Jupiter Unveils New Solana-Based API for Enhanced Token Data Access

• Jupiter has introduced a revolutionary new API for faster and more secure access to token data.
• The API significantly improves speed and security, enabling instant access to tokens from emerging markets.
• Existing APIs will be retired by August 2024, and users are encouraged to make the switch to the new system promptly.

Enhance your token data interactions with Jupiter’s cutting-edge API, offering unprecedented speed and security.

Jupiter Releases Advanced Ecosystem Token API

In a strategic move to boost its ecosystem, Solana-based DEX aggregator Jupiter has unveiled a state-of-the-art Ecosystem Token API, which consolidates essential token, market, and partner information into a singular, efficient platform. This development marks a significant upgrade from their previous offerings, focusing on speed and security enhancements that aim to revolutionize how projects interact with token data.

Speed and Efficiency: Core Upgrades of the New API

One of the most notable updates in Jupiter’s new API is its remarkable speed. Built on the new Metropolis infrastructure, the API can identify and list new tokens from emerging markets in nearly real-time. By scanning all transactions on the Solana blockchain and filtering for new market creations, the API delivers token metadata in under a minute, a vast improvement over hours-long update times of its predecessor.

Enhanced Flexibility and Security Features

Jupiter’s Ecosystem Token API also introduces multiple endpoints, providing users with tailored access to verified tokens, tradable sets, or the entire token universe. The API features integrations with community-owned verification systems and partner lists, ensuring that users access only validated and reliable token data. Enhanced security protocols include the identification and removal of fraudulent tokens that mimic popular names and symbols, significantly bolstering user trust and data integrity.

Comprehensive Market Metrics and Metadata

The advanced API incorporates extensive market metrics and essential metadata, such as daily trading volumes, freeze, and mint authority details. This comprehensive approach allows users to obtain a complete overview of token data through a single API call. The holistic data access ensures that decision-makers have all the necessary information at their fingertips, simplifying the data retrieval process.

Transitioning to the New System

Jupiter has announced plans to phase out its old APIs by the end of August 2024, urging users to migrate to the new system. The transition is designed to be as seamless as possible, with the new API maintaining a similar response structure to the old one, easing the adaptation process for existing users.

Conclusion

Jupiter’s new Ecosystem Token API sets a new standard for speed, security, and comprehensiveness in the crypto space. As projects transition to this advanced system, the improved efficiency and enhanced security measures are expected to significantly impact the way token data is accessed and utilized. Stakeholders can look forward to a streamlined experience that not only meets but exceeds current industry standards.

The post Jupiter Unveils New Solana-Based API for Enhanced Token Data Access appeared first on COINOTAG NEWS.