.6%).
    • The daily variation of the liquidity volume on Solana for different DeFi programs before FTX/Alameda collapse rather increased from 1 Nov to 9 Nov (Especially for Serum). But after FTX/Alameda collapse (9 Nov) this trend is significantly decreasing.
    • The distribution of the number of new users on Solana for different DeFi programs before FTX/Alameda collapse is about 58.6B (83.9%), while this number decreased to about 1.1B (316.10.6%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana wormhole bridge transactions for different bridged assets before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the Solana wormhole bridge transactions for different bridged assets is concerned, wrapped bnb, wrapped lido dao token, and avax are the top 3 most popular bridged assets.
    • The daily variation of the Solana wormhole bridge transactions for different bridged assets before FTX/Alameda collapse rather increased from 1 Nov to 7 Nov. But after FTX/Alameda collapse (8 Nov) this trend is significantly decreasing.
    • The distribution of the Solana wormhole bridge transactions for top 3 most popular bridged assets e. g. wrapped bnb, wrapped lido dao token, and avax is about 14.42K (30.9%), 9.7K (20.9%), and 8.3K (17.8%), respectively.
    • The distribution of the Solana wormhole bridge transactions for different bridged assets before FTX/Alameda collapse is about 18.8K (33.8%), while this number increased to about 31K (66.2%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana wormhole bridge users for different bridged assets before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the Solana wormhole bridge users for different bridged assets is concerned, usd coin (from ETH), wrapped ether, and busd token (from bsc) are the top 3 most popular bridged assets.
    • The daily variation of the Solana wormhole bridge users for different bridged assets before FTX/Alameda collapse rather increased from 1 Nov to 10 Nov. But after FTX/Alameda collapse (10 Nov) this trend is significantly decreasing.
    • The distribution of the Solana wormhole bridge users for top 3 most popular bridged assets e. g. usd coin (from ETH), wrapped ether, and busd token (from bsc) is about 955 (33.3%), 655 (22.9%), and 125 (4.36%), respectively.
    • The distribution of the Solana wormhole bridge users for different bridged assets before FTX/Alameda collapse is about 321 (11.2%), while this number increased to about 2.5K (88.8%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana wormhole bridge transactions volume for different bridged assets before and after FTX/Alameda collapse.

    • As far as the daily variation and distribution of the Solana wormhole bridge transactions volume for different bridged assets is concerned, usd coin (from ETH) has the upper hand by far among the most popular bridged assets (1.5B, 96.3%).
    • The daily variation of the Solana wormhole bridge transactions volume for different bridged assets before FTX/Alameda collapse rather increased from 1 Nov to 17 Nov. But after FTX/Alameda collapse (18 Nov) this trend is significantly decreasing.
    • The distribution of the Solana wormhole bridge transactions volume for different bridged assets before FTX/Alameda collapse constitutes only 1.41% share, while this share increased to about 98.6% (1.54B) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana transactions according to the stake and unstake actions before and after FTX/Alameda collapse.

    • The daily variation of the Solana stake/unstake transactions before FTX/Alameda collapse rather increased from 1 Nov to 10 Nov. But after FTX/Alameda collapse (10 Nov) this trend is significantly decreasing.
    • The distribution of the Solana stake/unstake transactions is about 6.5K (61.9%) and 4K (38.1%), respectively.
    • The distribution of the Solana stake/unstake transactions before FTX/Alameda collapse is about 1.8K (17.4%), while this number increased to about 8.7K (82.6%) after FTX/Alameda collapse.

    These charts show the daily variation and distribution of the Solana users according to the stake and unstake actions before and after FTX/Alameda collapse.

    • The daily variation of the Solana stake/unstake users before FTX/Alameda collapse rather increased from 1 Nov to 10 Nov. But after FTX/Alameda collapse (10 Nov) this trend is significantly decreasing.
    • The distribution of the Solana stake/unstake users is about 3.7K (61.2%) and 2.4K (38.8%), respectively.
    • The distribution of the Solana stake/unstake users before FTX/Alameda collapse is about 1.2K (18.9%), while this number increased to about 5K (81.1%) after FTX/Alameda collapse.
    • The total number of OpenBook users is about 1390.
    • The daily variation of the number of new OpenBook users increased from 4 on 12 Nov to 233 on 21 Nov.

