Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with the highest standards of clarity and precision. With this mission in mind, we are proud to share our March edition of Movers and Shakers, the monthly resource aiming to bring more transparency and credibility to the rapidly evolving crypto space.
As new assets reach a certain degree of accessibility to investors, specifically as they achieve alignment with our Market Selection Framework and the Trusted Volume Framework, Coin Metrics uses its crypto expertise to describe the assets’ context of use. The following assets are expected to reach alignment this month:
Jupiter Exchange (JUP) is a decentralized exchange aggregator enabling traders to find the best swap prices across the Solana ecosystem. Jupiter conducts a thorough screening and security process to onboard the most beneficial DEXs for its users. Jupiter sources data from multiple exchanges to minimize slippage across liquidity pools and maximize user returns. Users can create various execution strategies as Jupiter supports limit orders and dollar cost averaging. Jupiter is working to expand its suite of products with a perpetual derivatives market and leveraged stablecoin in development. JUP tokens are rewarded to liquidity providers and will be used to participate in governance proposals to approve token launches on the LFG Launchpad.
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