i just discovered that there are solana tokens that i can swap my sol. does it make sense to swap some sol to these tokens? if yes, how to research growth potential of these tokens?
i just discovered that there are solana tokens that i can swap my sol. does it make sense to swap some sol to these tokens? if yes, how to research growth potential of these tokens?
Not financial advise. For defi on Solana see defillama website. There you can see Marinade Finance performance (such as TVL and volume) as well as the performance of other defi coins on the Solana blockchain. How to purchase these coins if not available on the centralized exchange? One easy way to purchase MNDE, ORCA or some other defi coin after your own due diligence, is using the phantom wallet swap function. So here is the scenario: deposit sol to phantom wallet, swap some of the deposited SOL for the selected coin.