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How to Short Solana Memecoins

Dig into Save's memecoin shorting platform dumpy.fun
How to Short Solana Memecoins
William M. Peaster William M. Peaster
Aug 8, 2024 • 3 min read
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Solana is currently one of the fastest rising hubs for DeFi, and of the top 10 biggest DeFi apps on Solana today, Save, which just rebranded from Solend, stands out as a leading protocol on the network. 

So what’s new? Amid its rebrand, Save just announced it’s branching out from lending with three fresh offerings: SUSD, saveSOL, and dumpy.fun. Here are the basics:

Now, we’ve seen stablecoins and LSTs on Solana before, but a platform for easily shorting Solana memecoins is unique in the cryptoeconomy currently.

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William M. Peaster

Written by William M. Peaster

983 Articles • View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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