Solving a Core Challenge for New Projects

Saros, a Solana-based exchange for capital markets, has announced a $10 million Liquidity Grant Program aimed at solving one of the most significant hurdles for emerging crypto projects: the high cost of establishing deep trading liquidity.

The new initiative allows partner projects to create robust markets for their tokens without depleting their treasuries on expensive stablecoins or user incentives. Under the program, Saros will match a partner’s tokens with its native $SAROS token, creating an instant and deep liquidity pool. This approach lets projects leverage idle assets instead of spending valuable capital.

The effectiveness of this model is already being demonstrated on the platform. The existing BONK/SAROS pool consistently shows higher trading volume relative to its Total Value Locked (TVL) compared to the equivalent BONK/USDC pair, highlighting the efficiency gained by pairing assets with the actively traded $SAROS token.

Lynn Nguyen, CEO of Saros, stated that the program solves a major problem for token-based projects. “When combined with Solana’s aggregator-led swap routing, it means they no longer need to commit cash or incentives to bootstrap deep liquidity pools,” she said. “This approach creates deep, high-efficiency liquidity pools at a zero-cost basis for our partners, which is a massive unlock for ecosystem development.”

Fostering Growth Through Strategic Partnerships

Nguyen, whose background includes experience at FTX US, Alameda Research, and Cube Exchange, is positioning Saros as a core liquidity provider for the Solana network. The grant program has already attracted several key partners, including BONK, the community-focused token; PORTALS, a Web3 gaming platform; and K, the native token of Sidekick Labs.

Reflecting on the partnership, Sidekick Labs noted that it allows them to explore new liquidity models that align with their vision of connecting real-time engagement with decentralized trading.

Saros is also extending its grant program to projects joining the Solana ecosystem through its collaborations with Wormhole and Metaplex. Grants will be available to projects bridging their tokens from other blockchains via Wormhole. Similarly, projects launching new tokens using Metaplex’s infrastructure will also be eligible to apply, directly increasing liquidity and improving the trading experience across the entire ecosystem.

About Saros

Saros is a decentralized exchange (DEX) and liquidity infrastructure built on Solana. Powered by the $SAROS token, it uses a Dynamic Liquidity Market Maker (DLMM) to offer concentrated liquidity and near-zero slippage swaps. By combining its DLMM with a traditional Automated Market Maker (AMM), Saros aims to create one of the most efficient trading venues on the network. Backed by Solana Ventures, Hashed, and Spartan, the platform is dedicated to helping tokenized projects launch and grow.