Jupiter Launches Giant Unified Market Plan and Establishes GUM Alliance, Aiming to Incorporate All Assets into a Single Market
PANews reported on May 22 that Solana ecosystem trading aggregator Jupiter announced on the X platform the launch of the "Giant Unified Market (GUM)" initiative. The goal is to bring all assets, including Meme coins, real-world assets, stocks, and forex assets, onto the Solana chain and index them on Jupiter, allowing users to trade all assets in a single market.
To realize this vision on Solana, Jupiter has launched the GUM Alliance, composed of top-tier asset, liquidity, and distribution teams. Over the next few months, they will work with these partners to accomplish three main tasks: 1. Introduce more assets to Solana; 2. Create liquid markets for these assets; 3. Integrate these markets into Jupiter and promote their adoption.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin metric breakout teases 'inevitable' 90% BTC price rally next
Morpho (MORPHO): Unlocking the Power of Decentralized Lending
What is Morpho (MORPHO)? Morpho (MORPHO), previously known as Morpho Blue, is a decentralized lending and borrowing protocol that operates on the Ethereum blockchain and other compatible networks. Its primary purpose is to facilitate overcollateralized loans—a system where borrowers must deposit co
ACRA analysts listed the regions of Russia that are optimal for mining
Dogecoin Chart's Second Bull Flag Will Lead to $0,90 Breakout