m2 on Solana

How to read the m2 DEX market dashboard on Solana

The m2 DEX market page on Solana aggregates onchain analytics for this protocol, showing live trades, active trading pairs, top traders and (on Solana) liquidity pools. Use this page to understand how much activity flows through m2, which tokens and pools it concentrates, and how traders interact with this venue compared to other protocols on Solana.

• Last trades (real-time). The "Last trades" tab shows a real-time stream of the most recent DEX trades executed on m2, including execution time, trading pair, side (buy/sell), trade size in tokens and USD, price in USD, pool/market address and transaction hash. This helps you see the current order flow, which tokens are actively changing hands and how liquidity is being used on this specific DEX market right now.
• Trading pairs. The "Pairs" tab lists all token pairs traded on m2 with last price, short-term and intraday price changes, 24h volume in USD, number of trades and unique traders per pair. This view highlights which pairs concentrate most of the liquidity and activity on m2 and which assets traders prefer to trade on this venue versus others.
• Top traders. The "Top traders" tab surfaces the most active wallets trading on m2, including their total 24h volume, buy/sell split and trades count. This makes it easy to identify whales, market makers or other key participants that drive a significant share of volume on this DEX market.
• Bitquery APIs & streams. Each tab includes "Get API" buttons (and a "Get Stream" button for live trades) that open the exact Bitquery GraphQL queries and subscriptions powering these views. You can plug them directly into your own DEX analytics dashboards, trading tools or monitoring systems and customize fields, filters, networks and time ranges to build a tailored view of m2 protocol activity.

When analyzing m2 on Solana, pay attention to overlaps between high 24h volume in pairs, concentrated activity from a small set of top traders and deep liquidity in key pools — together these usually highlight how important this DEX venue is for specific tokens and strategies, and whether it is gaining or losing share versus other protocols on the same network.