How to build your Solana sniper bot (3)💰🚀

Solana DEX platforms are decentralized exchanges built on the Solana blockchain, allowing users to trade cryptocurrencies directly with each other without a centralized intermediary. A DEX uses smart contracts to execute trades, and users retain control of their funds through non-custodial wallets. Automated Market Makers (AMMs) replace traditional order books with liquidity pools, where users deposit pairs of tokens to facilitate trading. Liquidity providers earn fees from trades that occur in their pool, but are exposed to impermanent loss when the price of tokens in the pool changes. Solana DEXs offer high speed, low fees, and decentralized trading, making them attractive for users. Popular Solana DEXs include Raydium, Orca, Serum, Mango Markets, and Saber, each with their unique features and focus areas. Jupiter Aggregator is a liquidity aggregator that optimizes trading by routing trades across multiple DEXs to provide users with the best possible prices and lowest slippage. Pump.fun is a platform that allows users to create and trade meme coins easily, with a bonding curve mechanism to provide liquidity for newly created tokens. The Solana ecosystem offers a range of DeFi applications and tools, including yield farming, token swaps, and cross-chain trading. Overall, Solana DEXs provide a decentralized and efficient way for users to trade cryptocurrencies, with a focus on speed, low fees, and community-driven development.