Over the past 30 days, there has been a notable shift in the performance of DeFi protocols on Solana. Orca, a decentralized exchange, witnessed a growth of 85.5% in Daily Active Users (DAU), increasing from 7,600 to 14,100. In contrast, the number of active users on Raydium, a Solana-based AMM, surged by 161.2%, from 6,700 to 17,500. Dooar Swap experienced a modest growth of 41.9%, with DAU numbers rising from 3,100 to 4,400. Meanwhile, Serum saw a significant increase of 153.8%, moving from 2,600 to 6,600.
While the absolute numbers of DAUs have increased for all protocols, their relative share among all users on Solana has seen some shifts. Orca’s share decreased from 30% to 26%, Raydium’s share grew from 27% to 32%, Dooar Swap’s share saw a decline from 12.4% to 8.2%, and Serum’s share experienced a slight increase from 11.2% to 12.5%.
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