The latest product in the Jupiter Exchange is JupiterZ, a swapping solution for the Solana ecosystem. Built to enhance the traders’ journey, JupiterZ provides gasless swaps and 0% slippage.
It is a game-changer for users seeking efficiency and cost savings. What has Jupiter Exchange got in store for us now?
A Smarter Way to Swap on Solana
Two significant characteristics of JupiterZ are the RFQ model and the platform’s specialized routing capabilities. This combined approach guarantees that users can transact their trades at the best possible prices. This ensures that with one flip, the prices between the RFQ model and the routing engine are a definite plus.
That’s not all. With gasless swaps, there are no longer complications regarding how many Gas fees you will incur when swapping tokens. This is important when considering the Solana ecosystem, where efficiency and fees are central aspects of the network.
NEW: @JupiterExchange launches JupiterZ on @Solana, offering gasless swaps, 0% slippage, and top prices with a unique RFQ model.
— SolanaFloor (@SolanaFloor) December 18, 2024
The Jupiter Exchange team developed JupiterZ through months of research and development in preparation for this big launch. Their idea was to improve the swap’s efficiency and create a special flow for the users of the Solana platform.
It focuses more on the fact that Jupiter Exchange needs to provide users with new tools they can implement more effectively. JupiterZ is also ideal for everyday and commercial sales to get quick exchanges.
Calling All Market Makers
Jupiter Exchange also invites market makers to participate in its current RFQ model. If you are a market maker or want to work with this platform, contact Soju for further information.
after reviewing (and actually implemented) so many different implementations of RFQ from different chains, nothing felt right on Solana.
this took a while but we feel that this is how we think RFQ should work on Solana with the same speed/performance like a normal onchain swap… https://t.co/jUcW5TcZF5
—
SIONG (@sssionggg) December 19, 2024
Why Does JupiterZ Matter?
With Jupiter Z now live, Solana has taken a massive leap forward. Coupling gasless feeless transactions with slippage-free swaps offers the platform an optimal solution for representing the dollar-coined value in DeFi trading.
This invention continues to add credibility to Jupiter Exchange in the Solana trading market.
Delighted to announce that JupiterZ is finally live!
With a unique RFQ model designed specifically for Solana, enjoy gasless swaps and 0% slippage with a single toggle
All swaps will pick the best price between our routing engine and RFQ for max convenience to all users. pic.twitter.com/mnWPTMxTiX
— Jupiter
(@JupiterExchange) December 18, 2024
Conclusion
Jupiter Exchange is now head-to-head with current protocols for token swapping on Solana through JupiterZ. Whether you are an inexperienced trader or the holder of a solid portfolio, Jupiter provides tools that will be useful for you.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
The post Jupiter Exchange Launches JupiterZ: Gasless Swaps on Solana appeared first on Altcoin Buzz.
