DeFi· ★★★· neutral·

Solana's Orca merges with Loopscale to form Formation

  • —Orca and Loopscale merged into a single entity, Formation
  • —The new project targets financing for AI, energy, robotics and defense
  • —Orca is a major DEX protocol in the Solana ecosystem
Why it matters: The DEX-lending merger could open a new DeFi channel for financing real-world sectors on Solana.
#SOL#ORCA
Source: The Block
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