Trading volume data reported by Jupiter Exchange

Jupiter Exchange Launches GUM Initiative on Solana, Integrating Commodities

May 21, 2024, 07:36 PM

Jupiter Exchange has launched the Giant Unified Market (GUM) initiative, aiming to consolidate a variety of asset classes such as memecoins, real-world assets (RWAs), stocks, commodities, and forex into a single, efficient market on the Solana blockchain. This initiative seeks to make all asset markets globally accessible and enable atomic transactions across different markets at a fraction of a cent. The GUM initiative is powered by Jupiter and supported by prominent partners in the crypto space, including Wintermute and Cumberland. The goal is to streamline transactions and improve access for users worldwide through the GUM Alliance.