Every Solana transaction pays a network base fee of 5,000 lamports per signature, on top of the pool or platform fee. This list ranks four venues on what their own docs publish. Jupiter, Meteora and Raydium are not on it because their terms exclude US residents.
Quick answer
Swap and provide liquidity on Orca, and use Pump.fun only for new bonding-curve launches.
Orca's Whirlpools let pool creators pick fee tiers from 0.01% to 2%, and 87% of trading fees go to liquidity providers. The US is not on its blocked-regions list.
Chains
Solana
Platforms
Web, SDK, API
Custody
Non-custodial
Fees
0.01% to 2% by pool fee tier
Token
ORCA, launched August 9, 2021
Pros
Fee tiers as low as 0.01%
87% of trading fees go to liquidity providers
No interface fee on standard swaps
Cons
Adaptive fee pools can charge more than the base tier in volatile markets
Some tick ranges need a non-refundable account costing about 0.07 SOL
UI blocked in over 20 sanctioned countries and regions
Skip it if you do not want to manage price ranges: concentrated positions stop earning out of range.
Pump.fun creates coins for 0 SOL and charges 1.25% per bonding-curve trade. Coins that graduate move to a PumpSwap pool for a 0.015 SOL fee. Its perpetuals feature is not available to US persons.
Chains
Solana
Platforms
Web, iOS, Android
Custody
Non-custodial
Fees
1.25% per bonding-curve trade; 0 SOL to create
US availability
Available; perpetuals feature excluded for US persons
Pros
Creating a coin costs 0 SOL or 0 USDC
Creators receive 0.30% of each bonding-curve trade
Fee schedule published with tiers by market cap
Cons
1.25% total fee on bonding-curve trades
Perpetuals feature, run through Hyperliquid, is not available to US persons
0.015 SOL fee when a coin graduates to PumpSwap
Skip it if you trade established tokens: the 1.25% curve fee is far above Orca pools that charge as little as 0.01%.
PancakeSwap runs on 11 chains, including Solana, BNB Chain, Ethereum and Base. Its audits come from PeckShield, SlowMist, BlockSec, Cyfrin and HashDit.
TVL on Solana: total value locked in the protocol on this chain, from DefiLlama, refreshed daily. A dash means DefiLlama does not track it on Solana.
“Not verified” means we could not confirm the value on the project’s own pages.
How we rank DEXs on Solana
01Fees: pool or platform fee from the project's docs, on top of Solana's 5,000 lamport base fee.
02Pool types: AMM, concentrated liquidity, dynamic-fee or bonding-curve pools.
03Audits and history: named auditors and dated incidents.
04US access: whether the project's terms or blocked-regions page exclude US users.
05Solana focus: Solana-native venues rank above multichain ones with less Solana detail.
No project paid to be listed or ranked. Full rules: methodology.
What we did not test
We did not open accounts, deposit money or place trades with these services.
We did not audit smart contracts, reserves or security claims ourselves; we report what the project and its auditors publish.
Fees, limits and availability change; the list date shows when we last checked them.
Rubric last updated Oct 1, 2026. Crypto assets are not insured by the FDIC or SIPC, and you can lose all the money you put in. This page is educational content, not financial advice.
How to choose
01
Add the network fee to the swap fee
Each Solana transaction pays 5,000 lamports per signature, plus an optional prioritization fee that goes 100% to the validator. The pool fee (0.01% to 2% on Orca) is charged on top.
02
Check the pool, not only the DEX
On Orca the fee is set per pool, so read the pool fee before you confirm.
03
Be careful with brand-new tokens
Pump.fun charges 1.25% on bonding-curve trades.
04
Use an aggregator for size
Compare the quote on more than one pool before a large swap.
Who should skip all of these
Traders who want leverage from the US on Pump.fun: its perpetuals feature excludes US persons.
Anyone who needs a custodial exchange with bank withdrawals: these are self-custody venues.
Orca pools can charge as little as 0.01%. Every trade also pays Solana's base fee of 5,000 lamports per signature.
Is Jupiter on this list?
±
No. Jupiter is a Solana DEX aggregator, but its Terms of Use list the US as a prohibited locality.
Can US users use Solana DEXs?
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The US is not on Orca's blocked-regions list. Pump.fun is available, but its perpetuals feature excludes US persons. Jupiter's, Meteora's and Raydium's terms exclude US residents.
Is Raydium on this list?
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No. Raydium's disclaimer excludes US residents.
Where do Pump.fun coins trade after they graduate?
±
In a PumpSwap pool. Graduation costs a 0.015 SOL fee.
Compiles and updates the lists on DappAtlas. Facts come from primary sources: each project’s own pages, protocol docs and standards. No project pays to be mentioned.