In the aftermath of FTX’s implosion, we look at the implications for Solana Defi with respect to:
– FTX’s relationship with Serum and the ensuing Serum fork + development of alternatives
– FTX’s relationship to Sollet wrapped tokens and the ensuing price impact
– The impact of a rapidly declining SOL price on Solend lending positions
– A tentative outlook for Solana DeFi moving forward.