Jupiter’s 12-Tab Problem Becomes a One-App DeFi Mission 🪐
Jupiter is expanding its Solana platform beyond token trading with four new products designed to help users discover, own, earn on and manage onchain assets. The company announced on Tuesday that its mission is “to make the world's assets universally accessible and useful.”
The trading platform aggregates liquidity across Solana to seek the best available price for each trade. Jupiter said its aggregator has processed more than $1.3 trillion in cumulative volume, while its wider ecosystem holds about $1.7 billion in total value locked, according to DeFiLlama data from early November. Its lending market has also passed $1 billion in active loans. “What Google did for information, Jupiter is doing for assets,” said Jupiter chief operating officer Kash Dhanda.
The new Token Baskets feature lets users purchase a bundle of tokens with a single SOL or USDC deposit rather than conduct separate swaps. Baskets can track market-cap weights or fixed targets, rebalance automatically and route deposits, rebalances and exits through Jupiter. Jupiter Vaults, opening November 11 as a private beta for more than 19,000 people on its waitlist and eligible holders of staked JUP, provides yield strategies ranging from stablecoin lending to strategies backed by real-world assets. The strategies are managed by independent curators, with users able to review risk profiles, allocations and historical returns before depositing.
Portfolio V3 is live and adds quick actions for trading, opening perpetual futures, making predictions and lending, along with liquidation alerts and cross-chain transfers that combine several bridges. Pulse and rebuilt token pages add research tools displaying market data for tokenized stocks and ETFs as well as tokenomics for DeFi projects. Dhanda said Jupiter’s yield products are audited multiple times before reaching users and that, if a product were exploited, “especially if it's our fault, we'd like to work with users to find a good solution.” He added that Jupiter is exploring ways to insure such products onchain.
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