Jupiter Co-founder: Will cooperate with Chaos Labs, Gauntlet and others to solve technical problems such as oracle and data delay

2024/07/11 12:35

Odaily News Jupiter co-founder meow posted on the X platform that operating a sustainable perpetual contract market requires the continued attention of traders and liquidity providers. Jupiters mission is to ensure that this is not a zero-sum game, but to build a platform where both parties work together to achieve their risk/return needs, so Jupiter will not rush to take temporary solutions, but make overall improvements. Jupiter will work with Chaos Labs, Gauntlet, and Offside Labs to conduct user data analysis to update parameters, and improve some very difficult technical problems (such as oracles and data delays), and try to solve the problems comprehensively. Some major improvements will also be launched in terms of oracles and data improvements. Earlier news, Chaos Labs, an on-chain risk analysis platform, announced the launch of the Jupiter risk monitoring and alert platform. Jupiter users can use the platform to monitor trading volume, open contracts, trader profits and losses, market liquidity, and liquidation data.

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