Update on $SAROS Market Activity We are monitoring the recent price movements in $SAROS and would love to provide clarity. Based on our ongoing investigations and available data, we believe this is a market-driven adjustment, potentially involving a large, highly-leveraged position reducing its exposure on centralized exchanges (CEX). Prior to the movement, open interest was approximately 90M SAROS, according to exchange data, and it has since decreased to around 20M SAROS. To our knowledge, there has been no selling of $SAROS allocations by the Saros team or our long-term investors during this period. Our treasury and key partners remain committed to our project. Market cycles come and go, but our focus stays the same: building Saros into the liquidity backbone of Solana. Your trust and support are what drive us, and we’ll continue to keep you informed every step of the way.