Jupiter (JUP) project investment research report: DEX aggregator and trading tools on Solana
Jupiter (JUP) was launched on January 31. Jupiter is a decentralized exchange aggregator (DEX) built on the Solana blockchain. From its origins as a trading engine, Jupiter has evolved into a multi-product protocol covering dollar cost averaging (DCA), limit orders, perpetual trading, and most recently Launchpad. The goal of the project is to create a world-class experience for traders by providing liquidity with the best possible prices and minimal slippage. JUP is currently open for trading on HotsCoin.
Token information:
Total supply: 3,000,000,000 JUP
Products and Tools:
Jupiter offers a wide range of tools designed to meet different user and trading needs:
Swaps: Provides a payment API for specifying the exact output token amount.
Limit order: An order that allows users to set a specific price.
DCA (Dollar Cost Averaging): A tool for period investment strategies.
Jupiter Launchpad: A launch platform for new projects.
Jupiter Token List API:
Jupiter introduces token list API to increase transparency and transparency of transactions for users and developers
safety. The core features of the API include:
Security: Only verified token addresses are displayed.
On: Automatically add new tokens with sufficient liquidity to the "Full" list.
No opinion: All data is included and users can choose the tokens they need.
Collaboration: Build a robust and comprehensive list by working with ecosystem partners.
Community-driven: The community drives the verification process.
"Strict" and "All" lists:
Strict List: Shows only verified tokens, labeled "Old Registry", "Community" or "Wormhole".
Full list: Includes all auto-picked unknown/unmarked tokens.
Tags and extensions:
Each token can have multiple tags, such as "Old Registry", "Community", "Wormhole", etc. The "isBanned" flag in the extension indicates that the token is banned.
User experience and interface:
Jupiter offers two modes in its user interface: "strict" and "all". Users can choose to view the complete list in different modes according to their needs.
Community validation and proposals:
Jupiter supports community validation, allowing anyone to propose additions to the "strict" list. The process is still in its early stages but aims to continue to improve through collaboration from the community.
Conclusion:
Jupiter, a DEX aggregator built on the Solana blockchain, is committed to delivering a world-class experience regardless of use case or need through its innovative product and token listing APIs. A community-driven approach and open collaboration model make Jupiter a high-profile member of the Solana ecosystem.