Pacifica Leads Solana DEX Market with $65.3B October Volume

• Pacifica now leads Solana’s DEX market, surpassing Jupiter in trading volumes.
• The platform has achieved rapid growth through strategic liquidity measures and innovative features.

On November 13, 2025, Cryptopolitan reported that Pacifica, a fast-growing perpetual futures decentralized exchange (DEX) on Solana, overtook Jupiter to claim the top spot in trading volumes for daily, weekly, and monthly metrics. This development underscores significant changes in Solana's perpetual DEX sector, as Pacifica establishes itself as the new leader.

Pacifica's rise coincides with record-breaking activity in Solana’s derivatives market. In October 2025, perpetual DEX volumes on Solana totaled $65.3 billion, indicating strong demand for decentralized derivatives trading platforms. Despite operating as a closed platform accessible only by invitation, Pacifica outpaced Jupiter in transaction volumes, reflecting its robust market positioning and high user engagement.

Led by Constance Wang, former COO of FTX, Pacifica has focused heavily on liquidity expansion and user incentives to drive growth. Recently, the platform increased its deposit threshold to $100,000 and rolled out a point farming system that distributes 10,000 points every Thursday. These measures have bolstered trading activity and contributed to its growing dominance within the network.

Looking ahead, Pacifica plans to introduce a mobile version, expand across multiple blockchain networks, and launch new services such as a spot market and decentralized finance (DeFi) lending. These initiatives are designed to strengthen its market position and broaden accessibility for a larger user base.

The growth of Pacifica mirrors the overall expansion of the perpetual futures space. In October alone, decentralized perpetual futures trading recorded a total transaction volume of $1.36 trillion. Analysts attribute Pacifica's early accomplishments to innovative features, effective liquidity strategies, and Wang's leadership in enabling the platform to challenge well-established competitors on Solana.

As of November 13, 2025, 15:08 UTC, Solana (SOL) is trading at $154.43, reflecting a 2.77% decline in its 24-hour trading volume. Jupiter (JUP) is priced at $0.337, showing a 3.03% decrease in 24-hour trading volume. Meanwhile, Aster (ASTER) is trading at $1.103, experiencing a 4.63% drop according to the latest market data.