    Introduction

    Solana (CRYPTO:SOL) is a blockchain platform known for its speed and efficiency. SOL tokens are its native cryptocurrency and are used to pay its transaction fees. Since launching in 2017, Solana has grown to become one of the largest cryptocurrencies in the world. Because the Solana blockchain has smart contract capability, developers can use it to build decentralized apps (dApps). Its strong growth has helped establish it as a rival to other major programmable blockchains, including Ethereum (CRYPTO:ETH) and Cardano (CRYPTO:ADA). Solana is in a competitive marketplace, but there are several reasons to be bullish on it. Read on for a detailed guide to Solana to learn more and decide if you should invest.

    The biggest draws of Solana are its fast and cheap transactions. It's reportedly able to handle 65,000 transactions per second, and the average cost per transaction is $0.00025. Solana is able to do that because it uses proof of history, a unique algorithm to validate transactions. Most blockchains use either a proof-of-work or proof-of-stake consensus mechanism, with proof of stake being the more efficient option. Solana uses a hybrid protocol that combines proof of stake with proof of history for even faster processing. As far as what Solana does, it's an open-source blockchain, which means that developers can use it in a variety of ways. Here are a few examples of what can be done on the Solana ecosystem: Minting, selling, and trading non-fungible tokens (NFTs). Developing decentralized finance (DeFi) platforms, such as decentralized crypto exchanges. Building blockchain games, including Web3 games, and partnerships with big-name companies such as FTX, Lightspeed (NYSE:LSPD), and Forte. One of the most exciting developments with Solana has been Solana Pay, a free-to-use payments framework. It allows merchants to accept payments directly from customers through the Solana network. Payments are made in stablecoins such as USD Coin (CRYPTO:USDC) that are designed to maintain a stable price. By using Solana Pay, businesses can avoid high payment processing fees.

    Serum is a decentralized exchange software built on Solana where cryptocurrencies can be bought and sold by traders. If you’re unfamiliar, Solana is a blockchain platform that aims to increase user scalability through faster transaction settlement times. By being deployed on Solana, Serum can fully benefit from the speed and cost effectiveness of transactions settled on its blockchain. Central to Serum’s design is a decentralized orderbook run by smart contracts that aims to mirror traditional exchanges by matching buyers and sellers. This gives participants flexibility with pricing and order sizes when they submit orders to Serum, giving them full control over their trading. In this way, Serum is intended to operate a new kind of decentralized exchange that intends to rival those built using an automated market maker (AMM) such as Uniswap, Sushi and Bancor. Further, Serum offers cross-chain support, meaning that traders can trade tokens built on other platforms like Ethereum or Polkadot. Existing decentralized finance (DeFi) projects can also access Serum’s features and liquidity, regardless of which blockchain they are built on. Serum’s utility token, SRM, enables holders to receive up to a 50 percent discount on their trade fees and stakers to vote and participate in the platform’s governance mechanism. Those wishing to stay connected on the currency development of Serum can bookmark its blog for up-to-date details. [] []

    Methodology

    The following tables in this dashboard are employed in order to obtain data:

    • solana.core.fact_events
    • solana.fact_swaps
    • solana.core.fact_transfers
    • solana.core.fact_transactions
    • solana.core.dim_labels
    • solana.core.fact_swaps
    • solana.core.fact_stake_pool_actions

    Aim of this analysis:

    This dashboard aims to investigate the OpenBook success in tractions after the replacement of Serum and the response of the Solana DeFi to the risks presented by serum. It must be notified that the need to replacing serum was one of the aftereffects of the FTX/Alameda collapse for Solana. FTX/Alameda collapsed on 8 Nov, therefore two period before and after 8 Nov has been considered for before and after FTX/Alameda collapse, respectively. It is worth mentioning that OpenBook launched on 12th November. This investigation is carried out for a period of the 1st of the Nov to the present time.

    Important notes:

    Serum Legacy Program IDs on Solana is as follows:

    • 9xQeWvG816bUx9EPjHmaT23yvVM2ZWbrrpZb9PusVFin

    • EUqojwWA2rd19FZrzeBncJsm38Jm1hEhE3zsmX3bRc2o

    • 4ckmDgGdxQoPDLUkDT3vHgSAkzA3QRdNq5ywwY4sUSJn

    • BJ3jrUzddfuSrZHXSCxMUUQsjKEyLmuuyZebkcaFp2fg

      OpenBook Program ID on Solana is:

    • srmqPvymJeFKQ4zGQed1GFppgkRHL9kaELCbyksJtPX

    Results and discussion

    This chart shows the daily variation of the liquidity volume on OpenBook. The daily variation of liquidity volume on OpenBook increased from 9.94K 261.57 on 12 Nov to 587.61K on 21 Nov. However, its overall trend is fluctuating.