RT Nitesh (@niteshnath)The bright side of the current discourse is that the Solana DeFi community is speed-running a lot of thinking about execution quality very quickly and very publicly. The signal to noise ratio is tiny, so I want to improve that with this post.Here are some facts for those curious on the technical side of router comparisons and execution quality.Quote price != realized price.Starting with the obvious: the number you see on the screen (quote) is not necessarily the number you get (realiz ...

⚡ Good news: 0-Fee SOL Futures is extended on MEXC!📌 Trade with 0 fees on:‣ SOL/USDT‣ SOL/USDC‣ ME/USDT‣ MEW/USDT‣ PUMP/USDT‣ PENGU/USDT‣ BONK/USDT‣ SAROS/USDT👇 Details ...

RT Jarry Xiao (@jarxiao)In 2023, Phoenix delivered the most competitive on-chain SOL/USDC pricing with a minimum bid-ask spread of just 4 bps (including taker fees).Fast forward 2 years: you will rarely get a two-sided quote from a router with a spread >2 bps!Internet capital markets at work. ...