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Exchanges

Solana DEX Aggregator Improves New Token Support

NBTCBy NBTC27/08/2024No Comments2 Mins Read

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Jupiter Exchange, a leading Solana DEX aggregator, encountered a brief outage in its recently launched token service earlier today. The incident prevented the service from picking up newly launched tokens and affected features like Dollar Cost Averaging (DCA) for those tokens.

Despite the service interruption, users were still able to trade tokens normally. However, the specific functionalities tied to new tokens, including DCA, were unavailable until the issue was resolved. Jupiter Exchange has since resolved the issue, restoring full functionality to the token service.

In a public statement made on X, Jupiter Exchange acknowledged the service disruption and expressed gratitude to users who pointed out the issue, including the SouthShoreKP and HenryToken teams, who had tokens launching during the affected period.

Jupiter Exchange also admitted that its new token service, which was rolled out approximately a month ago, is still undergoing improvements to achieve the desired level of reliability. While it has taken initial steps to strengthen the system’s robustness, the exchange made it clear that this process will continue as it works toward the operational stability its users expect.

In an earlier update, Jupiter Exchange highlighted the identification of a malicious Chrome extension, “Bull Checker,” that targeted users within the Solana ecosystem. This extension, which had permissions to read and change all data on websites, was found to be stealing tokens by modifying transactions after users interacted with decentralized applications (dApps).

However, in collaboration with security experts and partners, Jupiter Exchange conducted an in-depth analysis to uncover how the extension bypassed normal simulation checks, resulting in token thefts. The DEX urged users to uninstall any suspicious extensions immediately and adopt key safety habits, such as scrutinizing permissions and avoiding untrusted sources for extensions.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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NBTC

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