💚Market Overview

The DeFi market has witnessed exponential growth, with the total value locked (TVL) in DeFi protocols surpassing $100 billion in 2021. This surge reflects a growing demand for decentralized financial services that offer transparency, accessibility, and control over one's assets. However, the majority of DeFi platforms are built on Ethereum, which currently suffers from scalability issues leading to network congestion and exorbitant gas fees. These bottlenecks hinder user adoption and limit the practical utility of DeFi applications.

Solana emerges as a viable solution to these challenges, boasting a high-performance blockchain capable of processing over 65,000 transactions per second (TPS) with minimal fees. Solana's architecture introduces innovations like Proof of History (PoH) and Tower Byzantine Fault Tolerance (BFT), which enable high throughput without compromising security or decentralization. Nebula Finance leverages these technological advancements to offer a DeFi platform that addresses the critical shortcomings of existing solutions.