# Solgraph

> Solana execution intelligence. Solgraph reconstructs market conditions, routing, MEV and
> fees around any Solana trade, and measures the execution a wallet, router or trading system
> delivers to its users. Post-trade execution analysis and transaction cost analysis (TCA)
> for Solana. Solgraph also runs market and forensic investigations: rug pulls, token
> launches, sniping, wash trading, wallet tracing, adversarial trading and market incidents.

Website: https://solgraph.org/
Contact: contact@solgraph.org

## What Solgraph does

- Execution quality — compares a fill against the liquidity that was executable at the ledger
  position the trade landed in.
- Router performance — benchmarks routes and quotes across Jupiter, DFlow, custom routers and
  direct venue access.
- Cost attribution — separates market movement, routing loss, MEV and application fees, in
  basis points.
- Fee and value flow — traces every economically relevant transfer from input to final
  proceeds: DEX fees, wallet and integrator fees, priority fees, Jito tips.
- Market context — replays liquidity and competing transactions around a fill, including
  sandwiching, backruns and competing arbitrage.
- Execution audits — measures a period or batch of swaps, normalized by pair, size and market
  conditions.

## Investigations

Solgraph reconstructs Solana market events from the ledger, block by block:

- Rug pulls — liquidity removal, deployer and insider wallet flow, exit routes.
- Token launches — launch mechanics, early buyers, distribution.
- Sniping — first-block and early-block buying around a launch.
- Wash trading — circular and self-dealing flow between related accounts.
- Wallet tracing — activity, counterparties and funding paths across a period.
- Adversarial trading — sandwiching, front-running, backruns, competing arbitrage.
- Market incidents — what happened, in what order, to which accounts, and what it cost.
- Backtest validation — whether a strategy's fills, slippage and fees survive real market
  conditions.

Findings describe observable activity and what it cost. Solgraph does not allege intent or
fraud, and does not name individuals.

## Questions Solgraph answers

- Why did this fill differ from the quote?
- Did the router choose a competitive route?
- Where did the basis points go?
- What did MEV and competing flow cost this trade?
- What is our execution stack costing users across an entire flow?
- Was this token rugged, who moved the liquidity, and where did the proceeds go?
- Who sniped this launch, and is this volume real?

## How it works

Solgraph runs on its own raw Solana block archive. Swaps are replayed against reconstructed
venue state through each venue's own integer math, at slot and transaction-position
granularity.

Venues with full state and exact math: Pump AMM, Pump.fun, Meteora DLMM, Meteora DAMM v2,
Orca Whirlpool. Programs decoded into typed records: Jupiter, Raydium, OKX router, SPL Token,
Token-2022, Jito tips. New programs and venue models are built when an investigation requires
them.

Every figure is labelled by provenance: observed onchain, reconstructed, provided by the
customer, or inferred.

## Who it is for

Funds, proprietary trading firms, market makers, quant and bot operators, wallets, trading
applications, aggregators, and protocol teams.

## Contact

Send a transaction signature, a wallet, a dataset, or a time range to contact@solgraph.org.
Original quote payloads and router logs make the analysis sharper.