Jupiter Exchange, a leading platform in the DeFi space, has introduced an innovative feature called 'MEV Protect' designed to safeguard transactions from MEV attacks, including sandwich attacks.
New 'MEV Protect' Feature
Jupiter Exchange offers the 'MEV Protect' tool, designed to shield transactions from MEV attacks such as sandwich attacks. These attacks exploit transaction ordering to profit at the expense of traders. Sandwich attacks involve placing orders around your trade to manipulate the market price and gain an unfair advantage. With just one click, users can activate this feature, which routes transactions through Jito Labs validators.
How 'MEV Protect' Works
When you enable 'MEV Protect', your transaction is sent directly to a Jito Labs validator instead of the conventional transaction pool. This direct routing reduces the opportunity for front-running, a technique used by attackers to place their trades before yours and influence the price. Jito Labs' advanced validation processes execute transactions in a way that minimizes the risk of manipulative tactics.
Additional Features of Jupiter Exchange
Jupiter Spot has enhanced its trading capabilities by integrating both pumpdotfun and Moonshot by DexScreener. This streamlines the process of trading new tokens, providing users with instant access and the ability to trade emerging assets with ease. This integration offers real-time insights and tracking tools to identify promising new assets.
Jupiter Exchange continues to innovate in DeFi, offering solutions to protect transactions and facilitate the trading of new tokens.
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