Meteora DEX Overtakes Raydium as Kanye West’s YZY Token Shakes Up Crypto Markets
Move over, Raydium—there's a new DEX king in town. Meteora just flipped the Solana heavyweight as Kanye's controversial YZY token storms the blockchain.
When hype meets liquidity
The YZY token launch proved one thing: celebrity coins still move markets faster than fundamentals. Meteora's dynamic pools handled the frenzy while Raydium's infrastructure creaked under pressure—another case of 'if it ain't broke, upgrade it anyway.'
DeFi eats its young
Raydium's TVL dip tells the story: $287M outflow in 72 hours as traders chased YZY's 4,200% APY farms. Never mind that the yields look sustainable as a meme stock's business model.
Closing thought: In crypto, the only thing harder than maintaining a DEX lead is maintaining a celebrity's attention span.