The competition among exchanges in the Solana ecosystem is indeed quite intense, and the diversion between the two leading platforms is quite obvious. On the SOL chain, the dispersion of users and liquidity is higher than expected. It seems that each platform has its own user base, and the ecosystem isn't as concentrated as it appears. This competitive landscape is actually a double-edged sword for the entire Solana ecosystem—on one hand, it promotes innovation and iteration; on the other hand, it also disperses traffic.

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GasGoblinvip
· 8h ago
The exchanges on Solana are competing fiercely, liquidity is running everywhere, and it's impossible to gather it together.
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MoonlightGamervip
· 8h ago
Liquidity fragmentation is indeed annoying, but fierce competition also means that someone will be forced to create better products.
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SchrodingerAirdropvip
· 8h ago
As for liquidity dispersion, frankly, it's each community staking their own claim. We'll see when a killer app comes along to bring everyone together.
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Web3ExplorerLinvip
· 8h ago
hypothesis: this fragmentation pattern actually mirrors the ancient silk road dynamics—multiple trading posts competing for liquidity flow, yet paradoxically strengthening the entire network through redundancy. tbh, solana's dex landscape starting to feel like a game theory experiment where atomization breeds resilience... or just chaos, idk
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