JupiterSwap

Getting Started

JupiterSwap, often referred to as part of the Jupiter Exchange / Jupiter DEX ecosystem (accessed via jup.ag), is a DEX aggregator built on Solana that enables users to perform token swaps across multiple liquidity sources for optimal pricing. Jupiter Exchange official site describes how to optimize slippage, routing, and trade splits. :contentReference[oaicite:0]{index=0}

1. Visit the official JupiterSwap / Jupiter Exchange web interface (jup.ag) or one of its secure mirrors. :contentReference[oaicite:1]{index=1}
2. Connect your Solana wallet (Phantom, Solflare, Ledger, etc.).
3. Ensure you have SOL for gas and the tokens you wish to swap or trade.
4. Select your desired feature: Swap (spot), Perpetual trading, or Lending (via JLP Loans, if eligible). :contentReference[oaicite:2]{index=2}

Why Use JupiterSwap?

• Best Routing & Minimal Slippage: Jupiter’s aggregator logic splits trades and finds optimal routes across DEXs. :contentReference[oaicite:3]{index=3}
• Perpetuals Support: Jupiter Perps supports leveraged trading (up to 100× for SOL, 150× for ETH / wBTC) using JLP as liquidity. :contentReference[oaicite:4]{index=4}
• Lending via JLP Loans: Jupiter introduced JLP Loans, allowing users to collateralize JLP to borrow USDC. :contentReference[oaicite:5]{index=5}
• Fee Architecture: Swap fees are dynamic, e.g. 0.1% base for non-stable assets, and borrow fees on perps are compounding. :contentReference[oaicite:6]{index=6}
• Non-Custodial & Transparent: You keep control of your keys; Jupiter only routes trades. :contentReference[oaicite:7]{index=7}

Step‑by‑Step Guide

Spot / Swap

1. Connect your wallet to JupiterSwap.
2. Choose “Swap” or “Trade” mode.
3. Select input and output tokens.
4. Enter amount, check slippage, routing path, and fees.
5. Confirm the transaction from your wallet to execute swap.

Perpetuals / Leverage

1. Go to the “Perps” section on the Jupiter interface. :contentReference[oaicite:8]{index=8}
2. Choose market (SOL, ETH, wBTC) and leverage.
3. Provide collateral; the protocol borrows remaining tokens from the JLP pool. :contentReference[oaicite:9]{index=9}
4. Open your position, manage margin, monitor funding rates and liquidation thresholds. :contentReference[oaicite:10]{index=10}

JLP Lending / Borrowing

Through JLP Loans (a lending module), Jupiter allows users to borrow USDC against JLP collateral. :contentReference[oaicite:11]{index=11}

1. Deposit JLP tokens as collateral.
2. Select how much USDC you wish to borrow.
3. Approve borrowing contract and confirm.
4. Manage your loan: repay or withdraw collateral. :contentReference[oaicite:12]{index=12}

Security Best Practices

• Always verify you’re using the official domain (jup.ag or verified mirror). :contentReference[oaicite:13]{index=13}
• Never share your seed phrase or private keys with anyone.
• Review smart contract addresses before approving. :contentReference[oaicite:14]{index=14}
• Use hardware wallets where possible for high-value positions.
• Test new features (perps, lending) with small amounts initially.
• Watch updates and audits; Jupiter has introduced “Jup Protect” security features. :contentReference[oaicite:15]{index=15}

Advanced Features

• Swap V3: Jupiter launched Swap V3 with instant routing and dynamic slippage. :contentReference[oaicite:16]{index=16}
• Multiple TP / SL & Trade Sharing: Perps now support partial take-profits, stop-loss, and trade sharing. :contentReference[oaicite:17]{index=17}
• Lower Borrow Fees: Recent updates reduced SOL borrow fees ~25%. :contentReference[oaicite:18]{index=18}
• JLP Pool as Yield Engine: JLP underpins swap, perps, and lending, combining trading fees and interest. :contentReference[oaicite:19]{index=19}
• Governance & Community Growth: JUP token holders influence protocol direction. :contentReference[oaicite:20]{index=20}

Conclusion

JupiterSwap (via Jupiter Exchange / jup.ag) is evolving into a full-featured DeFi hub on Solana: combining smart swap aggregation, leveraged perps, and lending via JLP Loans. With advanced routing (Swap V3), improved features like TP/SL, and ongoing innovations in JLP lending, the ecosystem is maturing rapidly. Always approach leveraged and lending features with caution—start small, verify contracts, and secure your wallet. To get started, visit jup.ag and explore the Jupiter ecosystem confidently.