cryptobriefing.com
Jupiter, Solana’s leading DEX swap aggregator, has introduced a new meme coin trading platform called Ape Pro.
Ape Pro, announced earlier today through Jupiter’s official X account, offers traders tools like advanced data analytics, real-time token streaming, and MEV protection.
Jupiter, launched in October 2021, became Solana’s first on-chain swap aggregator by routing DeFi transactions efficiently, reducing slippage, and tapping into liquidity from multiple decentralized exchanges. With over $1.3 billion in total value locked, according to Defillama, Jupiter plays a significant role in the Solana DeFi ecosystem.
Ape Pro provides users with customizable indicators and real-time market data, essential for navigating the fast-paced meme coin market. It also emphasizes security with MEV protection to guard against front-running and other risks, aiming to create a fairer trading environment.
The platform offers one-tap social login through X or Discord, removing the need for wallets and seed phrases, making it easier for users to access meme coin trading.
This launch signals Jupiter’s move to broaden its presence in DeFi. By expanding into meme coin trading, Jupiter strengthens its position within the Solana ecosystem, using liquidity aggregation to deliver optimal swap rates and reduced slippage.
Looking ahead to Ape Pro’s mainnet launch in November 2024, additional features like automated trading bots and enhanced liquidity pools are expected.