I've been using Raydium ever since I first started transacting in Sol chain and I'm looking to explore some new options. Raydium has served me well, but I'm curious to hear about other quality decentralized exchanges on the Solana network that you've had success with. Any recommendations would be greatly appreciated as I aim to diversify my DeFi activities. I'm open to exchanges with unique features, competitive trading fees, and strong liquidity. Looking forward to hearing your thoughts!
Well, according to CoinMarketCap you can check the dex lists and there is a SOL option there, which shows that Raydium and Jupiter have the two biggest market share. I am not saying that they are the best, because "best" is subjective and there isn't really any metric to calculate something subjective.
However, I can say that they are the most used ones, which should mean something. If all the people are using those two mostly, then there must be some reason out there for them to be used more than the others and it hasn't been just a day or two, this has been going on for a long time as well. So, if you really want to try, I would suggest starting with these two first, and see if you enjoy them or not, if you do then you have your answer.