Bonfida (FIDA)

More and more decentralized projects are launched with the desire to connect users to the DeFi door more easily. One of the outstanding projects is Bonfida with many development ambitions.

What is Bonfida?

Bonfida is a decentralized trading solution built on the Serum platform of the Solana blockchain. The project promises to help bridge the gap between Serum, Solana and users.

Bonfida is the first and leading Serum GUI that can act as a bridge to help users access Serum more easily. The project's API - application programming interface - has also been used by some of the biggest market makers in the field and has seen 25% weekly request growth.

Outstanding features

What is the project trying to achieve?

Bonfida's goal is to be a tailored solution that can replicate what stands out in the Ethereum DeFi ecosystem that players can do. This is considered the top product on Serum GUI. Bonfida's platform has a backend structure that stores every transaction that occurs on Serum's online on-chain. At the same time, Bonfida also allows the exchange to provide data currently used by CoinMarketCap and Coingecko.

At the same time, Bonfida also possesses a number of advantages as follows:

• Super fast transaction speed: tens of thousands of transactions per second.
• The transaction fee is low, about 0.01 USD.
• Potential scalability.
• Handle user operations quickly and efficiently.

What is unique selling point?

• Bonfida Serum GUI: first choice to trade on Serum.
  Bonfida DEX will provide traders with the best functionality and experience, as well as maintain its position as the most used DEX Serum, including internal wallet, SOL airdrop for beginners, and more.
• Serum API: single repository of all Serum transactions, already used by Coingecko, CoinMarketCap and many market makers in the field, Bonfida API will continue to expand and provide users with Connect a CEX-like experience.
• Serum Dashboard: all components of Serum ecosystem in one system including Serum GUI, Swap, Loan/Lending and Staking.
• Bonfida Bots: build and register on-chain trading bots for Serum. This will allow users to automate their strategy with technical indicators.
• Solible: Solana's NFT homepage. Solible is an NFT exchange built on top of Solana and Serum.

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