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January 10, 2025 by Lipika Deka
- TON & Jupiter aims to build a cutting-edge liquidity aggregator, enabling cross-chain swaps.
- Users can expect the most competitive prices and access to a vast pool of liquidity across multiple blockchains.
- Win big by showcasing innovative aggregation solutions on the blockchain. Prizes include industry mentorship, funding, and valuable resources.
Amid market volatility, TON Foundation and Jupiter Exchange have presented a thrilling opportunity for traders to capitalize on altcoins. This collaboration aims to build a cutting-edge liquidity aggregator on the TON blockchain and pave the way for cross-chain swap integrations, redefining the future of decentralized finance (DeFi).
Jupiter, a renowned platform for decentralized trading, will bring its expertise in spot and perpetual swaps to the TON ecosystem. The official blog states that users can benefit from the most competitive prices across various blockchains, maximizing profits.
The integration will allow users to tap into a vast pool of liquidity, opening doors to new trading opportunities. This partnership is a major boon for both developers and traders. Vlad Degen, DeFi Lead, at the Foundation stated,
We’re thrilled to collaborate with Jupiter as we continue to expand the TON DeFi ecosystem. Our past collaboration with similar partners in this field earlier this year motivated us to pursue a similar partnership with Jupiter. We believe this collaboration will bring immense value and help establish a thriving cross-chain future.
To celebrate this collaboration, Both the entities are launching a DeFi competition. All live and in-development aggregation projects on TON are eligible to participate. The challenge involves showcasing innovative solutions and competing for enticing rewards. Winners will be announced on Feb 15th, 2025.
Win Big in the TON DeFi Competition
Furthermore, participants will receive invaluable advice from industry leaders on route optimization, liquidity management, and go-to-market strategies. TON Foundation will facilitate access to valuable resources and potential funding to propel their project’s growth.
Overall, this partnership marks a significant step towards establishing the as a leading force in the DeFi landscape. By leveraging Jupiter’s advanced technology, users can expect a more efficient, profitable, and interconnected trading experience.
Disclaimer: This information is for educational purposes only and should not be considered financial advice.