29 Jan Bitfinex among first to list JUP, Native Token of Solana’s Jupiter
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ROAD TOWN, British Virgin Islands – January 29, 2024 – Bitfinex, a premier digital asset trading platform, announced today that it will be among the first exchanges to list JUP, the highly anticipated native token of Jupiter, a Solana-based decentralized exchange (DEX) swap aggregator that enables users to trade and access liquidity across multiple DEXs.
Launched in 2021, Jupiter has quickly emerged as the most popular DEX aggregator in the world, boasting a 24-hour volume of $486.62 million on January 25, 2024, according to DefiLlama. Touted as Solana’s first on-chain swap aggregation platform, Jupiter offers a user-friendly interface and robust trading mechanisms, enabling users to complete transactions with fast speeds and minimal slippage. Features on Jupiter include cross-chain trades, low transaction fees, and access to liquidity pools across all of Solana’s automated market makers (AMM) and DEXs.
As the native governance token of Jupiter, JUP will enable users to have a say in both the future of Jupiter’s ecosystem and crucial components of the token itself. JUP token holders will be able to vote to decide what type of initiatives and projects the ecosystem adopts, and will help govern a future Jupiter DAO.
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“The popularity of Jupiter mirrors that of the considerable growth Solana has seen in recent months. We at Bitfinex recognize the innovative potential of Jupiter in the decentralized finance landscape, and we are thrilled to be one of the first exchanges to list the highly anticipated JUP token,” commented Henry Child, Head of Tokens at Bitfinex.
Deposits of JUP can be made from approximately 3:00 PM UTC on January 31st, 2024. Trading is scheduled to be available from approximately 4:00 PM UTC on January 31st, 2024, with JUP being tradable against US Dollars (JUP/USD) and Tether tokens (JUP/USDt).
To obtain access to JUP on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to Bitfinex’s terms of service (“TOS”). Please note that U.S. persons (as defined in the TOS), among other prohibited persons (as defined in the TOS), are strictly prohibited from directly or indirectly holding, owning or operating an Account (as defined in the TOS) on www.bitfinex.com.
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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