Warmest greetings to all Solana holders. Today we released the Solana Q3 report. This data-only report covers Solana's economic engine and is designed from the perspective of token holders. No noise, hype, or analyst opinions are included. I'll share two highlights from this quarter: 1. Solana DEX volume grew 7% in Q3, but public DEX volume fell 9%. This growth was primarily driven by *private DEXs*, which accounted for 37% of Solana DEX volume in Q3. 2. Solana stablecoin supply grew 37% in Q3. USDC grew 39% and now accounts for 69% of Solana's stablecoin supply. A total of 5.1% of all stablecoins are in circulation on Solana. Oh, and Solana also has a new yield-generating stablecoin, which many are calling "Ethena on Solana." You'll need to download the report and access the Dune dashboard for more insights: 1. Operational Performance (REV, Realized Yield, Total Yield) 2. Network Fundamentals (GDP, Risk-Weighted Assets, SOL Staked, etc.) 3. Stablecoins (Supply, Velocity) 4. Efficiency KPIs (Cost of Producing $1 REV, DeFi Velocity, etc.) 5. Token Economics (Issuance, Burns, Net Dilution) 6. DeFi (DEXes, Private AMMs, Token Launches, etc.) 7. Relative Strength (SOL vs. Beta Trading Pairs) 8. Correlations (SOL vs. KPIs) Quarterly and Annual Analysis. Download the Q3 Report + Access the Dashboards Below 👇 Technical Support: @solsticefi