@wangtianqi
Jupiter's multi-product expansion (swap, limit orders, DCA, perps, mobile app) significantly boosts its monopoly potential in the DEX aggregator sector, particularly on Solana.
As of late 2025, Jupiter commands 93-95% market share in Solana DEX aggregation, routing over 74% of chain volume and leading global aggregator rankings with $37.5B in 30-day volume (DeFiLlama).
By evolving into a DeFi superapp, it enhances user stickiness, liquidity network effects, and barriers to entry, solidifying near-monopoly on Solana.
Cross-chain limitations cap broader dominance against multi-chain rivals (e.g., OKX DEX), but omni-chain ambitions could elevate overall potential.
High monopoly likelihood on Solana; moderate globally.
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