Jupiter, a leading decentralized exchange (DEX) on Solana, made a series of major announcements today at Solana Breakpoint 2024, the Solana ecosystem's largest annual conference. These updates include the acquisition of SolanaFM, the second-largest explorer on Solana, and Coinhall, the leading aggregator across Cosmos.
Co-founder Siong delivered a keynote address outlining the ambitious roadmap ahead for Jupiter.
METROPOLIS API PLATFORM
Building on the foundation of Jupiter's existing APIs (Swap, Tokens, and Price APIs), the Metropolis API Platform makes it easier for developers to integrate with all of Solana's liquidity and build sustainable businesses. Anyone with an internet connection can leverage these APIs to streamline development and create innovative applications on Solana.
JUPITER RFQ
Deepening liquidity on Solana by connecting market makers directly to Jupiter's routing engine. This innovative feature allows market makers who primarily use exchanges like Binance to easily provide liquidity on Solana, ensuring that Jupiter consistently offers the best prices.
JUPITER PERPS V2
Redefining perpetual contracts on Solana with enhanced features, competitive fees, and unparalleled reliability.
Perps V2 is a significant upgrade from its predecessor, offering a richer feature set, competitive fees, and unmatched reliability. This new version introduces limit orders, a revamped Doves oracle for enhanced pricing accuracy, and gasless transactions, ensuring a seamless and cost-effective trading experience.
With Perps V2, traders can benefit from the convenience of limit orders, the reliability of the Dove oracle, and the efficiency of gasless transactions, all backed by $600 million in JLP liquidity. This combination makes Solana the most compelling platform for perpetual contracts.
JUPITER MOBILE
Jupiter Mobile is poised to revolutionize how people interact with Solana by offering a frictionless and intuitive user experience. It simplifies the onboarding process, making Solana accessible to everyone regardless of their technical expertise. Users can easily connect their existing wallets or use popular payment methods like Apple Pay, Google Pay, or credit cards. Additionally, Jupiter Mobile eliminates the need for complex seed phrases, making it easy for new users to get started.
The platform also offers zero platform fees, ensuring that users can enjoy cost-effective transactions without worrying about hidden charges. With its 1-tap swap feature, users can effortlessly swap tokens with just a single click, streamlining the trading process.
APE PRO: TAKING ON Pump.fun
Jupiter is now making moves to capture the meme coin market by taking on the popular Pump.fun, a no-code meme coin creation platform.
Ape Pro stands out from its competitors, such as Pump.fun, by offering lower trading fees, a seamless mobile experience, faster transactions with Google login, and a robust token creation process. With a competitive 0.5% trading fee, Ape Pro provides a cost-effective solution for traders. Its mobile optimization ensures a smooth and efficient experience on the go, while Google login simplifies the onboarding process, eliminating the need for complex seed phrases. Additionally, Ape Mint, a feature within Ape Pro, allows users to easily mint new tokens, lock liquidity for project credibility, and earn perpetual swap fees, creating a sustainable revenue stream and combatting the current PVP model in the meme coin ecosystem.
Jupiter emphasized the company's dedication to making Solana even more awesome. "Solana is already the best. And we're here to make using Solana even more awesome," he said. "Today's updates signal our strong commitment to building the platform, team, and community needed to drive it forward."
Co-founder Siong delivered a keynote address outlining the ambitious roadmap ahead for Jupiter.
METROPOLIS API PLATFORM
Building on the foundation of Jupiter's existing APIs (Swap, Tokens, and Price APIs), the Metropolis API Platform makes it easier for developers to integrate with all of Solana's liquidity and build sustainable businesses. Anyone with an internet connection can leverage these APIs to streamline development and create innovative applications on Solana.
JUPITER RFQ
Deepening liquidity on Solana by connecting market makers directly to Jupiter's routing engine. This innovative feature allows market makers who primarily use exchanges like Binance to easily provide liquidity on Solana, ensuring that Jupiter consistently offers the best prices.
JUPITER PERPS V2
Redefining perpetual contracts on Solana with enhanced features, competitive fees, and unparalleled reliability.
Perps V2 is a significant upgrade from its predecessor, offering a richer feature set, competitive fees, and unmatched reliability. This new version introduces limit orders, a revamped Doves oracle for enhanced pricing accuracy, and gasless transactions, ensuring a seamless and cost-effective trading experience.
With Perps V2, traders can benefit from the convenience of limit orders, the reliability of the Dove oracle, and the efficiency of gasless transactions, all backed by $600 million in JLP liquidity. This combination makes Solana the most compelling platform for perpetual contracts.
JUPITER MOBILE
Jupiter Mobile is poised to revolutionize how people interact with Solana by offering a frictionless and intuitive user experience. It simplifies the onboarding process, making Solana accessible to everyone regardless of their technical expertise. Users can easily connect their existing wallets or use popular payment methods like Apple Pay, Google Pay, or credit cards. Additionally, Jupiter Mobile eliminates the need for complex seed phrases, making it easy for new users to get started.
The platform also offers zero platform fees, ensuring that users can enjoy cost-effective transactions without worrying about hidden charges. With its 1-tap swap feature, users can effortlessly swap tokens with just a single click, streamlining the trading process.
APE PRO: TAKING ON Pump.fun
Jupiter is now making moves to capture the meme coin market by taking on the popular Pump.fun, a no-code meme coin creation platform.
Ape Pro stands out from its competitors, such as Pump.fun, by offering lower trading fees, a seamless mobile experience, faster transactions with Google login, and a robust token creation process. With a competitive 0.5% trading fee, Ape Pro provides a cost-effective solution for traders. Its mobile optimization ensures a smooth and efficient experience on the go, while Google login simplifies the onboarding process, eliminating the need for complex seed phrases. Additionally, Ape Mint, a feature within Ape Pro, allows users to easily mint new tokens, lock liquidity for project credibility, and earn perpetual swap fees, creating a sustainable revenue stream and combatting the current PVP model in the meme coin ecosystem.
Jupiter emphasized the company's dedication to making Solana even more awesome. "Solana is already the best. And we're here to make using Solana even more awesome," he said. "Today's updates signal our strong commitment to building the platform, team, and community needed to drive it forward."
3 months ago
