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Titan’s so-called Meta Dex aggregator has moved to a private mainnet, the team told LightSpeed exclusively.
The platform allows users to exchange by selecting quotes from multiple Solana Dex aggregators, including Titan itself. Titan Exchange CEO and co-founder Chris Chung says Titan is the best Solana current Dex aggregator Jupiter in 80% of the time.
DEX aggregators route algorithmically across multiple DEXs to find the best possible price for users. As a result, when you exchange Jupiter’s tokens, most traders will hit more people than, say, phantoms. Meta Dex Aggregators allow users to choose the quotes given by various aggregators. Lamaswap is a popular metadex in Ethereum, but Titan has ported the concept to Solana.
Sitting at the coffee shop, he threw stones from Blockworks’ digital assets summit and asked Chung to explain how Titanium could beat Jupiter at Price. He said it was “pure mathematics.”
“Classic pass finding is like spraying and prayer. So the route (of Jupiter) is always like a 10% chunk,” Chung said. “Our contracts currently reach base point accuracy” means that we can reduce the transaction to an increment of 0.01%. Chong added that Titan aggregators can route more pools than Jupiter can.
Titan’s approach is inspired by pass funding in traditional stock markets, where low-latency trading requires a “stochastic” pass funding approach, Chong said.
Technology improvements aside, Jupiter recently began charging 0.1% fees for swaps, but initially Titan didn’t. I did some swaps on Titan in parallel with Jupiter’s swap, but Titan aggregators got a better price every time. If you’re running a few cents like me, the price improvement is small, but the improvement is more pronounced in size.
