Jupiter Exchange Trenches Upgrade
Jupiter Exchange, a decentralized exchange aggregator on the Solana blockchain, retweets @JupTrenches about an upcoming upgrade to "the trenches," a term likely referring to their trading interface, as hinted in their Planetary Call—a regular community update event. The upgrade, set for the week of April 14, 2025, follows the February 2025 merger of Jupiter with ApePro, forming JupTrenches to enhance crypto trading with advanced tools, as seen in the attached image of a trading terminal with real-time charts and analytics. This aligns with Solana’s ecosystem growth, where Jupiter’s swap aggregation engine already handles $47.4 million in daily trading volume, leveraging Solana’s high-speed, low-cost transactions to compete with centralized exchanges like Coinbase.New Features and Platform UpgradesJupiter is currently undergoing a reinvention of its protocol, introducing several new features and upgrades to improve user experience. These include:Ultra Mode: Aims to make the platform cheaper and more efficient with real-time slippage estimation, optimized transaction landing, and dynamic priority fees.Organic Scoring: Details are not fully elaborated in the provided information.Jupiter Shield: Details are not fully elaborated in the provided information.RTSE: Details are not fully elaborated in the provided information.Customizable Manual Mode: The manual mode will be upgraded to become customizable.New UX for Spot Platform: A new user experience is being launched for the spot platform.These upgrades will initially be rolled out on the Jup.ag web platform and later implemented in the mobile version.Acquisitions and New ProductsBeyond platform upgrades, Jupiter has acquired the on-chain portfolio tracker Sonar Watch. Additionally, Jupiter announced upcoming products, including:Jupnet: An omnichain network that aims to aggregate "all of crypto into a single decentralized ledger." It is currently in the early testnet phase.Tokenomics and PerformanceRecent Performance: JUP has increased by 12% in the last seven days and over 40% year-to-date.All-Time High: The token's all-time high was $2.043, reached in January 2024.Token Burn: To drive value, Jupiter burned 3 billion JUP tokens, reducing the total supply from 10 billion to 7 billion.
Jupiter
April 20