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Best Decentralised Exchanges · Rank 03 of 8
Anyone trading on Solana
Last verified August 17, 20264 scored axes
Documented, with gaps
Jupiter scores 8.8 out of 10 and ranks #3 of 8 in the best decentralised exchanges table, strongest on execution cost (9.4) and weakest on decentralisation (7.8).
Jupiter aggregates essentially all Solana liquidity and routes better than any single venue on the chain, with execution costs that make EVM swaps look quaint. It is an aggregator with growing product surface, so the trust assumption is broader than a single pool contract.
4 axes, weighted as published in the table’s methodology. Each score below is read from the fact printed under it.
8.6/ 35% of the score
Routing contracts audited and in production on Solana since 2021 with no exploit of the router on record; the product surface has since expanded to perpetuals and a launchpad, widening what a user trusts.
9.3/ 25% of the score
Routes across effectively all Solana venues, so quoted depth is the aggregate of the chain's liquidity rather than one pool's reserves.
9.4/ 20% of the score
No protocol fee on standard swaps; total cost is Solana base plus priority fees, orders of magnitude below Ethereum mainnet.
7.8/ 20% of the score
Router programs are upgradeable by the team; quote computation runs off-chain; governance sits with the JUP token.
On Solana, quoting a single pool is the wrong question: Jupiter routes across effectively every venue on the chain, so the depth behind a quote is the chain's aggregate rather than one pool's reserves. It has done this since 2021 with no exploit of the router on record, and its price advantage over trading directly against a single AMM is consistent enough that most Solana front ends embed it rather than compete with it.
There is no protocol fee on standard swaps; you pay Solana base fees plus a priority fee, which puts a trade orders of magnitude below Ethereum mainnet. That changes behaviour — rebalancing and dollar-cost averaging are economic here in a way they are not on EVM mainnet — and the built-in limit orders and DCA tooling exist because of it.
Perpetuals, a launchpad and a governance token now sit alongside the aggregator. Each addition is defensible on its own and each widens what a user is implicitly trusting: the router programs are upgradeable by the team and quote computation runs off-chain. Using Jupiter for swaps is a narrow, well-tested exposure; using the whole suite is a broader one.
Use it as the execution layer for everything and go direct to a pool only when you are providing liquidity. Its limit orders and recurring buys are the closest thing on-chain to the order types an exchange account gives you, and they cost a fraction of what the same discipline costs on EVM mainnet.
The router has operated since 2021 with no exploit on record and is audited, and swaps never take custody of your funds. The caveats are that its programs are upgradeable by the team and that routing is computed off-chain, so you are trusting the quote engine as well as the pools.
Not on standard swaps. You pay Solana's base transaction fee plus whatever priority fee you set, which together are typically a fraction of a cent to a few cents.
Because it splits an order across every venue that can fill it, which usually beats any single pool's price, and because limit orders and recurring buys are built in.
8 services in best decentralised exchanges