Jupiter Space Station(JUP)

JUP is up 4% today amid the overall market deduction. However, it appeared to be facing a key resistance as it stages a new swing high. Failure to push through could invalidate the current bullish signal. Jupiter’s native token – JUP has been gaining traction for a straight week as […]

Decentralized Exchanges Jupiter and DYDX to Become Mainstream in Bear Market? DTX Seems Poised for Growth As the cryptocurrency bear market unfolds, decentralized exchanges (DEXs) like Jupiter, dYdX, and DTX are gaining traction among traders. These platforms are celebrated for their robust security, minimal dependence on centralized authorities, and the […]

The crypto bulls are running, and the best cryptos show how it’s done. Some are doing brilliantly, like Jupiter and DogWifHat. Others, like the Iota coin price, are standing still. Others, like Ordinals, are going backward. But the best cryptos of the bunch are set to explode 100x, and for […]

Recent developments surrounding Jupiter (JUP) and Avalanche (AVAX) have captivated experts and enthusiasts alike. With significant expansions unfolding in these networks, the spotlight now turns towards Algotech (ALGT), as experts across industries predict its emergence as the next major success story. Will Algotech (ALGT) be the star of 2024’s ICO […]

The Solana-based trading platform was experiencing issues with its price feed infrastructure.

The firm's Gold & Silver fund made a $2.58 million investment in an XRP ETP, which was later cancelled.

The most significant gainers have soared by double digits, while JUP sits with a massive 65% weekly drop.

Bitcoin's price recovered by almost 5% this week, but the market remains rather indecisive. Meanwhile, exciting thins are happening on Solana.

One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.

Critics have come down heavily on how the JUP token was launched barely 24 hours after its highly anticipated airdrop.

Validators called the airdrop a success. "Surprisingly, nothing notable" broke, one operator said.

The JUP-USD perpetual traded at 65 cents on Aevo at press time, implying a market capitalization of $700 million at the inception.

The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.

Solana-based decentralized finance (DeFi) aggregator Jupiter has finally announced a launch date and time for its highly anticipated JUP token airdrop.

The Solana-based trading aggregator will test the longevity of the Solana frenzy.

Hashkey Capital partner of liquids funds and research, Jupiter Zheng, says the crypto sector in Hong Kong is now primed for significant growth over the next four to five years.

Paris, France, May 3rd, 2023, ChainwireToday marks a groundbreaking step for decentralized finance (DeFi) on the Solana blockchain as Symmetry launches its highly anticipated User Interface at https://app.symmetry.fi/.The platform aims to revolutionize the way users manage their portfolios through crypto indices and actively managed funds by providing an all-in-one solution for creating, managing, buying, and selling funds.Symmetry is a decentralized Crypto Indices and Actively Managed Funds infrastructure layer built on Solana, powered by the Symmetry Engine. This innovative on-chain asset management infrastructure covers everything from on-chain funds, indices, and multi-token liquidity pools, to liquidity routing between indices and decentralized exchange (DEX) aggregators, and public APIs for other DeFi projects to integrate Symmetry products seamlessly.The platform offers a wide range of opportunities for both fund managers and users. Managers can create and manage funds with multiple tokens that reweigh, rebalance, and refilter according to custom rules defined by the manager, or create a trustless Crypto Index with predefined rules. Users can create their own actively managed funds or indices and buy and sell funds created by other users or protocols.Symmetry's liquidity provision feature allows indices and actively managed funds to act as liquidity providers on DeFi aggregators such as PRISM and Jupiter when their token weights deviate from the target weights. This groundbreaking feature not only enables funds to rebalance at zero cost but also generates fees from aggregator users for fund managers and holders, a significant departure from traditional approaches where indices and funds typically pay fees on exchanges to rebalance.The Symmetry Engine relies on Pyth, a reliable price oracle, to determine true prices for each asset utilized in Symmetry products. This is crucial for funds to accurately determine fund values, rebalancing triggers, and buy/sell values for users.Example use-cases for Symmetry include decentralized index fund apps, decentralized fund management apps, treasury management tools, retail onboarding apps, copy-trading apps, and investing apps. The platform envisions a future where anyone can create an index fund, manage on-chain funds and portfolio strategies, convert wallet portfolios to funds, and integrate index or actively managed fund tokens for trading.With the launch of the Symmetry User Interface, the world of decentralized finance on the Solana blockchain is poised to experience a paradigm shift in how users interact with and manage their crypto portfolios. As the platform continues to roll out its full suite of features to all users, the future of Solana DeFi looks brighter than ever.ContactPRS. [email protected]