Liquidity depth
The resting side of the market — how much you can trade against, across every Solana venue at once. Cumulative depth is the size you can fill within a price band; the aggregate stitches every AMM and pool into one book. Together they show how much the market can absorb before price moves.
Liquidity depth
executable clip size vs price (USDC)One asset, scattered across many venues
On Solana there is no single order book. Liquidity for one asset is split across dozens of automated market makers — Raydium, Orca, Meteora, Lifinity and more — and within each, across many independent pools running different models: constant-product, concentrated-liquidity (CLMM), and dynamic bins (DLMM). Every pool is its own venue, with its own price and its own depth. The chart above shows a single pool or the aggregate; below is why that distinction matters.
Fragmented, then stitched into one book
cumulative depth · colored by venueEach color is a venue. Stacked, they form one continuous depth curve — the same asset, sourced from everywhere at once. No single band spans the whole book; the depth a large order needs only exists once the venues are combined.
Depth lives in many pools. No single venue holds the full book, so an order that clears one pool barely moves the others — and quoted on any one venue, the market looks thin.
Aggregators like Jupiter split an order across venues at execution time, routing each slice to wherever it is cheapest — so takers feel one deep market instead of many shallow ones.
Polaris reconstructs every venue’s on-chain state into a single synthetic order book, continuously — the aggregated picture, live and legible, before you send a trade.