BisonFi makes a comeback as a Prop AMM dark horse, with a 30-day trading volume surpassing $4 billion

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Abstract generation in progress

【Crypto World】The Prop AMM track on Solana has recently staged an exciting market reshuffle. In just over two months, BisonFi has surged from a daily trading volume of $180 million at the end of December to $1.43 billion on January 21, capturing more than one-third of the entire Prop AMM market share. The former leader HumidiFi has been quickly pushed to second place, with its market share dropping to 26.5%.

Data speaks louder than words. Over the past 30 days, Prop AMM has accumulated a total trading volume of $4 billion, marking a small高潮. Interestingly, over 92% of transactions routed through Jupiter flow into these Prop AMMs. Even though their liquidity pools are not as large as traditional DEXs, their capital utilization efficiency is second to none. This indicates that the market’s recognition of this new model is rapidly increasing. From early experimentation to now intense competition, the ecosystem is accelerating its differentiation and reshaping.

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