PropAMM and RFQ account for up to 90% of DeFi swap volume on Jupiter
- —PropAMM and RFQ account for 15–27% of daily DEX trading volume
- —For the SOL/stablecoin pair on Jupiter, the share exceeds 90%
- —RFQ networks provide up to 52% better pricing in USDC-WETH and WBTC-WETH pairs
- —Jump Crypto analyzed about 20 million swaps through propAMM
Why it matters: Institutional liquidity is returning to DeFi, improving prices for users, but the risk of centralization among a small number of market makers is growing.
Source: Siam Blockchain