titan Launches Beta Platform for solana Traders
Titan, Solana’s first meta-decentralized exchange aggregator, has unveiled its beta platform. This new tool offers private access to a select group of users. Titan aims to provide the best trading prices without fees by aggregating quotes from various DEX aggregators.
One of Titan’s standout features is Talos, a routing algorithm. According to Titan, Talos outperforms competitors 80% of the time. It analyzes more liquidity sources and optimizes trade execution. This helps reduce quote slippage, a common issue in on-chain swaps.
Chris Chung, Titan’s CEO, said, “Titan aims to provide DeFi traders with the best prices while simplifying the process. We’re upgrading crypto trading infrastructure to match conventional markets.”
Titan raised $3.5 million in a pre-seed round last September. The funding came from Round13 Digital Asset Fund and Beluga Labs.
Solana’s adoption is soaring alongside Titan’s launch. the network now has over 11 million wallets holding SOL. DEX trading volume hit a record $258 billion in January. Despite a market downturn, the stablecoin market cap on Solana has grown to $12.36 billion.
SOL’s price has been volatile. It peaked at $298.31 in January but dipped to $118 on March 11. As of now, it has rebounded to $133. Analysts predict SOL could reach $300 in the coming months due to rising institutional interest.
