Jupiter, the Solana trading platform best known for finding users the best price on token swaps, is expanding into baskets of tokens, yield strategies and portfolio tools.
The new products are rolling out this week, ahead of the Solana Breakpoint conference on 15 November.
Token baskets
Baskets let users buy a bundle of tokens with a single deposit of SOL or USDC, instead of making separate swaps. A basket can follow market value weightings or fixed targets, and rebalances automatically. Deposits, rebalancing and withdrawals are routed through Jupiter to find the best available price.
Jupiter Vaults
Vaults is a hub for yield strategies, ranging from stablecoin lending to strategies backed by real-world assets. The strategies are run by independent managers, known as curators, rather than by Jupiter itself.
Users can check each strategy’s risk profile, how its funds are allocated and its past returns before depositing. Vaults opens on 11 November as a private beta for people on its waitlist, which has more than 19,000 sign-ups, and for eligible holders of staked JUP.
All Vaults strategies carry risk, including the possible loss of funds, and some may not be available in certain regions, including the United States.
In an October interview with Incrypted, chief operating officer Kash Dhanda said Vaults products are audited several times. He said Jupiter would work with users on a solution if a product were exploited, and that it is exploring onchain insurance.
A new portfolio page
Portfolio V3, which is live now, lets users trade, open perpetual futures positions, make predictions or lend directly from their portfolio page. It also warns users when positions are close to being liquidated, and combines several bridges for moving funds between blockchains.
Jupiter has also launched Pulse and rebuilt its token pages for researching assets, with market data on tokenised stocks and ETFs and a sidebar for comparing tokens.
Jupiter’s scale
Jupiter says it has handled more than $1.3 trillion in total trading volume through its swap aggregator. Its wider ecosystem held about $1.7 billion in deposits in early November, according to DeFiLlama, and its lending market has more than $1 billion in active loans.
What happens next
The Vaults beta will be the first test of whether users trust third-party curators with their deposits. Solana Breakpoint, which starts on 15 November, may bring further detail.
