According to on-chain data analysis, there is a significant arbitrage phenomenon in the trading volume of a leading Solana DEX. Specifically, at least 40% of the trading volume on this DEX comes from atomic arbitrage activities. What does this mean? From another perspective, approximately 22% of the entire Solana DEX ecosystem's trading volume is occupied by such arbitrage trades.



But that's not all. If we include more covert arbitrage signals such as bundling arbitrage in the statistics, the situation becomes even more exaggerated—nearly 50% of the trading volume on Solana DEX could fall into the category of arbitrage trades. On some highly volatile days, this ratio may even soar to 60%-70%.

What does this reflect? Liquidity appears to be abundant, but the true price discovery function is being crowded out by a large number of arbitrage bots. For ordinary traders, this means that while the trading depth may seem deep, the effective liquidity might not be as ideal.
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AirdropworkerZhangvip
· 3h ago
Oh my, have arbitrage bots eaten up the market completely? How are we supposed to play now? --- Basically, it's just retail investors getting cut by bots. --- Arbitrage accounts for fifty or sixty percent; is this still a DEX or should it just be renamed an arbitrage pool? --- What's the point of deep liquidity? It's all an illusion, guys. --- No wonder I always felt slippage was so high; turns out all the liquidity is occupied by bots. --- Once this data comes out, Solana DEX will be in trouble, it seems like it's going to cool off. --- The number of genuine traders is decreasing, it's all just bots trading back and forth. --- Is 50% of the trading volume arbitrage? Then have I paid my costs in vain?
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CoffeeNFTsvip
· 15h ago
50% of the trading volume is from robots, what kind of DEX is this... Robots are bloodsucking, retail investors are just giving away their assets. Where is the promised decentralization? It’s been monopolized by arbitrage robots. To make the Solana ecosystem competitive, we first need to deal with these vampires. Liquidity is artificially inflated, depth is fake, no wonder slippage is so high.
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CryptoCrazyGFvip
· 15h ago
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AirdropLickervip
· 15h ago
Oh my god, is this telling us that exchanges are just playgrounds for robots? This ecosystem has already been completely eaten up by arbitrage bots. How can anyone still think they can make money here? Truly amazing.
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MidnightSellervip
· 15h ago
50% of the trading volume is from arbitrage bots. Is this still called a DEX? It's just an arbitrage playground.
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ChainSpyvip
· 16h ago
This is just a front for rug pulling, with superficial liquidity, but in reality, it's all robots having fun. Robots and vampires actually make up such a large proportion; do retail investors really have no way out? 50% of trading volume is arbitrage? Isn't that just a fake prosperity game? To put it simply, it's big players and robots feeding each other; if we get involved, we're just giving away money. Damn, if this continues, what's the point of DEXs? They're no different from centralized exchanges. If this data is true, I think it's time to reflect on the design of this system.
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CommunityLurkervip
· 16h ago
Whoa, 50% arbitrage volume? Is this still called a DEX? More like a robot breeding ground. --- So retail investors are still lining up to trade here, but half of the orders are just robots playing with themselves? --- Deep liquidity, huh? Then as soon as you place an order, it's instantly snatched by arbitrage bots. Laughable. --- Solana DEX feels like a feast for arbitrageurs; we're all just here to work. --- This data is heartbreaking. I really thought there was liquidity, but it turns out it's all fake. --- Can daily volatility reach 70%? Then what is the actual trading volume? Feels like I've been scammed. --- No wonder the slippage always feels off; turns out half of the orders are snatched by robots. --- A typical false prosperity, bustling on the surface but actually like a casino.
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GasFeeCryvip
· 16h ago
Damn, half of the trading volume is from arbitrage bots? Then what are we retail investors even playing for? Bots are sucking blood, and we're retail investors crying. So, liquidity depth is fake; it's all eaten up by arbitrage bots. That's why I always experience huge slippage on Solana DEX... What the hell is 50% arbitrage trading? Can this still be called decentralization?
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