This update marks a significant overhaul aimed at enhancing trading efficiency and safety for users.
Jupiter Swap V3 integrates a new Metropolis liquidity backend. It introduces features like Instant Routing, Dynamic Slippage, Smart Token Filtering, and an Ecosystem Token List. Let’s explore more about the Jupiter exchange.
Jupiter Swap V3: Enhanced Liquidity and Features
The re-engineered backend addresses issues such as new token discovery, determining safe slippage levels, and finding specific tokens efficiently. This overhaul ensures Jupiter can accommodate the rapid influx of new markets and tokens while maintaining safety and user convenience.
One of the standout features of Jupiter Swap V3 is Instant Routing for new tokens. Tokens from platforms like Raydium, Meteora, and Orca now benefit from full Jupiter Routing immediately upon launch. This allows traders to swiftly execute trades using any token and ensures they get the best prices available. Whether it’s through Dollar Cost Averaging (DCA), Limit Orders, or Value Average strategies, Jupiter promises a faster, easier, and superior trading experience.
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More About Jupiter Swap V3
To handle the growing number of tokens, Jupiter has revamped its token list search function. It now incorporates near real-time data on liquidity, volume, community verification, and potential risks associated with dubious tokens. The front-end optimization ensures quicker response times, delivering the best match based on search queries.
In cases where information is sparse, Jupiter queries directly on-chain. Additionally, measures are in place to automatically remove imposter tokens, enhancing overall safety and usability.
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Jupiter is also introducing a Master Token List Standard, a major improvement in token verification processes. This initiative aggregates various token lists into an Ecosystem Master List, featuring labels like “LST”, “Pump”, and “Clone”. This standardized approach enables partners to contribute effectively, ensuring a more reliable and transparent ecosystem for all users.
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