Best Solana DEX
2024 Comparison Guide
Compare the top decentralized exchanges on Solana. Trade with lightning-fast speeds and fees under $0.01 on Jupiter, Raydium, Orca, and more.
Top Solana DEXs Compared
A detailed comparison of the best decentralized exchanges on Solana, ranked by volume and features.
Why Trade on Solana DEXs?
Solana offers unique advantages for decentralized trading that make it a top choice for active traders.
Lightning Fast
400ms block times mean your trades execute almost instantly. No more waiting for confirmations or worrying about front-running.
Ultra-Low Fees
Transaction fees under $0.01 make it economical to trade any size. No more losing 50%+ of small trades to gas fees.
High Throughput
Solana can handle 65,000+ transactions per second, ensuring the network stays fast even during high volatility.
How to Choose the Best Solana DEX
For Best Rates: Use Jupiter
Jupiter is the go-to choice for most Solana traders. As an aggregator, it automatically finds the best prices across all Solana DEXs including Raydium, Orca, and others. With zero platform fees and features like limit orders and DCA, Jupiter handles over $500M in daily volume.
For Liquidity Provision: Raydium or Orca
If you want to earn trading fees by providing liquidity, Raydium and Orca are your best options. Raydium offers concentrated liquidity pools (CLMM) and integration with order book liquidity, while Orca's Whirlpools provide a user-friendly concentrated liquidity experience with clear fee analytics.
For Beginners: Orca
Orca is known for having the cleanest, most beginner-friendly interface in Solana DeFi. It shows clear price impact warnings, fair price indicators, and guides users away from bad trades. If you're new to Solana DEXs, start with Orca.
For New Token Launches: Raydium
Raydium is where many new Solana tokens first get listed through its AcceleRaytor launchpad. If you want to trade newly launched tokens, Raydium often has them first, though this comes with higher risks associated with new tokens.
Frequently Asked Questions
What is the best DEX on Solana?
Jupiter is widely considered the best DEX on Solana for most users. As an aggregator, it finds the best rates across all Solana DEXs automatically, has zero platform fees, and offers advanced features like limit orders and DCA. For direct liquidity provision, Raydium and Orca are the top choices.
Why use Solana DEXs over Ethereum DEXs?
Solana DEXs offer near-instant transactions (400ms blocks) with fees under $0.01 per trade. This makes them ideal for frequent trading, smaller trades, and users who want to avoid Ethereum's high gas fees which can range from $5-50+ per swap.
What are the fees on Solana DEXs?
Trading fees on Solana DEXs typically range from 0.25% to 0.30% per swap. Jupiter charges no platform fees. Network transaction fees are usually less than $0.01, making Solana one of the cheapest blockchains for trading.
Is it safe to trade on Solana DEXs?
Major Solana DEXs like Jupiter, Raydium, and Orca have been audited and handle billions in trading volume. However, always use official websites, verify token addresses, and never invest more than you can afford to lose. Be aware that Solana has experienced network outages in the past.
What wallet do I need for Solana DEXs?
The most popular wallet for Solana is Phantom, which works as a browser extension and mobile app. Other options include Solflare, Backpack, and Glow. All major Solana DEXs support Phantom and most other Solana wallets.
Ready to Trade on Solana?
Compare all Solana DEXs side-by-side or explore our full DEX comparison to find the perfect exchange for your needs.