This analysis is focused on the compare quantity of swaps on Raydium, Jupiter and Orca.

All data is from January 1st 2022 till April 2nd.

Quick introduction

Raydium is an automated market maker (AMM) built on the Solana blockchain that shares liquidity with the Serum decentralized exchange.

Jupiter is the key liquidity aggregator for Solana, offering the widest range of tokens and best route discovery between any token pair.

Orca is the exchange cryptocurrency on the Solana blockchain. In Orca, can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that getting a fair price

Methods

To learn more about Exchange, its Quantity and its unique quantity, I queried all data/swap quantity from solana.fact_swaps in the timeframe of January 1st 2022 till April 2nd and filtered it for 'raydium v4' and 'jupiter aggregator v2' and 'orca' and picked only successful swap. After that to find top swaps quantity i use solana.fact_swaps and match token label with solana.dim_labels.

Unique Wallets Swap On Raydium, Jupiter and Orca

We saw quantity of swaps in three exchanges. Now its time to see their unique users. The new Unique users are important to every platform. it shows the increase and decrease users. in below query and charts we can see quantity of unique swaps.

POPULAR TOKEN

To find the popular token,I got the number of swaps from January 1st to April 1st, and I listed the ones whose transactions increased the most at the end of April.

Compare Swaps Quantity on Raydium, Jupiter and Orca

The next query and chart show the daily swap quantity. This chart is more understandable. we can trend in January 21st till 22th, 2022. In that timeframe The Successful Swap raised 2x in compare with avg swaps.

Percentage shows Raydium has more unique users in compare with others.

Top Swaps On Raydium

Users are swapping from usd, wrapped sol and raydium on Raydium exchange. In below Charts we can see top swap from and top swap to quantity only on Raydium exchange.

wrap sol and stable coins are top swap pairs on Raydium Exchange.

Conclusion

Raydium has more Swaps in compare the others. Raydium Has more Unique Users. it means they have growth in Users. Raydium has huge success rate. Also Raydium Token is become more popular over time.

And according to statistics, Except for Stable tokens, the GST and GENOPETS token has become more popular since January 1 2022