Decentralized Exchanges are continuing to tumble in the crypto industry with the general market downturn. Moreover, DEXes in the Solana ecosystem are also feeling pressure for the past three months.In hindsight, this drop has coincided with the general depleting conditions of the market. As of now, AMM is the segment that dominates the traffic market share on Solana DEXes., Raydium Protocol, at press time, was the AMM with the largest traffic density among Solana DEXes.
Saros Finance has shown the biggest leap on Solana as it ramped up a 96% increase in network traffic. It is followed by Mercurial which has shown a steady growth during the period with a 14% increment.reported
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