Skate AMM Integration with Jupiter Exchange

The integration with Jupiter Exchange, scheduled for June 24, 2025, will leverage Pyth Network’s Express Relay to enhance cross-chain trading efficiency. This move is expected to increase transaction volumes and reduce latency, benefiting traders and liquidity providers alike. The partnership is part of Skate’s broader strategy to expand its presence across platforms like Solana, Sui Network, and others, ensuring seamless operations and a unified pricing curve across ecosystems.

Recent News:

Over the past three months, Skate has made notable progress. On June 12, 2025, Skate announced major UX upgrades and the upcoming addition of liquidity features, alongside multiple audits to ensure security and reliability. The project also confirmed its expansion to the Sui Network, further solidifying its cross-chain ambitions. These developments have been highlighted by project lead Siddharth Lalwani, who emphasized the importance of these steps in scaling Skate’s infrastructure.

Future Plans:

Skate’s roadmap includes continuous improvements to its AMM model, with a focus on handling high-throughput ecosystems like Solana and Monad. The project aims to implement multicall functionalities that batch intents at the executor level, enhancing efficiency and reducing costs. Additionally, Skate plans to roll out more partnerships and integrations, aiming to capture a larger share of the DeFi market by the end of 2025.

Onchain Data:

While specific onchain metrics for Skate AMM are not publicly available on platforms like Dune Analytics or Glassnode, the project’s recent activity on X indicates growing interest. Transaction volumes and wallet activity are expected to surge post-integration, given Jupiter Exchange’s established user base and trading volume.

Community Sentiment:

Sentiment on X has been mixed but predominantly cautious. While some users are excited about the potential for increased liquidity and efficiency, others express skepticism due to recent market volatility and the project’s performance. Influencers like @alikorkut25 and @cryptosky731305 have voiced concerns, but the overall discussion remains focused on the technical merits of the integration.

Additional Insights:

This partnership aligns with broader market trends where cross-chain solutions are gaining traction. Competitors like Uniswap and SushiSwap are also exploring similar integrations, but Skate’s unique approach to maintaining a canonical pricing curve across ecosystems sets it apart. For users, this means potentially lower slippage and better trading experiences, though they should be aware of the inherent risks in DeFi, such as smart contract vulnerabilities and market volatility.

Risk Disclaimer:

As with any DeFi project, there are risks involved, including potential smart contract failures and market fluctuations. Users are advised to conduct their own research and consider the project’s audit reports before engaging.