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crypto.news 2025-03-24 03:22:13

Solana’s first meta DEX aggregator Titan soft-launches, promising zero-fee routing

Titan, Solana’s first meta-decentralized exchange aggregator, has launched its beta platform, giving private access to a select group of users. According to a Mar. 23 press release , Titan operates as a layer above standard DEX aggregators like Jupiter ( JUP ) and DFlow. To ensure traders receive the best price with no fees, it aggregates quotes from all available DEX aggregators rather than just sourcing liquidity from different DEXs. In addition to aggregation , Titan introduces Talos, a proprietary routing algorithm that, according to the press release, outperforms competitors 80% of the time. Compared to current Solana ( SOL ) solutions, Talos analyzes more liquidity sources and optimizes routing at a granular level to enhance trade execution. Quote slippage caused by execution delays is a major problem with on-chain swaps. Because Solana transactions take around 10 seconds (25 blocks) to complete, the price may fluctuate before the trade is executed. Titan wants to address this issue by continuously updating quotes in real-time to provide traders with the most accurate pricing. “Titan’s aim is to provide DeFi traders with the best possible prices while abstracting away the complexity involved. Today, crypto trading lags behind traditional markets in its order placement design. It’s time for us to upgrade our infrastructure and close this gap, and that’s what Titan is designed to do.” — Chris Chung, CEO and co-founder of Titan You might also like: Solana ETF set to debut in the U.S Titan previously raised $3.5 million in a September 2024 pre-seed round, backed by Round13 Digital Asset Fund and Beluga Labs. Solana is seeing record adoption alongside Titan’s launch. According to Ali Charts Mar. 22 post on X, the network now has over 11 million wallets holding SOL. Solana continues to lead in DEX trading volume , which hit a record $258 billion in January before cooling off to $105 billion in February amid a broader market downturn. Impressively, the stablecoin market cap on the network has grown to $12.36 billion, a three times increase from December 2024, according to DefiLlama data . Despite this growth, SOL’s price has seen volatility. It peaked at $298.31 in January before dipping to $118 on Mar. 11. The price has rebounded to $133 as of press time. With rising institutional interest, analysts speculate SOL could push toward the $300 mark in the coming months. Read more: Solana’s 5th birthday highlights explosive growth and trading activity: Mercuryo

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