Jupiter, the transaction aggregation protocol of the Solana ecosystem, announced yesterday that it will build a Giant Unified Market (GUM), planning to integrate all assets including cryptocurrencies, RWA, stocks and others type of assets to strengthen the positioning of its aggregate products.
What is Jupiter
Jupiter was established in 2021 to establish an on-chain aggregation exchange based on the Solana ecosystem to provide users with the best transactions by integrating the liquidity of decentralized exchanges on the chain. Path, coupled with its simple interface, has successfully mastered Solana’s leading position in transaction aggregation.
According to Jupiter’s own statistics, the 24-hour trading volume reaches one billion US dollars.
Jupiter’s Giant Unified Market Plan
Jupiter announced that it will launch a giant unified market plan as an important direction for the next step in the development of the agreement.
Jupiter’s goal is to further integrate liquidity, whether it is Meme coins, RWA, stocks or other assets. The team’s goal is to bring all these assets to the Solana ecosystem and index them on the Jupiter platform, providing One-stop trading service for users.
Jupiter not only wants to integrate transactions of all tokens, but also hopes to expand to all assets.
Splitting this ambitious vision of integrating all assets, the team believes that the following three things need to be done in the Solana ecosystem to have a chance to achieve the goal:
More diverse Asset integration: bringing more assets to the Solana network
More sufficient liquidity: creating enough markets for these assets
More Stable asset access: ensuring smooth access and operation of assets
Obviously, this plan cannot be achieved by Jupiter alone, so it requires a qualified alliance to work together and cooperate Partners do this. Members currently announced to join the alliance include the following:
##Jupiter JUM Alliance PartnerJupiter Giant Unified Market Alliance PartnerThe above is the detailed content of Solana Ecosystem Jupiter launches giant unified market plan! Integrate cryptocurrencies, RWA, stocks and more. For more information, please follow other related articles on the PHP Chinese website!