The market is sleeping on Solana private DEXs, which now generate over 35% of Solana DEX volumes.
Why should you be paying attention?
1. Private AMMs are creating superior trade execution for users on @JupiterExchange (tighter spreads, low slippage)
2. Private AMMs are offering an efficient, superior business model vs TradFi trading.
By quoting a slight premium on sells and discounts on buys, Private AMMs clip a tiny margin per trade without explicitly charging a user fee (.30% for public DEXs).
In some ways, Private AMMs are internalizing value that would otherwise go to DEX LPs, MEV bots, or less efficient pools while providing better execution for traders.
It's a win/win/win for Jupiter, traders, and the private AMM.
With TradFi gearing up to tokenize assets, you have to think that large asset managers will be looking at this model to monetize their AUM.
@heliuslabs recently published a fantastic blog on the topic.
Link below for those interested 👇
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