The founder of Solend, a lending platform based on Solana SOL 4.34%, tweeted that STEPN’s decentralized trading platform DOOAR surpassed Orca to become the largest DEX on Solana.
STEPN launched DOOAR in mid-June, allowing these users to provide liquidity in their native tokens (GST/USDC or GMT/USDC).
According to Dune data, DOOAR has about 77,000 daily active users. The STEPN app had 800,000 daily active users as of Thursday, said Shiti Maghani, STEPN’s chief marketing officer.