29 Jan Bitfinex amongst first to listing JUP, Native Token of Solana’s Jupiter
ROAD TOWN, British Virgin Islands – January 29, 2024 – Bitfinex, a premier digital asset buying and selling platform, introduced immediately that it will likely be among the many first exchanges to listing JUP, the extremely anticipated native token of Jupiter, a Solana-based decentralized trade (DEX) swap aggregator that permits customers to commerce and entry liquidity throughout a number of DEXs.
Launched in 2021, Jupiter has shortly emerged as the preferred DEX aggregator on the earth, boasting a 24-hour quantity of $486.62 million on January 25, 2024, in response to DefiLlama. Touted as Solana’s first on-chain swap aggregation platform, Jupiter presents a user-friendly interface and strong buying and selling mechanisms, enabling customers to finish transactions with quick speeds and minimal slippage. Options on Jupiter embody cross-chain trades, low transaction charges, and entry to liquidity swimming pools throughout all of Solana’s automated market makers (AMM) and DEXs.
Because the native governance token of Jupiter, JUP will allow customers to have a say in each the way forward for Jupiter’s ecosystem and essential parts of the token itself. JUP token holders will have the ability to vote to determine what kind of initiatives and tasks the ecosystem adopts, and can assist govern a future Jupiter DAO.
“The recognition of Jupiter mirrors that of the appreciable progress Solana has seen in latest months. We at Bitfinex acknowledge the progressive potential of Jupiter within the decentralized finance panorama, and we’re thrilled to be one of many first exchanges to listing the extremely anticipated JUP token,” commented Henry Youngster, Head of Tokens at Bitfinex.
Deposits of JUP may be produced from roughly 3:00 PM UTC on January thirty first, 2024. Buying and selling is scheduled to be out there from roughly 4:00 PM UTC on January thirty first, 2024, with JUP being tradable in opposition to US {Dollars} (JUP/USD) and Tether tokens (JUP/USDt).
To acquire entry to JUP on Bitfinex, prospects can go to https://www.bitfinex.com/.
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About Bitfinex
Based in 2012, Bitfinex is a digital token buying and selling platform providing state-of-the-art providers for merchants and international liquidity suppliers. Along with a collection of superior buying and selling options and charting instruments, Bitfinex gives entry to peer-to-peer financing, an OTC market and margin buying and selling for a wide array of digital tokens. Bitfinex’s technique focuses on offering unparalleled help, instruments, and innovation for skilled merchants and liquidity suppliers around the globe. Go to www.bitfinex.com to be taught extra.
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