Jupiter Exchange to Integrate Chainlink Data Streams into Perpetual Trading Markets

Anna Martynova

Jupiter Exchange is integrating Chainlink Data Streams to provide real-time prices and reduce front-running on its perpetual trading markets. Chainlink’s new technology allows price data to be pulled directly with very low latency. Users can now see prices in near real-time, rather than having data sent every few seconds like traditional oracles.

Jupiter is also implementing a commit-and-reveal system to prevent front-running, a type of “peeking” at prices before someone else executes an order. Jupiter previously announced that it had acquired a majority stake in Moonshot, a mobile platform that focuses on buying and selling memecoins. This indicates that Jupiter is looking at a more retail and lightweight market, outside of the more complex world of derivatives. It also recently launched a “Universal Send” feature. It allows you to send SOL, USDC, or memecoins to anyone, including those who don’t have a crypto wallet.

Jupiter has begun building the technical foundation for the long term through a project called JupNet, which aims to improve connectivity between blockchains. This plan includes a cross-chain ledger, a decentralized identity system, and performance improvements to the Solana Virtual Machine (SVM). Jupiter DAO has also released a case study as a guide for those looking to apply for a grant. This document will help users understand the process more clearly — especially regarding which criteria the community takes into account the most.

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