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Non-aggregator trades on Solana propAMMs show wider spreads than aggregator trades in most cases.

Protocol Fundamentals
03 Nov 2026, 08:58 WIB
The Currency Analytics
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Neutral
Non-aggregator trades on Solana propAMMs show wider spreads than aggregator trades in most cases.

A study analyzing Solana's proprietary automated market makers (propAMMs) found that non-aggregator trades experienced wider realized round-trip spreads compared to aggregator trades in five of six major venues. This indicates that routing through aggregators generally offers better trading terms despite accessing the same liquidity pools. The research highlights the impact of stale prices and fee structures on spreads, with detailed analysis of fee components and timing effects. These findings suggest that traders may benefit from using aggregator routes to reduce trading costs on Solana.

The Solana study on trading spreads offers context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Nov 03, 2026 13:31 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include SAND at Rp800 with a -4.50% change, CAKE at Rp33.270 down -4.37%, and ZIL at Rp32 down -4.28%.

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