transaction data released by Jupiter Exchange or blockchain analytics platforms

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.