How to swap tokens on Solana — guide to Solana DEXes and AMMs

Stakingbits
Stakingbits
Published in
5 min readDec 21, 2021

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Solana is a fast-growing ecosystem that provides fast, secure, scalable, decentralized apps and marketplaces. Solana currently supports 50,000 transactions per second and 400ms block times, making it one of the fastest public blockchains available for DeFi.

In this article, we’ll walkthrough some of the best places to swap between tokens on the Solana ecosystem.

Raydium

Raydium is a Solana-based automated market maker (AMM) that enables lightning-fast trades and shared liquidity.

Raydium provides on-chain liquidity to Serum’s central limit order book, meaning that Raydium’s users and liquidity pools have access to the order flow and liquidity of the entire Serum ecosystem, and vice versa.

Pros:

  • Shared liquidity with Serum ecosystem boosts trade execution prices and lower slippage
  • Lots of tokens and contains of the deepest liquidity on Solana

Cons:

  • None

Bonfida

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Stakingbits
Stakingbits

Staking bits and bytes. DeFi’s fastest growing content platform helping investors navigate DeFi’s wild forest.