What is Jupiter?
Jupiter is the leading swap aggregator on the Solana blockchain, designed to provide users with the best price routes, token selection, and user experience across multiple decentralized exchanges (DEXs) and automated market makers (AMMs). As a critical piece of Solana's liquidity infrastructure, Jupiter aggregates liquidity from various sources into a single endpoint, facilitating seamless and efficient swaps.
Jupiter's key features include real-time precise price data, swap aggregation, and robust payment infrastructure, all built to support a wide range of DeFi use cases. The platform leverages Solana's high-speed and scalable blockchain to power its sophisticated liquidity routing algorithms, ensuring minimal slippage and optimal trade execution.
The platform's latest upgrade, Jupiter v3, introduced the Metis routing algorithm, which significantly enhances route discovery and reduces slippage, especially for large trades. This upgrade also includes features like instant routing, dynamic slippage, and smart token filtering, all aimed at improving the overall trading experience.
Jupiter also offers a comprehensive developer ecosystem with APIs and SDKs that enable seamless integration of its swap functionalities into various dApps and protocols. This has made it a preferred choice for many Solana projects, such as Mango, Tulip, and Solend, which utilize Jupiter for their swap needs.