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Coin Edition 2024-07-11 08:37:23

Balancing Trader and Liquidity Provider Needs: Jupiter Exchange’s Fee Adjustment Strategy

Jupiter Exchange, a Solana-based DEX aggregator, is lowering fees on its perpetual products in response to community feedback regarding high costs. Through an X post, Jupiter co-founder explained the rationale behind the fee reduction. Initially, the platform had a flat 0.1% fee for opening or closing a position. Last month, it introduced a 2-Tier fee The post Balancing Trader and Liquidity Provider Needs: Jupiter Exchange’s Fee Adjustment Strategy appeared first on Coin Edition .

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