KYD/SOL: Convert Cayman Islands Dollar (KYD) to Solana (SOL)

We're excited to release " The State of DEXs 2025 ," a comprehensive analysis that reflects on the evolving landscape of decentralized exchanges (DEXs) and their role in shaping the onchain economy. DEXs are rapidly evolving from alternative venues to become a central force in DeFi, driving innovation, accessibility and decentralization. Our report explores the critical challenges of liquidity and market structure, while examining how derivatives, AI integration (Crypto X AI) and the competitive dynamics between Solana and Ethereum are shaping the future of decentralized trading. This analysis aims to help onchain traders and builders navigate opportunities while understanding key technical and operational challenges ahead.

In the dynamic world of cryptocurrency trading, decentralized exchanges (DEXs) have emerged as powerful platforms for onchain trading. By eliminating the need for intermediaries, DEXs effectively offer users greater control and flexibility. Among these leading DEXs, a notable one that's been gaining traction in the is Raydium.

In crypto, not all orders are created equal. Market orders and swaps prioritize speed, executing your trade immediately at the best available price. While this approach works well in stable markets or highly-liquid assets, it can leave traders at the mercy of volatile price swings and slippage.

Following in the footsteps of Lido and the the bonus liquidity it provides, crypto users might be pleased to read that liquid staking has made its way on Solana in the form of Jito. As a liquid staking protocol operating on a stake pool model, Jito first caught attention when it announced a massive . Those tokens went to JitoSOL holders, Solana validators who used Jito Solana’s MEV clients, and users of Jito’s MEV services. This action seemed to breathe new life into Solana's ecosystem as total value locked (TVL) levels exponentially increased as more users got introduced to Jito.