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Jupiter Meaning

A prominent decentralized exchange (DEX) aggregator on the Solana blockchain. It functions by scanning all available liquidity pools on the network to find the best possible price and the lowest "slippage" for a user's trade, often "splitting" the trade across multiple pools to get the best result.

Jupiter has become the "homepage" of Solana trading because it simplifies the user experience. Instead of a user having to check five different exchanges to see where the price is best, Jupiter does it for them automatically in milliseconds.

It also provides advanced features like "Limit Orders" and "DCA" (Dollar Cost Averaging) on-chain. The platform also acts as a "launchpad" for new projects, using its massive user base to help new tokens find their first set of holders.

Its success is a prime example of how "aggregation" is a winning strategy in fragmented markets, providing a single, professional interface for a complex underlying network of liquidity.

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