Private DEXs are offering superior execution on Solana
@SolFiAMM leading the charge 👇
SolFi has consistently maintained the largest market share on Jupiter for several weeks, staying above 25% throughout.
Lately, OpenBook’s share has been growing and now stays around 17–20%. This increase matches the growing interest in central limit order books (CLOBs).
Overall trend highlights a major shift: private DEXs like SolFiAMM, ZeroFi, and Obric now collectively account for 35–45% of Jupiter's total trading volume.
A crucial insight is that to win market share on Jupiter, you must dominate the SOL-USDC pair, which is by far the most actively traded pair on the platform. SolFi’s ability to offer better prices than other venues has been a major reason behind its rapid growth.
SolFi employs a vault-based private execution model.
Interestingly, SolFiAMM doesn’t try to cover every trading pair; instead, it focuses on the main ones. In the last 7 days alone, ~ 80% of SolFi’s volume came just from SOL-USDC trades — a pattern similar to openbookdex, which also relied heavily on this pair.
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