So
@JupiterExchange finally launched orderbook perps on 6 new markets: JUP, HYPE, ZEC, SpaceX, SanDisk, SK hynix, with more to come later.
Fees are identical to
@PhoenixTrade. 3.5 bps taker, 0.5 bps maker, hourly funding.
Jupiter has the upper hand right out of the bat with higher leverages across the board.
It is still in beta, so there are a few things to be aware of while trading:
→ Position capped at $50k, market OI at $5M
→ No take profit or stop loss
→ Need to stake 69 solana:JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN to trade
Overall, this feels like a much-needed change, which will increase Jupiter's revenue and keep the perps market on Solana really competitive.