News Scrap

TL;DR

  • Jupiter, Solana’s leading DEX aggregator, has launched Ape Pro, a platform dedicated to memecoin trading.
  • The new service offers advanced tools such as real-time token streaming and MEV protection.
  • Ape Pro also simplifies access to the platform through social login on X or Discord, eliminating the need for wallets or seed phrases.

Jupiter, the leading DEX aggregator in the Solana ecosystem, has launched Ape Pro, a new platform dedicated to memecoin trading.

The announcement of the new platform, made through Jupiter’s official X account, will be crucial for the diversification of services within the crypto market, specifically in the memecoin sector, which has attracted the attention of many traders due to its volatility and potential gains.

Ape Pro is designed to offer users advanced tools that enable efficient and secure trading. Among its features are data analytics, real-time token streaming, and MEV (Miner Extractable Value) protection, a mechanism aimed at preventing unfair practices in trading. These functionalities are essential for navigating a market characterized by its dynamic and volatile nature, allowing traders to make decisions and implement strategies based on as much information as possible.

Jupiter and Ape Pro Bring Accessibility Improvements

One of the most innovative aspects of Ape Pro is its social login system, allowing users to access the platform with a single touch through X or Discord. This eliminates the need for wallets and seed phrases, representing a significant step forward in accessibility for less experienced traders, who may find the traditional access process to such platforms intimidating.

Jupiter DEX Announces Acquisition of SolanaFM and Coinhall in Ambitious Growth Plan

Jupiter has gained immense relevance in Solana’s DeFi ecosystem since its launch in October 2021, having efficiently routed transactions and reduced slippage by leveraging liquidity from multiple decentralized exchanges. With over $1.3 billion in total value locked, its influence is considerable. With Ape Pro, it seeks to strengthen and consolidate its position in the Solana ecosystem, offering traders better rates and a more equitable trading environment.

Moreover, the mainnet launch of Ape Pro is expected in November 2024, where new functionalities such as automated trading bots and enhanced liquidity pools will be introduced. Jupiter aims to provide innovative solutions in the DeFi market and meet the needs of a continuously growing user community