Jupiter quotes · real impact · who actually supplies NEIRO liquidity
Green ≤0.2% · Yellow 0.2–5% · Red >5%. Venue = where NEIRO actually executes (not USDC→SOL routing).
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Execution venues trade NEIRO directly. Public pools are on-chain. Pre-route venues only swap into SOL/USDC before NEIRO.
Detected when large quotes improve without new public pools, routes split across venues, or buy/sell impact diverges.