Market
What will be the primary use case for Jupnet in its first year?
2
Jupiter Exchange•Solana•Jupnet•Jupiter SVM•DOVE Network•Omnichain Ledger Network•Aggregated Decentralized Identity
Resolution / Starting Odds
Cross-chain transactions • 25%
Liquidity aggregation • 25%
Identity and authentication • 25%
Other • 25%
usage statistics and reports from Jupiter Exchange or blockchain analytics platforms
Story
Jupiter Exchange Launches Jupnet, an Omnichain Network to Aggregate Liquidity Across Blockchains
Jan 25, 2025, 12:36 PM
Jupiter Exchange, a decentralized exchange (DEX) aggregator on the Solana blockchain, has announced the launch of Jupnet, an omnichain network designed to aggregate liquidity across multiple blockchains. This new initiative aims to create a unified decentralized ledger that simplifies transactions and liquidity management for users and developers across various chains. The Jupnet system is powered by Jupiter SVM and includes three major components: the DOVE Network, which provides a single source of truth for transactions across different blockchains; an Omnichain Ledger Network, enabling seamless transactions across chains; and Aggregated Decentralized Identity (ADI), which introduces a new user experience model with on-chain identity and authentication. Jupiter Exchange is currently in the early testnet phase for Jupnet, with plans to roll out the first public beta in the coming months.
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Solana • 25%
Ethereum • 25%
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Financial Transactions • 25%
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Jupiter's official platform • 25%