meow retweeted
new trading mode on YOLO:
Double or Nothing
jup.ag/yolo/?market=BTC&mode…
we are also experimenting with a even more degen UI that we will release soon.
meow retweeted
tbh at this point buybacks are simply an inefficient use of capital by remaining projects to buy trust lost by the projects that came before that rugged.
the cost of negative trust incurred by the ruggers have kind of been socialized onto existing crypto projects.
buybacks are simply just a capital allocation decision
even if hyperliquid allocates 99% of its revenue to buybacks, you shouldnt expect projects to blindly copy that
every dollar of revenue has two obvious destinations: return it to holders or reinvest it into making the business more valuable
imo the right split should constantly change depending on valuation + available reinvestment opportunities
if your token trades at 10x earnings but you can consistently reinvest capital into the product at 30%+ returns, spending everything on buybacks destroys long term value
on the other hand, if the business is already generating huge amounts of cash, the token is cheap and there arent many high return investments left internally, then buying it back aggressively makes perfect sense
"highest buyback percentage wins" is pretty dumb thinking and endgoal should be allocating every dollar wherever it compounds holder value the most
meow retweeted
We're excited to announce partnership with @BitGo to launch a validator built for institutions.
BitGo's institutional clients can now stake SOL with Jupiter, directly from their existing custody accounts.
Solana's leading DeFi platform, meet the custodian institutions trust.
meow retweeted
Your favorite bridge doesn't always give you the best rate.
Introducing Jupiter Bridge, a bridge aggregator.
We compare @RelayProtocol, @mayan, @circle CCTP, @NEARProtocol and more, so you get the best rates in and out of Solana.
Try it now 👇
meow retweeted
still early
🚨JUST IN: @JupiterExchange is now @Solana’s No.1 lending protocol across five key metrics, including total deposits, total loans, utilization rate, stablecoin deposits, and stablecoin loans.
meow retweeted
Universal Deposits are now live on Jupiter Mobile!
Deposit any token, from any chain, straight into your wallet.
Wherever your funds are, it’s time to bring them home.
Just Use Jupiter (Mobile). 📲
meow retweeted
Up or down? Pick a side.
Introducing YOLO.
Go long or short on SOL, BTC & ETH price movements with up to 1,000x leverage, starting with just a few dollars.
- Get the direction right, win big.
- Get it wrong, lose your stake.
All you need is $10 and a dream.
Now live in BETA on Jupiter 👇
meow retweeted
major milestone:
last week, Jupiter Lend became the largest lending market on @solana 🥳
extremely proud of the team, extremely grateful to our LPs, and extremely excited about what comes next for @jupiter_earn
onwards and upwards
meow retweeted
🚨 BREAKING: Meteora is combining the best of DLMM, DAMM v2 & DBC into one AMM.
DLMM Pro is going live soon, and it’s looking like a new superpower for Market Makers
You'll be able to:
→ Take a market from launch → open liquidity without migrating pools
→ Configure dynamic fees around volatility/time
→ Choose which token LP fees accrue in
→ LP + place onchain limit orders in the same pool, with filled orders able to earn fees
I’m so fkn excited to see what positions LPs create, and what apps developers build with this new gud fee tek.
meow retweeted
we started jupiter perps with BTC, SOL and ETH.
today, 6 more markets are live:
HYPE, ZEC, SPCX, SNDK, SKHYNIX and JUP.
powered by GUM.
jup.ag/perps
underneath this, we’re building the perps stack on the GUM network with native orderbook support.
a big part of the work has been making the experience seamless between Solana and the GUM network, users can place orders from Solana without having to bridge, switch networks, or think about what’s happening underneath.
we’ll share more soon on how the orderbook and cross-chain architecture work.
lots more markets coming.
huge shoutout to @anyhauu @worlddlck @godmodegalactus and everyone who has been building this with us.
meow retweeted
The vaults aren’t open yet.
But the whitelist is.
Get in early: jup.ag/earn/join
meow retweeted
the liquidity landscape on @solana is about to change.
this is a big deal for stablecoins and yield-bearing RWAs. lemme explain:
the problem: building stablecoin/RWA liquidity is extremely expensive (I know from experience with JupUSD). You need to pay MMs out the nose or you need to have many many millions on the balance sheet to deploy into traditional AMMs to get indexed by oracles. the former is hard to scale, the latter is capital inefficient.
the solution: Jupiter Lend v2 lets you use an LP position from the Lend AMM as collateral. Traders using Jupiter can swap through the LP, meaning you get both trading and lending fees via Smart Vaults (opt-in, ofc). Given that lending APY is usually 10x+ as high as trading fees APY on stables, this is an economic miracle for stablecoin issuers. the same liquidity just earns way more.
and the even cooler thing: issuers can also leverage loop their LP position and build up extremely deep liquidity for a fraction of the cost they would via MMs or incentive programs. again, speaking from experience, I can tell you this is a godsend. and given the number of asset issuers coming to Solana, this will get a bunch of usage.
this is great for Jupiter Lend borrowers, since more stablecoin issuers using the Lend AMM = deeper liquidity = bigger borrows at more stable rates.
this is great for Jupiter Lend depositors, since there is now a structural borrower (asset issuers) to ensure consistent borrow demand on the platform (giving more consistently high APYs)
this is great for Solana because now every asset issuer can get better economics, deeper liquidity, and can deliver a better UX for their holders. this is a competitive advantage for issuers to use Solana vs other other chains.
this is great for Solana users because now you will get tighter spreads for stables and yield bearing RWAs.
and remember the best part: it’s not just stablecoins!
this same mechanic can work for anyone creating an RWA that increases its price on a fixed schedule (like syrupUSDC).
even if the RWA or stablecoin isn’t available as collateral within Lend, the issuer earns lending APY on the other half of the LP (normally stablecoins like USDC or USDT). so it still makes economic sense for them to migrate from traditional AMMs to Jupiter Lend’s AMM.
Jupiter Lend is now the best place for asset issuers to bootstrap liquidity. And the number of asset issuers onchain is growing exponentially.
position yourselves accordingly.
meow retweeted
Your liquidity already earns yield. Now it can earn trading fees too.
Introducing Jupiter Lend v2
Smart Vaults turn your loans into active DEX liquidity, unlocking new revenue to boost your collateral yield while pushing down your borrow cost.
Earn more, Pay Less, and Put your whole position to work.
Welcome to the next era of onchain lending 👇