r/solana

Let's say say I wrote a program that swaps sol for stablecoins back and forth all day, leveraging the fact that Sol are volatile enough to make a small profit by doing so, but stable enough to not losing everything in the process. Let's say I optimized it to work with low initial capital (less then 100€) and to run comfortably on a raspberry pi, or similar cheap hardware, and I want to sell it worldwide. Is swapping sol for USDC going to be cheaper (fee-wise) than swapping for the customer's currency stablecoin?(Like EURC for instance) I'm using Jupiter to execute the swap, with the simplified order/execute flow

Been using Phantom since I started on Solana. Works fine, no complaints. But I keep seeing people mention Solflare for better staking features and more control.

Curious what people here actually use day to day. Is Phantom still the king or is Solflare worth switching to?

Source: https://x.com/solana/status/2057121464650698767

BREAKING: USDF is now live on @flipcash on Solana
USDF is a custom stablecoin built in partnership with @coinbase and @flipcash.

https://preview.redd.it/103ru3yxvc2h1.png?width=680&format=png&auto=webp&s=77816a372c20d9cceeab91e97f12ee99a3238aa4

https://x.com/flipcash/status/2057099588675219837

Introducing USDF, our new custom stablecoin built in partnership with @coinbase

https://preview.redd.it/cgfirsn4wc2h1.png?width=680&format=png&auto=webp&s=25cdebe843385cdcc2aa95b82a8cbd3ac7bf1473

Every currency on Flipcash is priced on a gradual but exponential pricing curve, with USDF as the liquidity layer

The future has many currencies. It's time to create yours

I tried using Synapse to bridge some tokens yesterday and it's been stuck on "processing" for way too long. Has this happened to anyone else?

Why do bridges still take this long sometimes? Is it congestion, or is the platform just slow?

Looking for a faster alternative if anyone knows one , something reliable that doesn't leave you waiting half a day

Hey everyone, meow here.

We just shipped Metis V8, a major update to our routing engine ($2T+ in lifetime volume), which aims to holistically solve the biggest issue in onchain trading today: what we call the quotation execution drift.

In past simpler days, routing used to be about one thing - find the best quote at the point of the snapshot of the chain at the point of request. But times have changed dramatically, and what we observe is that the biggest impact to users is not merely on finding the quote (tho obviously we work super hard on it), but instead in the difference between quotation and execution.

By the time your trade executes, the chain has moved — other trades fill, MMs update, pools rebalance. So the price you saw and the price that lands aren't the same. That gap is the Quotation-Execution Drift (QE Drift).

The easy thing would've been to just keep showing users the "best" quote and call it a day. But that quote isn't real if it's not what lands in your wallet. So instead we went after the actual hard problem — solving QE Drift holistically, from 4 angles:

1. Slippage Penalties — Some AMMs quote tight then slip on execution. We track historical slippage on every market and penalize the ones that don't deliver. Our quote may look different from other aggregators, but on execution it's closest to what actually lands in your wallet.
2. JIT Onchain Finalization — Instead of locking the route early, V8 carries multiple candidates into execution and finalizes the splits onchain at the last possible moment. What lands reflects the best price at execution, not 400ms ago.
3. Sub-2 Slot Latency — JIT routing is only as good as the state it routes on. gRPC streaming + our own validator shreds (3rd largest on Solana) give us sub-2-slot state freshness. Beam, our own txn infra, delivers straight to validator leaders at p95 0-1 slot landing. Quote against fresh state, land before it moves.
4. Rapid Quotation Mode — Chasing the last few bps takes time, and on volatile tokens that's time the price keeps moving. So we expose the choice: a quote in <100ms that skips marginal optimization, for trades where landing fast beats squeezing bps.

Feel free to ask anything you want - will check back later.

There is a lot more to come - both on the metis router side, and also on the ultra execution side. Also probably overdue to write something on the history of metis too!

Link: https://x.com/JupiterExchange/status/2057037276295864734?s=20

Solana once again finished the week as the leading blockchain by average daily TPS, processing more than 1,216 transactions per second on average over the past seven days.

And honestly, it’s important to recognize that many ecosystems across the industry are making real progress right now. Scalability, execution efficiency, and user experience have improved significantly across multiple chains over the last few years.

But when it comes to sustained throughput at scale, Solana continues to stand out.

That’s what makes metrics like TPS interesting in the first place. It’s not just about theoretical capacity or benchmark numbers, it’s about maintaining high levels of activity consistently under real network conditions.

And week after week, Solana keeps showing that it can handle extremely large volumes of transactions while remaining fast and relatively inexpensive to use.

Of course, TPS alone doesn’t define the success of a blockchain. Ecosystem quality, decentralization, developer activity, security, and adoption all matter too.

Still, maintaining this level of throughput consistently is not easy, and it highlights the kind of infrastructure the network has been building toward for years.

At this point, Solana’s performance leadership no longer feels temporary, it’s becoming part of the network’s identity.

Full post: https://x.com/everstake_pool/status/2057123074315546627

Fine on anything under $5k but above that the slippage gets ugly fast. Put in $20k last week and got $19,200 out. Tried breaking it into smaller chunks which helped a bit but then I am paying fees multiple times for the same position.

Is there a platform that actually handles larger SOL to USDC swaps without destroying the rate?

[PROBLEM SOLVED]: Thanks for all the comments, I ended up swapping via using Flips.fi

I’m not promoting anything, I just need some direction. Where does one find community to talk about what projects they’re doing that involve crypto? I’ve dealt with it for years, but always on my own. Now, I’m stuck with something and I don’t know who to talk to or where to find them. How does one go from hermit to socialite, and where does one do this?

Source: https://x.com/SolanaFloor/status/2056804790563201070

BREAKING: Solana liquid staking protocol @sanctumso has reached a new all-time high of ~17.07M $SOL in TVL.

https://preview.redd.it/c9h9pkks0b2h1.png?width=680&format=png&auto=webp&s=33d7bf4ddfb2c9f3389ca2fe5ebcdc6f33540cff

This comes up in the comments so I'll write it out. the scenario: you've got a bag of something that launched on Solana, had a run, and now you want to take some off the table. it's not listed on any major CEX.

Option 1 is Jupiter or Raydium. works fine until the pool gets shallow or the slippage becomes painful for real size. option 2 is wait for a CEX listing. sure, if you've got time and the project gets there. option 3, which I've started using more: route through a swap service that handles the routing to BTC, ETH or stables without going through a CEX account. I've used this to exit into USDC and once into BTC when I didn't want the ETH exposure either.

The main trade-off is speed, it's not instant and depends on network load. but when Jupiter is giving me 4% slippage on a thin Raydium pool, cleaner execution is the better deal even if it takes longer.

been using it by default without questioning it, someone mentioned the rates arent always optimal past a certain size

curious if anyone has actually compared it properly against other options on Solana