Solana DEXs with Lowest Fees
Jupiter Aggregator
Routes for best price. Jupiter aggregates liquidity from various Solana DEXs, often finding the best available prices and minimizing overall costs. "Jupiter aggregates most of them anyway so that's usually your best bet for swaps."
Manual fee adjustment. Users can manually set slippage and adjust fees, which is crucial for managing costs, especially with smaller capital. "If you must, Jupiter is good and you can manually adjust your fees."
Cost savings compared to other wallets. Jupiter's swap feature can lead to significant fee savings compared to direct swaps through other wallets. "My Jupiter wallet shows how much fees I saved by using their swap vs the other wallets."
Understanding Solana Fees
Network fees are minimal. The base network fees on Solana are generally very low and often not the primary concern for users. "network fee: tiny on solana, ignore it, it's not your problem."
Slippage is the main cost. The biggest cost factor on Solana DEXs is often slippage, especially for illiquid token pairs. "slippage: this is the real cost, and no app fixes it. it's a function of how deep the liquidity is for that specific pair."
Priority fees during congestion. During periods of high network activity, priority fees become important to ensure transactions are processed promptly. "one thing this breakdown skips that's specific to solana: priority fees during congestion."
Other DEX Considerations
Aggregators can be more expensive. While some platforms like Photon and Axiom offer trading bots/terminals, they often route through Jupiter and add their own higher fees. "Photon and axiom are "trading bots/terminals" that have their own higher fees and often end up routing thru jup anyway."
Liquidity impacts fees. For highly liquid pairs, the fee difference between venues is small, but for thin pairs, slippage dominates the cost. "on a liquid pair the difference between venues is small. on a thin pair, slippage swamps everything and the venue barely matters."
Are you looking for low fees specifically for spot trading or perpetuals?
Bottom line
Jupiter is widely considered the Solana DEX with the lowest fees due to its aggregation capabilities and manual fee adjustment options.
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