#Jupiter Archives - Smart Liquidity Research

Jupiter Unveils Giant Unified Market Initiative on Solana

diane — Thu, 30 May 2024 13:37:32 +0000

Jupiter unveils the Giant Unified Market Initiative on Solana, signaling a significant advancement in blockchain investments.

Jupiter unveils its groundbreaking initiative, the Giant Unified Market, marking a significant milestone in the evolution of global financial markets. This innovative endeavor aims to transform the way assets are traded by consolidating them into a single atomic market accessible to individuals worldwide. Powered by Solana and supported by top-tier partners in the crypto industry, this initiative promises to democratize access to financial instruments and streamline trading processes.

A Vision for Universal Access

The GUM initiative seeks to fulfill the great dream of finance by bringing various assets, including memecoins, real-world assets (RWAs), stocks, and forex, onto the Solana blockchain. By indexing these assets on Jupiter, users can seamlessly transact across different markets atomically, revolutionizing the accessibility of financial instruments.

Three Pillars of Success

To realize its vision, Jupiter focuses on three key pillars: diversifying the range of assets available on Solana, fostering liquidity for these assets, and enhancing accessibility to global markets. Through strategic collaborations with leading asset management, liquidity provision, and distribution teams, Jupiter aims to drive these initiatives forward. The formation of the GUM Alliance underscores the collective effort to build a more robust and inclusive financial ecosystem.

Endorsements and Contributions from Industry Leaders

Industry leaders express excitement and commitment to the GUM initiative, recognizing its potential to democratize access to global markets. From DinariGlobal’s Gabriel Otte’s enthusiasm for offering compliant exposure to US shares on Solana to Nathaniel Sokoll-Ward of Villcaso’s vision of globally accessible real estate investing, each endorsement underscores the transformative impact of the GUM initiative.

Jeremy Ng from OpenEden emphasizes the importance of their proprietary technology stack in facilitating asset tokenization, while Wintermute’s Tim Wu highlights the critical role of liquidity in market health. DWFLabs’ Eugene Ng underscores the importance of liquidity provisioning in shaping the future of finance, echoing sentiments shared by the Solana Foundation’s Austin Federa.

Asymmetric’s Joe Mccann emphasizes the need for fairer trading environments, particularly in light of recent events such as the GME craze. He sees the GUM initiative as a step towards enabling equitable participation in financial markets, ultimately striving to level the playing field for all market participants.

Conclusion

In conclusion, Jupiter’s unveiling of the Giant Unified Market initiative represents a significant step towards democratizing access to global financial markets. With its focus on inclusivity, transparency, and innovation, this initiative promises to reshape the way assets are traded and empower individuals worldwide. As the GUM initiative gains momentum, it has the potential to drive positive change in the financial industry and foster a more equitable and accessible trading environment for all.

SOURCE

https://x.com/JupiterExchange/status/1792971740458693020

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Canoe Finance Integration with Jupiter Aggregator

diane — Mon, 15 Aug 2022 15:46:32 +0000

Canoe Finance, simple MetaFi integration with upgradable SDK, announced its integration with Jupiter Aggregator, the best swap aggregator, and infrastructure for Solana.

Canoe Finance announced its integration with Jupiter revenue sharing feature for its best-price swap aggregation in its up-and-coming mobile game Canoe Warrior.

Partnership Highlights

With this integration, users will be offered the best price swaps for any token on Solana. In addition, Canoe will make swaps a revenue source by adding your platform fee to the transaction. And having the ability to set caching options to make swaps extremely fast.

Jupiter’s UX is perfectly designed for Canoe. And has the most powerful tools for access to the best-in-class swap in their application, interface, or on-chain programs.

Besides, Canoe Open Source DeFi SDK provides a Unity method to use Jupiter on mobile.

According to the CEO of Canoe Finance, Boo, “The integration would allow Canoe’s demo game to receive a user-friendly mobile structure, especially on Unity.

Highlights

Canoe Finance has integrated the revenue sharing feature of Jupiter
Canoe v2 SDK provides a Unity-method to use Jupiter on mobile end

About Jupiter

Jupiter brings together all the liquidity sources across Solana into a single endpoint, providing best-in-class swap aggregation, pricing data and payment features for all users and developers alike.

Website | Twitter

About Canoe Finance

Canoe Finance, previously MetaDEX, is a simple MetaFi integration with an upgradable SDK.

With “DeFi at your fingertips”, Canoe aims to provide an accessible financial service for the metaverse with one simple integration. Canoe Toolkit’s engine and DeFi’s aggregator make it easy to move between Web2 and Web3 portals with just a few lines of code.

Website | Twitter

SOURCE

https://medium.com/blog-canoe-finance/canoe-finance-integrates-jupiters-liquidity-aggregator-1eedf665d723

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RocketX Integration with Jupiter

diane — Mon, 04 Jul 2022 17:32:28 +0000

RocketX, the world’s First Global Liquidity Aggregator that supports Cross-Chain Swaps and Token Transfers, has announced its integration with Jupiter Exchange to increase Interoperability and accessibility.

Integration Highlights

RocketX integration with Jupiter and Phantom Wallet to support Solana Network, letting users transact effectively across several leading networks.

RocketX’s Multi-Chain Smart Routing Protocol will use Jupiter as the main DEX provider with 16 liquidity sources, for the multi-chain crypto swaps. Indeed, Jupiter has over $6B of Solana’s liquidity which is half of Solana’s TVL.

This integration will allow RocketX to support additional 1000+ crypto tokens on the Solana network. Currently, RocketX has over 10,000 tokens listed on its platform.

