Cryptocurrency exchange Jupiter unveils Metropolis Part 1 update, enabling instant trading of new tokens for users
The decentralized exchange (DEX) integration platform developed within the Solana ecosystem, Jupiter, has announced the introduction of Metropolis Part 1. This new update allows users to trade new tokens and markets immediately. It also significantly improves how Jupiter handles new tokens, markets, and token listings.
Jupiter has also introduced a new T0 API designed for new tokens, allowing users to discover the most liquid markets on the blockchain for direct trading. Tokens will be accessible through this feature as soon as they are released. This feature currently supports Raydium's CPMM pools, Meteora Dynamic Pools/DLMM, and Orca Whirlpools. Even if direct routing is enabled, you will need SOL or USDC to trade new tokens.
The exchange also unveiled an interface upgrade that only loads a strict list instead of the full 80,000 tokens listed. Jupiter also integrates Typesense, a high-performance search engine, to provide results from a complete list of tokens. If the comprehensive token list does not contain the token you need, the platform will query the blockchain directly through the new T0 API and facilitate the swap via direct routing. This upgrade aims to improve the loading time of the front-end so that users can enjoy a more seamless experience while searching for the tokens of their choice.
Jupiter has also announced its intention to further launch Metropolis Part 2, which aims to provide access to the ecosystem token list.
Announcing Metropolis Part 1 – allowing users to trade new tokens and markets immediately.
This is a major upgrade to the way Jupiter manages new tokens/markets and token listings.
We are releasing a new T0 API for new tokens. This allows you to query the chain to find: pic.twitter.com/LfCq0rLt5P
—Jupiter
(@Jupiter Exchange) April 15, 2024
Jupiter Exchange to improve infrastructure, operating procedures and user experience
Jupiter Exchange offers a variety of services, including swap tools, custom payment APIs for specifying output token amounts, order limits, and dollar cost averaging (DCA) options. Expands integrated support for DEXs through Jupiter Terminal and provides guidance on token visibility on the platform. As of this writing, Jupiter's trading volume has surpassed $1.233 trillion in the past 24 hours.
Recently, the exchange revealed its plans to undertake a series of planned advancements to expand and improve its infrastructure, operating procedures, and overall user experience.
Cryptocurrency exchange Jupiter has released its Metropolis Part 1 update, enabling instant trading of new tokens for users. First appeared in Metaverse Post.