The post What’s Solana’s Best Liquidity Tool? appeared on BitcoinEthereumNews.com.

In a decentralized financial ecosystem, liquidity plays an irreplaceable role, it is like the pulse of the entire ecosystem. Let’s learn about a liquidity project called Jupiter Liquidity Aggregator on Solana Blockchain via this Jupiter review. About Jupiter Jupiter is the main liquidity aggregator for Solana, offering the widest range of tokens and discovering the best route between any token pair. It provides the most user-friendly user experience for users and the most powerful tools for developers to enable them to easily access best-in-class exchange in their application, interface, or on-chain program. Surname. Jupiter focuses on the best integrations, discover the best rate and split deals with best in class user experience for user friendliness, seamless integration with any website and fun API taste eliminates the pain and crashes of swapping (and dark mode). How does Jupiter Work? The price of the token can change rapidly at any given time. Therefore, the best-priced trade is not always available on one DEX and may involve a combination of transactions across multiple DEXs. Jupiter works to discover the best deals. Jupiter directly connects all DEX markets and AMM pools together regardless of vendor and will find all direct and multi-hop routes between any two tokens on Solana. Jupiter not only compares prices between markets on different DEXs, but often the best priced routes are not live markets. Instead, Jupiter can find the best price by routing through an intermediary token, e.g. USDC-mSOL-SOL instead of USDC-SOL. This could be due to price inefficiencies and/or volatility in the various markets that Jupiter passes through. Jupiter will divide your trades into smaller trade sizes. For example, if you wanted to do a 100 USDC-SOL trade, it might roll out your trade into a 30 USDC-SOL trade on Raydium and a 70 USDC-SOL trade on Orca.…

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Filed under: News - @ October 21, 2023 8:20 pm