Summary

• in case of Compare between Raydium and Jupiter two of famous platform on Solana, Since 15 Nov Raydium had 89K transactions while Jupiter had about 91.5K transactions.
• regarding Total USD Volume, Raydium had about 36B USD while Jupiter had about 141B USD.
• regarding Number of Users, Raydium had about 19K while Jupiter had about 29K.
• in these 3 criteria Jupiter beat strongly Raydium.
• in terms of compare 5 platform together regarding total USD Volume, Jupiter had the highest volume with about 141.3B and Sereum had the lowest volume with about 5.5B USD.
• in terms of compare 5 platform together regarding total transactions, Jupiter and Raydium had the highest number of transactions with about 90K and Saber had the lowest transaction with about 5.2K.
• in terms of compare 5 platform together regarding total users, Jupiter had the highest number of users with about 29K and Saber had the lowest Users with about 0.4K.
• in terms of daily Raydium USD Volume, on 17 Nov raydium had the highest USD volume with about 17.5B USD.
• in terms of daily Raydium Transactions, on 15 Nov Raydium had the highest number of transactions with about 20.5K.
• in terms of daily Raydium Users, on 17 Nov Raydium had the highest number of Users with about 2K.
• in terms of daily Jupiter USD Volume, on 17 Nov Jupiter had the highest USD volume with about 104B USD.
• in terms of daily Jupiter Transactions, on 15 Nov Jupiter had the highest number of transactions with about 20K.
• in terms of daily Jupiter Users, on 17 Nov Jupiter had the highest number of Users with about 5.4K.
• in terms of daily transactions, Jupiter had lead of daily Defi transactions.
• in terms of daily USD Volume, Jupiter had lead of daily Defi USD volume on 17 Nov with about 104B USD.
• since inception Openbook has experienced about 3M transactions as total transactions and about 1.4K users and the highest number of daily transactions was on 21 Nov with about 500K transactions. also, the highest number of users was on 21 Nov with 52. moreover, the highest number of daily new users was on 14 Nov with 23.
• Solana defi transactions after FTx collapse experienced downward trend. but daily user of defi has increased after ftx collapse.
• Serum had the highest number of transactions during FTx collapse. but jupiter had the highest number of daily users.
• trend of stake volume since 18 Nov has experienced a upward trend while after 15 Nov unstake volume experienced downward trend.

What Is Solana (SOL)?

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.

To learn more about this project, check out our deep dive of Solana.

The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.