Pacifica.fi Surpasses Jupiter as Top Solana Perpetual DEX by 24H Volume
Pacifica.fi’s rise to the top of Solana’s decentralized derivatives market highlights growing competition and interest in the ecosystem, with impressive trading volumes and active users.
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Fact Check
The statement is strongly corroborated by multiple independent crypto news outlets and sources. Evidence from Cryptorank, Cryptobriefing, Cryptopolitan, Solanafloor, and others explicitly states that Pacifica surpassed Jupiter in 24-hour perpetual trading volume on the Solana network. While one source notes the event may have been 'brief,' the core claim that it did surpass Jupiter is consistently reported as a factual event.
Summary
According to Dune data on October 2, Pacifica, a Solana-based perpetual contract DEX, recorded $1.75 billion in 24-hour trading volume, surpassing Jupiter. The platform has 15,325 total user addresses and 8,954 weekly active addresses. Founder Constance Wang celebrates surpassing $1 billion in daily volume, marking a significant milestone for the platform, which launched in June 2025.
Terms & Concepts
- Perpetual DEX: A decentralized exchange offering perpetual futures contracts, enabling traders to speculate on asset prices without expiry dates.
- Solana: A high-performance blockchain known for fast transaction speeds and low costs, used for decentralized applications and crypto trading.
- Trading Volume: The total value of all trades executed on a platform within a specific period, often used to gauge market activity.