SOL Swaps on Jupiter

    Jupiter is a swap aggregator on Solana network and it finds the best route for you (best rate) to swap your assets. In this article, we will check how much SOL has been swapped away and how much SOL has been swapped back (since January 1st).

    To better understand the importance of Jupiter, first, we should check how many transactions have been done through Jupiter since January 1st.

    (for failed transactions, a - sign were considered for better comparison )

    as you can see the number of transactions shows that Jupiter is playing an important role in the SOL swap but unfortunately there are lots of failed transactions that should be prevented.

    but let's check the amount of SOL swapped to/from other Tokens.

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    The amount of SOL swapped to other Tokens

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    In this graph, you can see the amount of SOL swapped away daily to other tokens. The highest amount happened on January 24 with 332k SOL swapped to other tokens and the lowest amount is for January 1st with 20.5k SOL.

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    And overall 4.36M SOL were swapped to other tokens using Jupiter.

    The amount of SOL swapped from other Tokens

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    In this graph, you can see the daily amount of SOL swapped from other tokens. The highest amount happened on January 24 with 192k SOL swapped to other tokens and the lowest amount is for January 11th with 21.7k SOL. *February 20th is not considered because of lack of complete data

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    And overall 2.72M SOL were swapped from other tokens using Jupiter.

    Conclusion

    By reviewing the numbers we can see how important is Jupiter in swapping on the Solana network. Since January 1st, 7.08M SOL swapped to/from other tokens through Jupiter, and in both directions, the busiest day (by the number of successful transactions) was January 24th with the swap of 514k SOL.

    used table: solana.swaps, website: https://jup.ag

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