Binance To List Solana-Based Jupiter As Trading Volume Hits $630 Mln
Binance's listing boosts Solana-based Jupiter as it claims second place in decentralized exchanges with a remarkable $630 mln trading volume.
In a significant development for the Solana-based decentralized
exchange, Jupiter Exchange (JUP), Binance, the world’s leading crypto exchange, has announced its decision to list the JUP token on its platform. Meanwhile, with a surge in trading volume, Jupiter Exchange has now claimed the second spot among decentralized exchanges, making waves in the crypto community.
Notably, Binance’s move to list JUP is poised to amplify the token’s reach and impact in the ever-evolving crypto landscape.
Binance To List Jupiter, A New Chapter Ahead?
Binance’s recent announcement signals a major endorsement for Jupiter Exchange, as the global exchange giant declares its intention to list the JUP token. Starting January 31, 2024, at 15:30 (UTC), Binance will open spot trading for JUP with trading pairs including JUP/USDT, JUP/FDUSD, and JUP/TRY.
In addition, the listing fee for JUP is set at 0 BNB, reflecting Binance’s support for this Solana-based DeFi protocol. Simultaneously, Binance will introduce JUP as a new borrowable asset with a new margin pair on the Isolated Margin within 48 hours from the listing date.
Meanwhile, the announcement comes amid CoinGecko data revealing Jupiter’s remarkable ascent in the decentralized exchanges landscape, securing the second position in trading volume. The data showed that Uniswap V3 (Ethereum) leads the pack with approximately $781.25 million in volume over the last 24 hours, while Jupiter claims the second spot with an impressive $629.32 million in trading volume during the same period.
