
newsAug 17, 20251:13:48pending
Inside Dark Pools On Solana With Benedict
About this episode
Welcome back to The Gwart Show! Today, Benedict Brady, former quant trader and founder of Meridian joins us to talk about Solana's dark pool ecosystem, Jupiter's market dominance, the move from traditional AMMs to sophisticated trading infrastructure, MEV wars, and how his AI-powered trading assistant is changing crypto trading interfaces.
Timestamps:
00:00 Start
00:19 Benedict intro
02:32 Solana focused work
05:14 Solana market evolution
13:03 RFQ vs Dark AMM
15:24 Partial RFQ Fills
17:17 Dark AMMs in practice
19:58 Define "Dark"
23:46 Why Jupyter?
27:45 Dark AMM big unlock?
30:19 Deep thoughts...
32:14 Are Solana spreads tight?
36:02 Wintermute
37:19 Why the secrecy?
40:01 Hello MEV, my old friend
45:26 Gwart the Bitcoin Maxi (or not)
49:23 SOL vs ETH
52:44 App sequencing
55:33 Perp DEX is actually an L2
58:35 BAM
59:36 Permissionless building
1:04:29 Meridian
1:07:11 LLM trading
1:09:27 AI + Crypto killer apps
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