Jupiter Unveils Metropolis API Platform, Streamlining Liquidity Access On Solana
In Brief
Jupiter launched the Metropolis API Platform, a collection of liquidity APIs for a streamlined approach to accessing liquidity on Solana.
Decentralized exchange (DEX) aggregator Jupiter launched the Metropolis application programming interface (API) Platform, a collection of liquidity APIs designed to provide a streamlined approach to accessing liquidity on the Solana blockchain. The platform offers a complete suite of three liquidity APIs, which includes the Token API, the Price API, and the Swap API.
The Token API delivers comprehensive token information, featuring enhanced token metadata and automated token tags verified by the community. Acting as a reliable and authoritative source, this API allows developers and protocols to access accurate token details, assisting their users in gaining a clearer understanding of the tokens they are interacting with.
Meanwhile, the Price API V2, the latest version of Jupiter’s Price API, offers enhanced price data by providing a more refined and smoothed derived price. This updated API integrates real-time price data, historical swap data from Jupiter, and reliable liquidity data, giving developers and protocols multiple options to select the most suitable pricing data for their platform’s requirements. In addition, Price API V2 comes with advanced features such as the Confidence Level, which serves as a threshold indicating the reliability of the returned price, making it particularly useful for handling tokens with wide spreads. Another feature, Liquidity Depth, provides insights into available liquidity and the potential price impact on larger trades, helping users better understand market conditions.
The Swap API offers a straightforward way to execute transactions and access the full range of liquidity available on the Solana blockchain. Equipped with new functionalities like Dynamic Slippage, Instant Routing, and improved token availability via the Token API, the Swap API is designed to deliver optimal prices for token swaps on Solana. It also assists users in estimating the necessary priority fees to ensure successful transaction execution.
Metropolis API To Support Liquidity Applications On Solana And Simplify Operational Workflows
Jupiter offers a variety of services, including a Swaps tool, a Payments API designed to specify output token amounts, Limit Orders, and options for Dollar-Cost Averaging (DCA). The platform’s native token, JUP, enables community members to engage in governance processes such as approvals, sanctioning, and voting on various aspects of Jupiter’s operations.
The main objective of Jupiter’s newly introduced platform is to enable seamless integration with all available liquidity on Solana, providing users with the tools needed to build sustainable businesses on top of the network. These APIs are accessible to anyone and can be found on the Jupiter website.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
