Introducing Jupiter Swap V3: Leveraging our new Metropolis liquidity backend to enable Instant Routing, Dynamic Slippage, Smart Token Filtering, Ecosystem Token List and more!
🧵🪐
Metropolis
We completely re-engineered our backend systems to solve key user problems including new token discovery, difficulty of figuring out correct safe slippage, finding the right token, important warnings and more.
This allows Jupiter to keep up with the exploding number of new markets and tokens, while preserving the safety, convenience we are known for.
Instant Routing For New Tokens
Now, new tokens from Raydium, Meteora, and Orca immediately enjoy full Jupiter Routing.
This means you can swiftly trade new launches using any token, and with the best prices, or enjoy the entire Jupiter product suite (DCA, Limit Orders, Value Average).
1/ Today, we’re kicking off the Giant Unified Market initiative - our key effort to bring all assets into a single atomic market, accessible by everyone in the world with a fraction of a cent.
Only on Solana, powered by Jupiter, enabled by the best partners in crypto.
Whether it is memecoins, RWAs, stocks or forex, we want to bring all these assets to Solana and index them on Jupiter - allowing users to transact across all these markets atomically.
This is one of the great dreams of finance & we want to make it happen right here on Solana.
1/ To help drive the evolution of the Solana ecosystem, we are happy to share that Token2022 is now officially supported on ! @FluxbeamDEX has been integrated into our routing and tokens like $BERN & $MOON can now be seamlessly traded with all the other… https://t.co/OnQv6nuHek https://t.co/oIOpdGFluPjup.ag twitter.com/i/web/status/1…
2/ As an introduction: Token2022 is a new token standard developed by Solana Labs that presents a superset of functionality provided by the standard SPL Token Library, including transfer fees, interest bearing tokens, non-transferability, and immutability.
3/ This enables new types of tokenomics to be developed - for eg, $BERN leverages the transfer fee extension, taking a 6.9% fee, which is then used to reward holders of $BERN & $BONK, while $MOON is leveraging transfer fees to create a deflationary tokenomics thru reducing supply
1/ We're excited to announce Jupiter v2 - a major upgrade to our routing engine! Rewritten in Rust to tap on the speed of Solana, it now offers advanced routing across 20+ liquidity venues for better pricing on large & small trades.
2/ This engine was made possible by the introduction of major composability improvements in Solana last year, including Versioned Transaction, where more complex txns such as multiple hops and split trades can be executed together within one atomic txn.
3/ Our quote and pricing API will similarly undergo major upgrades, allowing integrators to seamlessly adopt the new engine for better quoting and more accurate/deeper real-time price data.