Phantom Wallet Token Swap Routing: Why Jupiter Finds Better Prices Than Raydium for Identical Trades

A trader on the Solana blockchain opens Phantom Wallet to swap 100 SOL for USDC. The interface offers multiple options: direct swap through Raydium, or routing through Jupiter. The quoted prices differ noticeably. Raydium shows 24,500 USDC for 100 SOL. Jupiter shows 24,680 USDC for the same input—nearly 0.7% more output, worth roughly $18 at […]

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