DLMM: The key engine that drives Solana towards the “Internet Financial Market”

In 2025, the crypto market is gradually emerging from its downturn, entering a phase of confidence restoration. As risk indicators (such as RSI) have sufficiently cooled down in the previous period, market sentiment has clearly warmed up. Choosing to sell Altcoins at this time point not only might miss potential structural rebounds in the coming months but also goes against the logic of "long-term value investing". Amidst the complex projects and narratives, a technology is quietly becoming the core force breaking through the Solana ecosystem - DLMM (Dynamic Liquidity Market Maker). ### Market Transformation: Long-term Vision is the Hard Value When the traditional financial system is still limited by closed architectures (like SWIFT), blockchain offers a new possibility - a unified, open, real-time settlement Internet Financial Market. It no longer depends on intermediaries or permissions; anyone only needs a mobile phone and a wallet to access the global financial system at low cost and high efficiency. Realizing this vision requires the improvement of three core infrastructure elements: ● Asset Issuance: Supporting more real, programmable assets on-chain ● Market Liquidity: Creating deep markets and efficient trading experiences for assets ● Unified Access: Lowering user barriers and improving interaction efficiency ### DLMM: A Technical Breakthrough Activating the "Market" Axis Among these three pillars, the "market" is the most difficult to standardize but most influential. The DLMM protocol jointly created by Saros and Trader Joe team is born for this purpose. DLMM differs from traditional AMM, with its greatest advantage being programmable liquidity: ● Liquidity providers can precisely define price ranges, effectively avoiding idle funds; ● Traders enjoy extremely low slippage and fast transactions, improving overall market efficiency; ● Protocol achieves higher capital utilization rates, supporting the construction of complex asset markets. When DLMM combines with Solana's ultra-high TPS and low-latency network, its performance far surpasses any similar solutions. It not only enhances existing trading experiences but also provides infrastructure guarantees for future support of real-world assets (such as equity, commodities, real estate, etc.). ### Building an Open Financial Market for Global Users DLMM's significance goes beyond technical innovation, reflecting an evolution of financial structure: from closed to open, from institution-led to mass participation. Under the DLMM architecture: ● Any project can permissionlessly launch asset issuance with accompanying markets; ● Any community member can provide liquidity for markets and receive incentives; ● Any user can freely trade diversified assets through a unified entry point. This not only breaks the old logic of "assets ≠ liquidity" but also gives the crypto market true network effects. ### Future Outlook: Short-term Rhythm, Long-term Logic Market trends won't always be as slow as a turtle. With the DLMM Beta version set to be released in mid-May and first publicly showcased at Token2049 conference, an efficient financial market for global users is accelerating into shape. In this transformation, selling is clearly a wrong judgment of future value. Whether in asset, trading, or user experience aspects, DLMM represents Solana ecosystem's substantial step towards an "Internet Financial Market". ### About Saros Saros is building the underlying protocol system for the "Internet Financial Market" on Solana, focusing on three directions: next-generation AMM (DLMM), asset issuance platform, and unified market access layer. Its goal is to provide developers, market participants, and end-users with a complete, open, and high-performance financial infrastructure.