DeFi· ★★· neutral·

Preprint: Solana PropAMMs cost 0.26 bp in quiet trades versus 2.59 bp for standard AMMs

  • —PropAMM cost 0.26 bp in quiet trades versus 2.59 bp for standard AMMs
  • —Two-second markout was +0.37 bp for PropAMM and -0.22 bp for AMMs
  • —On Base's Tessera pool, 39% of trades filled at the quote, average price 1.08 bp worse
  • —Data covers Solana, Base and Monad from September 2025 to August 2026
Why it matters: The findings suggest PropAMMs offer better pricing in calm conditions, but say nothing about depositor returns in public pools.
Source: TokenPost