Bonfida update: FIDA Live price, price chart, news and markets

The FIDA price update as of now is $0.2131. In the previous 24 hours, its trading volume was $11,265,571, and its value has increased by 0.92%. As of now, FIDA's live market cap is $211,128,170, and it is ranked as the #243 on the Coincu. FIDA has a circulating supply of 990,911,984 and a maximum supply of 990,911,984.

The desire to connect users to the DeFi world more easily has led to the launch of numerous decentralized projects. One project that stands out in this regard is Bonfida, which has ambitious development goals.

Bonfida: Revolutionizing Decentralized Trading on the Solana Blockchain

Bonfida is a decentralized trading solution that operates on the Solana blockchain's Serum platform. It aims to bridge the gap between Serum, Solana, and users, making it easier for them to access these platforms.

Bonfida is the first and foremost Serum GUI that acts as a gateway for users to access Serum effortlessly. It has also gained popularity among significant market makers in the industry, with its API experiencing a weekly request growth of 25%.

Key Characteristics of Bonfida

Bonfida's Aim: Emulating the Ethereum DeFi Ecosystem

Bonfida aims to provide a customized solution that replicates the standout features of the Ethereum DeFi ecosystem. It is considered the top-quality product in the Serum GUI category. Bonfida's platform has a robust backend structure that securely stores every on-chain transaction occurring on Serum. Additionally, Bonfida facilitates the exchange of data that is currently being used by CoinMarketCap and Coingecko.

Moreover, Bonfida offers several advantages:

• Rapid transaction speed, enabling tens of thousands of transactions per second.
• Low transaction fees, approximately 0.01 USD.
• Potential for scalability.
• Swift and efficient handling of user operations.

Unique Selling Points of Bonfida

• Bonfida Serum GUI: The Optimal Choice for Trading on Serum.
  Bonfida DEX delivers exceptional functionality and user experience. It maintains its position as the most widely used DEX on Serum and offers features such as an internal wallet, SOL airdrops for beginners, and more.
• Serum API: Comprehensive Repository of Serum Transactions.
  Bonfida's API has already been utilized by Coingecko, CoinMarketCap, and numerous market makers in the industry. The API will continue to expand, providing users with an experience similar to that of centralized exchanges (CEX).
• Serum Dashboard: All-in-One System for the Serum Ecosystem.
  This includes Serum GUI, Swap, Loan/Lending, and Staking.
• Bonfida Bots: On-Chain Trading Bots for Serum.
  Users will have the capability to automate their strategies using technical indicators.
• Solible: Solana's NFT Homepage.
  Solible serves as an NFT exchange built on top of Solana and Serum.

: Bonfida Stories