PANews reported on December 29th that analyst Eekeyguy published an analysis on the X platform stating that arbitrage trading on Solana is divided into atomic arbitrage and bundled arbitrage. Many arbitrage bots do not run custom programs but trade through aggregators such as Jupiter and DFlow. At least 40% of Jupiter's trading volume is purely atomic arbitrage activity. Aggregators handle approximately 60% of all Solana DEX trading volume, and Jupiter holds about 90% market share in this area. Therefore, approximately 22% of Solana DEX's total trading volume is simply atomic arbitrage trading through Jupiter. Furthermore, after including bundled arbitrage data, Jupiter's arbitrage trading share jumps from 40% to 50%, bringing its total DEX arbitrage trading share to approximately 27%. Including DFlow and other aggregators, it is estimated that arbitrage trading tracked solely through aggregators accounts for approximately 30% of all Solana DEX trading volume. Conservative estimates suggest that at least 50% of trading volume on the Solana DEX is arbitrage trading, and on certain days this proportion may approach 60% to 70%. Note: The above analysis does not capture other types of arbitrage strategies. Atomic arbitrage refers to completing the transaction within a single trade—buying low on one DEX and selling high on another, profiting from the price difference in one transaction. Combination arbitrage achieves the same result through multiple trades within the same block.