Bonfida bridges the gap between Serum, Solana and the user. It is Serum's flagship graphical user interface and brings Solana data analysis to the field. The Bonfida API is used by some of the largest market makers in the industry and has seen demand growth of 25% week over week. FIDA is expected to have the following utility: 95% of Bonfida's net commissions will be settled by the FIDA Token and could be used to buy/burn etc. FIDA will be used transactionally for: FIDA participation will guarantee its holders: Exclusive API endpoints and lower latency Access to rare sustainable markets Advanced analytics Confida will likely include a limited governance model based on the FIDA token. Some metrics, such as product fees, can be changed through a FIDA token governance vote.