Jupiter DEX integrated Pump.fun and Moonshot
The post Jupiter DEX integrated Pump.fun and Moonshot appeared on BitcoinEthereumNews.com.
Jupiter Spot allows direct access to Pump.fun and Moonshot tokens. The spot market feature brings direct buying for new tokens. Jupiter DEX extended its services by offering spot buying for new and risky meme tokens on Solana. The Jupiter spot market has a new product to integrate Pump.fun and Moonshot, two of the most active meme token casinos. Traders can now buy directly into early liquidity tokens. The new tool arrived just days after Pump.fun achieved an all-time transaction peak in August. The token launch platform makes up to 30% of all Solana transactions each day, depending on specific activity spikes. The effect of Pump.fun was felt since April, and may continue to affect Solana DEX traffic as access to trading tools improves. Moonshot trading is slower compared to Pump.fun, though offering more intuitive data on liquidity pairs. As of the last quarter, some of the most active destinations for Jupiter DEX trades are Raydium, Jupiter Perpetual Futures, as well as OpenBook V2. Jupiter itself is agnostic to the DEX and is constantly rotating through Solana projects, depending on their ability to raise liquidity. Jupiter DEX aggregator aims for optimized routing and fees Jupiter uses Dexscreener’s technology, which already tracks liquidity, trending tokens, and other metrics. Jupiter Spot then takes care of the swap and routing, with the applicable SOL fees for gas and block inclusion. 1/ Jupiter Spot has integrated both @pumpdotfun and @moonshotdotcc by @dexscreener, allowing you to trade any new token instantly! Search for any CA and it’s go time — pic.twitter.com/GQaJbfztn0 — Jupiter 🪐 (@JupiterExchange) August 28, 2024 Jupiter has also increased its capabilities for routing new tokens while allowing the best possible slippage and fee conditions. Meme token trading remains risky and may require higher fees for faster sniping. However, new cheap tokens are also…
Filed under: News - @ August 29, 2024 7:20 am