Jupiter Integrates Raydium's New CPMM Program, Expanding Token Trading Options
CryptoNewsTerminal Staff24 May, 2024
Jupiter Integrates Raydium's New CPMM Program, Expanding Token Trading Options
Jupiter (JUP), a prominent Solana-based swap aggregator, has announced the integration of Raydium's (RAY) updated CPMM program on Solana decentralized exchanges (DEXs). This integration brings support for Token2022 (a new SPL token standard introduced by Solana Labs) tokens and includes its own oracle, eliminating the need for a separate open-book market maker. As a result of this integration, users can now effortlessly trade Raydium's new tokens and markets on Jupiter. This collaboration expands the range of trading options available to users within the Solana ecosystem and further solidifies Jupiter's position as a leading swap aggregator.
