Bonfida

It is the flagship Serum GUI and brings Solana Data analytics to the field. Bonfida API is used by some of the largest market makers in the space and has seen a growth of requests of 25% week over week.

FIDA is anticipated to hold the following utility:

95% of the net fees on Bonfida will be governed by the FIDA token and

could be used for buy/burns, etc.

FIDA will be used transactionally for:

FIDA staking will grant its holders:

Exclusive API endpoints and lower latency

Access to rare Solible markets

Advanced analytics

Bonfida will likely include a limited governance model based on the FIDA token. Some parameters such as product fees may be changed through a governance vote of FIDA tokens.

What is Bonfida (FIDA)?

Bonfida is a non-custodial DEX built on the Serum trading protocol and running on the Solana blockchain.

The project offers a complete set of products that help bridge the gap between Serum, Solana and the growing user base actively trading on Serum DEX.

What is special about Bonfida (FIDA)?

The Bonfida platform has an internal structure in which all transactions that occur in the online network of Serum are stored, which allows the exchange to provide data that is currently used by CoinMarketCap and Coingecko to provide their services.

This is the best product on the Serum GUI. The goal of the project is to make Bonfida a suitable solution that can replicate what prominent players in the Ethereum DeFi ecosystem can do.

Bonfida has also developed Solible, an online NFT store that allows users to purchase high-quality collectibles online.

The Bonfida API is currently used by some of the largest MM (market makers) in the crypto industry. Moreover, it has had quite impressive growth with a weekly increase in usage.