<ul><li>Private execution DEXs like SolFi and ZeroFi dominate Solana's swap volume through Jupiter.</li><li>These DEXs sacrifice composability for performance using vault-based liquidity and oracle pricing.</li><li>Upcoming Solana upgrades may level the playing field for public DEXs once again.</li><li>Solana's DeFi ecosystem has shifted to private DEXs with vault-based execution, altering liquidity dynamics on the chain.</li></ul>

Solana: Private DEXs Like SolFi and ZeroFi Capture 60% of Jupiter Volume

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