Jupiter's dominance on Solana DEX aggregation just broke.
Aug 17: $JUP routed only 48.9% of volume — first time under 50%.
Competitors now control 51.1%, with OKX DEX taking 31.3% (new record).
This isn't noise. Market share erosion = user behavior shifting. If OKX keeps this momentum, Jupiter's moat shrinks fast.
Watch routing fees, liquidity depth, and whether $JUP holders react. Aggregator wars heating up on $SOL.
Aug 17: $JUP routed only 48.9% of volume — first time under 50%.
Competitors now control 51.1%, with OKX DEX taking 31.3% (new record).
This isn't noise. Market share erosion = user behavior shifting. If OKX keeps this momentum, Jupiter's moat shrinks fast.
Watch routing fees, liquidity depth, and whether $JUP holders react. Aggregator wars heating up on $SOL.