About this Chart

Pool Type

• DLMM: Dynamic Liquidity Market Maker (DLMM) gives liquidity providers access to dynamic fees and precise liquidity concentration all in real-time
• DAMM-V1: Dynamic AMM Pools are similar to constant product pools that support token prices from 0 to infinity. LPs on Dynamic AMM Pools earn both swap fees and yield from lending platforms.
• DAMM-V2: DAMM v2 is a brand new constant-product AMM program for liquidity pools, with a set of features to optimize transaction fees and provide greater flexibility for liquidity providers, launchpads, and token launches.
• DBC: Dynamic Bonding Curve (DBC) program is a permissionless launch pool protocol that allows any partners to spin up a launchpad that enables their users to launch tokens with customizable virtual curves directly on their platform.

Pair Category The classification of pair categories is determined in a top-to-bottom manner.

• SOL-Stablecoin: the trade involves SOL and a stablecoin.
• Bitcoin: the trade involves a Bitcoin-pegged asset. Some notable trading pairs are BTC-ETH, BTC-USD, and BTC-BTC (for example, cbBTC-WBTC).
• Stablecoin Swaps: the trade has both the bought token and sold token as stablecoins.
• LST Swaps: the trade involves a Liquid Staking token.
• Tokenized Assets: the trade involves a tokenized asset. Examples include Gold, Equities, and Treasuries.
• Composite Assets: the trade involves aleveraged crypto tokens, portfolio of crypto tokens, or LP tokens.
• Project Tokens: the trade involves tokens that are issued by projects. An example would be governance tokens and L1 tokens (not including BTC or SOL).
• AI Agents: the trade involves an AI agent token.
• Memes: The remaining volume from known memecoins as well as unclassified tokens.

Trade Source Trade Source Indicates where the trade was sourced from. We define five major categories:

• Direct: Trade is traded directly with the exchange
• DEX Aggregator: Trade is routed through an aggregator first
• Trading Platform: Trade takes place on a trading platform such as Photon, Phantom, Axiom, etc.
• MEV Bot: Trade is from an identified MEV bot program on Solana.
• Other: Programs that are unidentified. Most likely an MEV bot.