DePIN is making waves in the crypto world, hailed by many as the next inevitable global movement reshaping traditional infrastructure. While skeptics question its necessity, its growing traction and transformative potential can’t be ignored. But what exactly is DePIN, and why is it poised to disrupt entire industries? Let’s break it down.

IntroductionTo date, DeFi has arguably the strongest product-market fit in crypto. As of October 2024, the TVL across DeFi protocols exceeds $86 billion, indicating a gradual recovery from the lows of $36 billion seen in early 2023. DeFi protocols like Uniswap, Raydium, and Maker consistently generate the most revenue. This sustained revenue flow reflects DeFi’s potential for long-term growth. The growth of DeFi is further highlighted by its robust transaction volumes and increasing stablecoi...

Over the past year, Solana has firmly established itself alongside Ethereum as the distinct alternative programmable smart contract chain...

Pivot Global is proud to announce our investment in Adrena, a peer-to-pool perpetual trading platform on Solana. The protocol operates on a two-token model featuring $ADX (the governance token) and $ALP (the LP token). $ADX grants users voting rights to govern the platform through the Adrena DAO and also entitles them to a 20% share of the platform's revenue. Meanwhile, $ALP represents the multi-asset pool and earns 70% of the platform's revenue. The remaining 10% will be directed to a fund u...