Solana’s DeFi Ecosystem Embraces Private DEXs: Shifting Away from Public Pools

A recent report by PANews reveals a major shift in Solana’s DeFi ecosystem, moving away from public, passive liquidity pools towards private execution decentralized exchanges (DEXs). New DEXs like SolFi, Obric v2, and ZeroFi are playing a significant role, handling 40-65% of on-chain transaction volume through the Jupiter aggregator. These DEXs operate using four key principles: exclusively executing trades via the Jupiter aggregator; utilizing real-time oracle-based pricing; deploying private funds instead of public liquidity pools; and offering selective quotes based on inventory.