Lots of hints that Solana’s market structure is changing in favor of sophisticated players to market make onchain The shift in the DEX landscape is currently rewarding those that provide tighter spreads and better quotes for deeper, more liquid pairs SolFi and ZeroFi alone execute over half of the volume routed through Jupiter. But these metrics aren’t unique to just these two A relatively new prop AMM called GoonFi is averaging ~$30M in volume daily on a single pair (SOL/USDC) alone This makes me believe that MMs are catching on to this trend and seeing it as an opportunity to widen their presence onchain Don’t think it’ll be long before we catch more of these so-called prop AMMs cropping up left and right
1,2K