JupiterZ Debuts Zero-Gas, Zero-Slippage for Smooth Solana Swaps

12/19/2024 03:42
JupiterZ Debuts Zero-Gas, Zero-Slippage for Smooth Solana Swaps

Jupiter expands Solana ecosystem with JupiterZ launch, offering gasless token swaps and zero slippage through innovative RFQ system plus new mobile dApp browser.

Key Notes

  • JupiterZ offers a cost-free token swapping experience by removing all transaction charges.
  • The platform ensures that trades are executed at consistent prices without unexpected changes.
  • The platform resolved a Cloudflare issue that flagged the website as unsafe, restoring smooth access for users.

Solana-based decentralized exchange Jupiter has unveiled its new project, JupiterZ, which provides a streamlined solution for swapping tokens designed specifically for Solana. The exchange introduces an approach by eliminating slippage and gas fees, ensuring trades occur at a fixed price without unexpected changes during the process.

By integrating advanced technology for price routing alongside its unique request-for-quote (RFQ) system, users are guaranteed optimal value for every exchange, making it an attractive option for seamless transactions. This launch follows extensive efforts to develop an innovative tool for the Solana community. Jupiter announced:

“Delighted to announce that JupiterZ is finally live! With a unique RFQ model designed specifically for Solana, enjoy gasless swaps and 0% slippage with a single toggle. All swaps will pick the best price between our routing engine and RFQ for max convenience to all users.”

While this project has been well-received by many users, some have questioned the exchange’s claim of 0% slippage. A crypto commentator noted that market makers in an RFQ system typically adjust their bids and asks in response to order flow—a practice known as fading. The user sought clarification on how the platform ensures trades execute at the exact quoted price despite this market behavior. Others questioned the feasibility of eliminating slippage altogether. Jupiter has yet to address these inquiries.

Technical Glitch Resolved as JupiterZ Pushes Forward

Shortly after the announcement of JupiterZ, a technical issue arose when the website was mistakenly flagged as unsafe by Cloudflare. The team quickly resolved the matter, confirming that the platform is secure and fully functional. Jupiter stated:

“We’re aware that Cloudflare have incorrectly marked our site as a phishing site. We have verified that everything is working as intended, and the warning is safe to ignore and proceed. We are coordinating with Cloudflare to remove the warning ASAP.”

The swift resolution of the technical glitch was praised by users. One user remarked that Cloudflare tried to stop the Solana supercycle but failed, noting that Jupiter and its community are unstoppable. They added that the best decentralized exchange is back. The user further commented, saying:

“Best dex in crypto back to melting faces!!! paper hands who panic sold are crying rn while real degens keep stacking!!! wagmi 3,3!!!”

Jupiter encourages users who encounter lingering issues to reach out for support via its community channels. With a focus on convenience and reliability, the platform is poised to offer a new standard for token swaps in the Solana ecosystem.

Additionally, the exchange has further established itself in the industry by introducing a dApp Browser within the Jupiter Mobile Android app. This feature enables users to seamlessly access and interact with decentralized applications, offering a fast, smooth, and sleek experience tailored for mobile users.

Temitope Olatunji

Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games. 

Temitope Olatunji on X

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