Furthermore. the Solana users will now have the ability to buy digital assets on 8 leading chains– BNB Smart Chain, AVAXC, Fantom, Polygon, Ethereum, etc, in a single transaction without leaving the Solana network, via RocketX Exchange. RocketX will enable the Solana community. To summarizeTo get the best rates from both centralized and decentralized exchanges, giving them the best of both worlds.

Low Fee Cross-Chain Crypto Swaps

Another important benefit to users includes the low-fee transfer of native assets. Such as on Solana’s SOL, Polygon’s MATIC, etc in a single click, directly without relying on third parties or having to use centralized crypto exchanges. However, this offers a slew of cross-chain transaction possibilities through the RocketX exchange. So, users can do both cross-chain swaps as well as bridge their tokens over multiple chains, from a single UI of RocketX. Settlement for most transactions is expected to be less than five minutes.

RocketX will also integrate Phantom Wallet for safe and easy storage and collection of cryptos on the Solana blockchain.

Multi-Blockchain Future via CEX and DEX Aggregator

The unconnected blockchain ecosystems operating side by side yet siloed from each other are preventing the industry from reaching its full potential. Indeed, this is where a multichain CEX and DEX aggregator like RocketX comes in. However, combining leading networks and the best of both centralized and DEX, into a powerful cross-chain platform.

Key benefits to users:

Swap any token within Solana with Best Rates from both CEX & DEX.
Cross-Chain Swap tokens with 8 leading chains.
Cross-Chain Bridge tokens across 8 leading chains.
0 Platform fees by holding RVF, the exchange’s token.

About RocketX Exchange

RocketX is the first “Multi-Chain” CEX & DEX aggregator that helps users swap any token on any chain with the best rates across 200+ exchanges. Indeed, RocketX is a DEX and on a mission to enhance interoperability between blockchains & simplify Multi-Chain trading by enabling cross-chain swaps and bridging of native assets across leading networks via a single intuitive UI.

Website | Twitter

About Jupiter

Jupiter is the key liquidity aggregator for Solana, offering the broadest range of tokens and best route discovery between any token pair. In other words, Jupiter aims to provide the most friendly UX for users and the most powerful tools for developers. Briefly, to allow them to easily access the best-in-class swap in their application, interface, or on-chain programs.

Website ♦ Twitter

SOURCE

https://www.issuewire.com/solana-chain-is-now-live-on-rocketx-exchange-increasing-interoperability-accessibility-1736816554035660

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Bridgesplit Partnership with Jupiter

diane — Wed, 27 Apr 2022 11:19:48 +0000

Bridgesplit is thrilled to announce its partnership with Jupiter to offer a better swapping experience for their holders.

With this partnership of Bridgesplit and Jupiter, their users will find that swapping tokens is seamless, and they will rest assured that they are receiving the best value for their swap.

Jupiter is the premier Solana DEX aggregator. An aggregator gathers information from various sources and compiles that information into one single endpoint. Specifically, Jupiter is an aggregator for trading tokens on Solana.

Jupiter works by looking at multiple DEXes and AMMs and finding the best value for your swap.

It utilizes ‘Smart Routing,’ which comprises two main components:

Multi-Hop Routing – It means that it not only looks for direct swaps between tokens but may find that it is beneficial to route through an intermediary token.
Trade Splitting is where Jupiter may break up your swap between different DEXes to offset the price impact of large trades or low liquidity.

Bridgesplit Benefits

Jupiter has a dedicated site for swapping tokens, but it can also integrate seamlessly into other platforms like Bridgesplit. They can design its front-end UX while utilizing the Jupiter engine under the hood.

Users will not need to perform extra steps or leave the Bridgesplit site to take advantage of Jupiter’s robust system.
As Bridgepslit grows, more tokens will be added to the platform through floor index tokens, curated index tokens, and future product offerings. Jupiter automatically recognizes any token that will list in the Solana token registry. It means that vault creators, index pool creators, and users can rest assured that the token they interact with is tradeable and legitimate.
Utilizing Jupiter is a way to future-proof swapping on Bridgesplit. As the composability within the ecosystem grows, and the expansion of product offerings branches out into the more extensive Solana network, Jupiter will be able to handle the best routes possible for the swapping of tokens.
Since Jupiter works with top cross-chain products, it ensures that users who are branching from other chains, Eth, Polygon, Terra, etc., can easily swap any token for any token on Solana. As Bridgesplit expands and sets its sights on the larger NFT-Fi space, this functionality will be crucial in onboarding new users from other chains.
Single transaction swaps. Suppose you want to swap the Portals Floor Index Token (IVRY) with the Waves Floor Index Token (WAVES). There is no direct liquidity between the two tokens, but with Jupiter, it would find that you could use IVRY to SOL to WAVES and do this in one transaction.

As the NFT Finance space continues to grow, the role of aggregators like Jupiter will fill a crucial role in helping to keep token swaps running smoothly. Partnerships like Bridgesplit and Jupiter will help mature and evolve NFT Finance into a flourishing ecosystem.

About Jupiter

Jupiter is the key liquidity aggregator for Solana, offering the broadest range of tokens and best route discovery between any token pair. Jupiter aims to provide the most friendly UX for users and the most powerful tools for developers to allow them to easily access the best-in-class swap in their application, interface, or on-chain programs.

Website ♦ Twitter

About Bridgesplit

Bridgesplit is enabling participation through derivative creation, accelerating price discovery and liquidity with unique financial mechanisms, and broadening the design space of projects through new mediums of discovery.

Website ♦ Twitter

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