Metaplex is one of the most compelling infrastructure protocols on Solana and a high-conviction way to gain exposure to the Solana ecosystem. The protocol holds a dominant position in token creation on Solana, powering over 90% of fungible token creation and more than 99% of non-fungible token (NFT) creation.  Metaplex earns a fee every time a token is issued using its standards or platform.

CoW Protocol, a critical infrastructure provider for open finance, is re-evaluating their fee structures, business models, and tokenomics with the goal of earning a larger share of the market and increasing revenues. These changes could result in significant growth of revenue as the protocol continues to gain more of the market share across their two products: CoW Swap and MEV Blocker.