Major Solana DEX Jupiter Announces Seven Major Upgrades to Strengthen On-Chain Finance

Jupiter, a leading decentralized exchange aggregator on the Solana (SOL) blockchain, announced on the 12th a comprehensive set of upgrades aimed at addressing challenges in on-chain finance. 'Jupiter Lend' has moved out of beta and has been open-sourced. It introduces tick-based liquidity, allowing all risk positions to be settled in a single transaction. This efficient design offers the industry's highest Loan-to-Value (LTV) ratios and the lowest liquidation penalties, recording the fastest growth in Solana's history with a total supply reaching one billion dollars in just eight days. The stablecoin 'JupUSD' is set to launch next week in collaboration with Eterna...