Research Summary
The report discusses Cypher Protocol, a perpetuals exchange on Solana, and its decision to fast-track their token launch. The token launch is a departure from the typical low-float, high-FDV narrative surrounding Solana-based token launches.
Key Information
- Cypher Protocol: A perpetuals exchange on Solana.
- Fast-Tracking Token Launch: The token launch has been moved up from its original 9-12 month schedule.
- Shift in Narrative: The token launch deviates from the usual low-float, high-FDV narrative for Solana-based tokens.
