Aleph.im launches Serum Markets to better analyze huge data volumes

2021-11-5 16:01

Aleph.im, a decentralized indexing provider and cross-blockchain computing network, has launched Serum Markets to better analyze huge data volumes and funds from the various end-users of the ecosystem, Invezz learned from a press release. Serum is a top DeFi protocol on Solana (SOL/USD), which will also provide increased visibility for investors.

Enriching Solana’s analytics

The launch puts Aleph on par with the largest Solana DeFi ecosystem players. In the future, projects can connect to Project Serum’s data using aleph.im’s technology, thereby enriching the Solana DeFi analytics landscape.

Serum TVL is at $1.69B

Serum features a fully on-chain central limit order book that provides liquidity to traders. Its TVL currently stands at $1.69 billion. The new indexing solution will allow users to access trading history, historical DeFi trading data, and statistics on the makers and takers for extra insight and added visibility.

JHL, Project Serum contributing developer, said:

We’re excited to collaborate closely with aleph.im on their analytics and indexing solutions for Serum. It’s hard to overstate how important this kind of tooling is for ecosystem growth.

Jonathan Schemoul, founder of aleph.im, said:

We’re thrilled to extend our indexing solutions and analytics dashboards to Serum, the liquidity infrastructure protocol for dozens of DeFi programs built on the Solana blockchain, to offer users, traders and institutional investors increased visibility into the Solana DeFi ecosystem.

A viable alternative to centralized indexing

Aleph.im is a great alternative for projects that currently depend on centralized indexing solutions or do not use indexing at all because of how complicated it is on Solana. It requires an extremely fast internet connection, incurs high costs for physical hardware, and demands great computing power.

Among the multiple DeFi protocols on Solana that have already benefited from aleph.im’s decentralized indexing are Orca, Saber, and Raydium.

Replacing centralized cloud computing

Aleph.im is a distributed cloud platform with the mission to replace traditional centralized cloud computing by providing serverless indexing solutions, file storage, and trusted computing services.

Anyone can use aleph.im’s open API and GraphQL to populate the latest trades on Serum into research projects or DApps. Serum Market will provide end users with valuable information, enabling them to make wiser trading and investment decisions.

The post Aleph.im launches Serum Markets to better analyze huge data volumes appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Serum (SRM) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0511792
Капитализация $0 Rank 99999
Цена в час новости $ 7.7136 (-100%)

data huge aleph analyze volumes better serum

data huge → Результатов: 118


Grayscale’s Ethereum Trust Trading at Huge Premium, Shows YTD Returns of 679%

Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it. While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when investing in products with...

2020-6-4 17:37


Bitcoin Trading on LocalBitcoins Sees Huge Spike During Hong Kong’s Protests

Coindance’s data shows that there is a massive Bitcoin volume spike in Hong Kong with over $13 Million being traded just last month. ’ Given that China monitors its citizens through their spending habits, cryptocurrencies allow them to move to a different form of transferring value that is not controlled by the state. LocalBitcoins has […]

2019-10-3 18:18


Addresses sending funds to themselves cause total output value for Bitcoin to skyrocket

The past couple of days have seen the Bitcoin network go through a huge spike in transaction output activity, reaching almost 25 million BTC on Aug. 21. However, data from TokenAnalyst showed that this could be explained by a sudden rise in the number of addresses sending funds to themselves, with a single Bitcoin address […] The post Addresses sending funds to themselves cause total output value for Bitcoin to skyrocket appeared first on CryptoSlate.

2019-8-25 13:07


Data shows mainstream interest in Bitcoin is surging

Cryptocurrencies have grown from a niche market to a huge industry with a $230 billion market cap in less than a decade, but are yet to become a financial norm in a large part of the world. However, there has been a steady increase in the amount of recognition the industry gets, from organic Google […] The post Data shows mainstream interest in Bitcoin is surging appeared first on CryptoSlate.

2019-5-18 13:49


Фото:

Bitcoin Price Surge Sees Venezuela Hit Record Localbitcoins Highs

Bitcoin price highs last week had serious knock-on effects for some markets, with traders worldwide setting several new records. South America’s Record Bitcoin Trading Data from monitoring resource Coin Dance, which tracks volumes on P2P Bitcoin exchanges Localbitcoins, Paxful and Bisq, confirmed South America in particular saw huge amounts of fiat currency change hands during the seven days ending April 6.

2019-4-8 13:00


TAGZ ICO

TAGZ is Australia’s first fully licensed and regulated Dual Gateway Exchange based in Australia and registered with the Australian Securities and Investment Commission (ASIC). Our focus is to protect our users by actively monitoring trading activity on our platform and saying goodbye to flash crashes, pump & dumps, spoofing, fake volume aswell as securing against possible data security breaches.

2019-3-28 10:35


Фото:

Indonesia Follows Venezuela With Giant Localbitcoins Bitcoin Trading Surge

Indonesia Bitcoin traders have fled cryptocurrency exchanges to Localbitcoins in the week the government enacted anti-money laundering regulations for the industry. Volume Up 300 Percent In A Week Data from Coin Dance, which tracks weekly Localbitcoins volumes in various markets, confirms a huge spike for the seven days ending February 16.

2019-2-18 13:00


Liberals Love Immigration Unless Google or Amazon Wants to Move to Their Neighborhood

Why does the media keep reporting on Amazon, Google, and other tech giants building new offices and data centers as if their desire to expand is an affront to basic human decency? This article by Elizabeth Dwoskin at the Washington Post covers Google’s expansion into a new data center near Dallas, TX as if the author was a muckraker uncovering a dirty secret.

2019-2-18 00:30


Фото:

Just starting out in the cloud? 14 experts offer their advice

You’re unlikely to find a modern business that hasn’t heard of cloud computing — and many have already made the switch to hosting their data in the cloud. Being able to access your files anytime, anywhere and from any internet-connected device can be a huge boon for flexible work arrangements, plus it can greatly reduce IT and server equipment costs.

2019-2-8 17:00