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Jupiter- Blockchain for Decentralized exchange

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Sheena Jordan reporter

Fri, 15 Mar 2024, 09:49 am UTC

It is a decentralized cryptocurrency exchange based on Solana.it is built from Nxt's system based on cryptography and blockchain technology. Jupiter directly connects all DEX markets and AMM pools no matter the provider and will find all direct and multi-hop routes between any two tokens on Solana.

Jupiter automatically picks up any market or pool for any of the DEXes it currently aggregates.

It offers a wide variety of tools such as

Swaps

Payments API to specify an exact output token amount

Limit Orders

DCA

Gravity interacts directly with the Jupiter blockchain, encrypting and securing your information in individually permissible messaging data.

Flexible and secure (AES-256 bit encryption) password manager that gives you complete control of your account information. fndr supports customized connectors that tell fndr where to store your encrypted account information.

Leda- The official marketplace for NFTs for Jupiter. Create,sell, or collect digital items secured on Ethereum.

Jupiter- Fs- A small file system implementation for the Jupiter blockchain.

Jupiter SDK- A thin wrapper over the Jupiter blockchain API with some utility functions to make doing common tasks like fetching data and encrypting/decrypting data easy.

Platform fees -

There are no protocol fees on Jupiter, but integrators can introduce a platform fee on swaps. The platform fee is provided in basis points, e.g. 20 bps for 0.2% of the token output.

JUPUSD surged more than 100% in this month. It holds above the short-term (21 and 55 EMA) and above the long-term moving average. It hit a high of $1.0480 and is currently trading around $0.9617.

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