Prop AMMs Dominate Solana DEXs: A Look at the Growth & Impact

Solana’s decentralized exchange (DEX) landscape has witnessed a significant shift, with prop AMM platforms capturing over 50% of total volume. HumidiFi, a leading platform in this space, has been experiencing phenomenal growth since mid-August, showcasing the effectiveness of proprietary automated market makers (prop AMMs) within Solana’s ecosystem. Its dominance is evident through its sustained market share, with a peak of 30% by October 13 and consistently surpassing competitors such as Meteora.