💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
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Minimum 80 words
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Include CandyDrop or Launchpool participation screenshot
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🥇 1st
Saros and Pump.fun explode TVL on Solana, driving DeFi into a new acceleration cycle
The TVL of Saros has skyrocketed by 411% in the past 30 days, indicating a surge in DeFi activity on Solana. Research from the Journal of Financial Technology has previously shown that optimal yield strategies can help TVL increase by up to 300% when market liquidity is high — this suggests that Saros's innovative yield aggregation model could be a key driving factor.
At the same time, Pump.fun recorded a TVL increase of up to 472%, reflecting the memecoin frenzy that is enveloping the Solana ecosystem. However, the rapid increase has also raised concerns about sustainability, in the context of ecosystems that have a history of "rug-pull". The updated data on June 6, 2025, shows a clear acceleration trend compared to the 6 billion USD TVL at the beginning of 2024 for Solana.