A separate story — hacks. Over the past month, there have been so many that the market couldn't ignore them. An old problem has resurfaced: vulnerabilities in smart contracts. And for many DEXs, this looks like a high-risk zone.Most often, liquidity pools are targeted. A bug in the code simply results in funds being withdrawn. Such cases quickly damage trust. The main outflow was in EVM networks, including Ethereum. But the situation isn't the same everywhere.Solana, for example, held up better. Yes, it didn't offset the overall decline, but it diverged from the general trend. There, the leader changed: Meteora surpassed Raydium and PumpSwap in volume.Partially, this is explained by the active issuance of USDC, which supported liquidity in pools. Plus, an important point — the absence of high-profile hacks. Against the backdrop of problems in other networks, this played into trust, and some traders stayed.

ETH1.71%
SOL0.74%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin