DEX
Solana’s Institutional and Retail Plumbing Upgrade: Coinbase DEX, Sovereign TER, and On‑Chain Funds
Late‑2025 upgrades on Solana — Coinbase’s in‑app DEX, Bhutan’s gold token TER, and a State Street/Galaxy/Ondo on‑chain fund — redraw the map for tokenization, liquidity, custody, and UX. This guide assesses practical implications for product leaders and institutional allocators.
Published at 2025-12-11 14:56:42
What Pacifica’s Rise Means for Solana Perps: Order Flow, Liquidity and SOL Price Support
Pacifica overtook Jupiter as the top Solana perpetual DEX — a shift that changes where leverage and liquidity concentrate. This analysis unpacks the implications for order flow, liquidity fragmentation, and technical price support around SOL’s $145–$155 demand zone.