Raydium Dominates Solana DeFi, Gas Fees Drop 80% As Meme Coin Activity Shifts
Source: Bitcoinist Decentralized Finance (DeFi) activity might be falling as of early September. According to DeFiLlama, all DeFi protocols spread across major blockchains like Ethereum and Solana manage roughly $77 billion worth of assets. Ethereum dominates in total value locked (TVL). Raydium Dominates Solana DeFi Scene While this might be the case, the Solana DeFi…