According to Odaily, Jupiter has announced its integration of the Raydium CPMM functionality on platform X. This new feature supports the Token2022, eliminating the need for the creation of an open market. Additionally, it comes equipped with a built-in price oracle using pool prices.
The integration of the Raydium CPMM functionality is a significant step for Jupiter, as it enhances the platform's capabilities and provides users with more options. The support for Token2022 also indicates Jupiter's commitment to staying updated with the latest developments in the digital currency market.
The built-in price oracle is another notable feature of this integration. It uses pool prices, which can provide more accurate and real-time price information. This feature can be particularly beneficial for traders and investors who rely on accurate price information for their transactions.
In conclusion, Jupiter's integration of the Raydium CPMM functionality on platform X, along with the support for Token2022 and the built-in price oracle, marks a significant advancement in its offerings. It not only enhances the platform's capabilities but also provides users with more options and accurate price information.