Week #65

Aldrin
2 min readNov 18, 2022

Fellow RINegades, Aldrinauts, Explorers, Pioneers, and everyone,
The Week in Review is here!

Sixty five weeks ago Aldrin was launched. We are fully transparent with what’s been happening. The market conditions are not good, but here we are building and shipping…

  • $5,025,213 were traded on our AMM this week.

You know the math: +Volume = +Rewards for RIN stakers and liquidity providers.

  • Cumulative trading volume.

As of November 17 2022 (inclusive), our cumulative trading volume is $1,806,580,283. $2 billion incoming!

  • RIN staking.

42.56% of RIN circulating supply is currently locked in staking earning passive income with a 15.54% APY.

  • Serum Fork.

This week we saw what happened with Serum and we immediately took action.

As we realized the community fork of Serum would still use SRM and MSRM tokens, we decided to keep pushing forward. These tokens might also be considered compromised from our perspective because of the mint authority, as we wrote on our thread.

We got in touch with Anatoly, Solana’s co-founder. We decided to launch our own CLOB, although we are still available to assist with the community fork.

We are launching the order book with RIN tokens, maker rebates have also been added. An API will be developed along with other features.

https://twitter.com/Aldrin_Exchange/status/1591800374242983936

  • Aldrin Ecosystem.

Everything you see here is in the works and if you can picture all the synergies you’ll realize what we’re building here.
As we usually say — we’re aiming for the top!

  • Bug fixes, bug fixes.

The best UX/UI is always a priority. The team is constantly looking for little bugs to deliver the best, and only the best to you.

We would like to tell you everything, but you know we can’t do that. Make sure you stay tuned for more:

See you next week!

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Aldrin’s mission is to simplify DeFi and create powerful tools to help all traders succeed, leading to more equality. aldrin.com