Key takeout
- Pacifica is now the largest permanent dex by trading volumes in Solana. It surpasses the exchange of Jupiter.
- Pacifica has achieved more than $600 million in 24-hour trading volume.
Pacifica, a permanent DEX based in Solana, surpasses the Jupiter exchange in the network’s growing derivatives market and has become Solana’s biggest permanent exchange by trading volumes.
The platform reported more than $440 million in 24-hour trading volumes, placing it ahead of established players like Jupiter in the Solana Perpetual Dex space. Pacifica processes billions of dollars in total trading volume while running in a closed beta.
The exchange attracts over 10,000 active traders in less than three months of operation, with platform data increasing by 50% within a week. This rapid adoption underscores the growing interest in Solana’s defi ecosystem for derivative trading.
Pacifica’s recent updates include new trading pairs like $XPL Perpetuals, which has a deposit and withdrawal limit hike of $50,000 per day, and has a 10x leverage in the closed beta phase. The platform’s growth is due to the persistent Dex market in Solana experiencing rapid expansion.
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