JupiterZ Launches Gasless and Slippage-Free Token Swaps on Solana
Solana-based decentralized exchange Jupiter has launched a new project, JupiterZ, designed for token swapping on the Solana network. This exchange eliminates slippage and gas fees, ensuring fixed-price trades without unexpected changes.
Utilizing advanced price routing technology and a unique request-for-quote (RFQ) system, users receive optimal value for exchanges. Jupiter stated:
“Delighted to announce that JupiterZ is finally live! With a unique RFQ model designed specifically for Solana, enjoy gasless swaps and 0% slippage with a single toggle. All swaps will pick the best price between our routing engine and RFQ for max convenience to all users.”
While the project has garnered positive feedback, some users have questioned the claim of 0% slippage. A crypto commentator highlighted that market makers in an RFQ system adjust bids and asks based on order flow, raising concerns about executing trades at the quoted price. Others also expressed skepticism about eliminating slippage entirely. Jupiter has not yet responded to these queries.
Technical Glitch Resolved as JupiterZ Pushes Forward
Following the announcement, a technical issue arose when Cloudflare mistakenly flagged the website as unsafe. The team quickly addressed this, confirming the platform's security and functionality. Jupiter stated:
“We’re aware that Cloudflare have incorrectly marked our site as a phishing site. We have verified that everything is working as intended, and the warning is safe to ignore and proceed. We are coordinating with Cloudflare to remove the warning ASAP.”
The rapid resolution of the technical glitch received praise from users. One user noted that Cloudflare attempted to hinder the Solana supercycle but ultimately failed, asserting that Jupiter and its community remain resilient. They commented:
“Best dex in crypto back to melting faces!!! paper hands who panic sold are crying rn while real degens keep stacking!!! wagmi 3,3!!!”
Jupiter encourages users experiencing issues to seek support through its community channels, aiming to set a new standard for token swaps within the Solana ecosystem.
Additionally, the exchange has enhanced its offerings by introducing a dApp Browser in the Jupiter Mobile Android app, allowing users to access and interact with decentralized applications efficiently on mobile devices.