solana slot times are now 300ms BAM now schedules ~30ms batches, up to 10 batches in a slot (up from 8) first order effect: market makers using MPP can now **deterministically** update their quotes up to 10 times per slot! second order effect: higher. much higher.

as solana:So11111111111111111111111111111111111111112 mooned above $100, we've onboarded more makers + markets, MPP utilization is up and to the right, and most markets still live offchain we also just open-sourced a leader-aware MPP sender, so makers can more easily send oracle updates to MPP during BAM leader rotations: so far, most of our efforts has been focused on makers bc they are critical for highly efficient markets. wait til you see what we're cooking for takers. much, much higher

the below video conference is a great rundown if youd like to get caught up on all things @jito i wanted to provide more color on plugins since this area of BAM is how it differentiates itself from other block builders and introduces ACE. - MPP utilization is hovering around 40%. meaning, users enrolled in the service are using MPP for 40% of all their oracle updates for enrolled accounts. this number has gradually increased over the last few weeks and peaks higher during periods of elevated market volatility, indicating users are continuing to adopt the plugin and use it more when they need it most - 40% might look low (we are shooting for higher), but the largest users (BisonFi, Tessera, ScorchFi) quoting the most competitive markets -- SOL/USDC -- are using MPP for 70-90% of their oracle updates. the biggest and best clearly see a benefit. - among these market makers, we are seeing signs of quoting tighter during BAM slots, and we are working with them to understand how we can accelerate even tighter spreads. this includes shipping BAM Time, giving prop AMMs smaller notions of time onchain than what is currently offered by solana's sysvar clock - for enrolled users who are not using it as frequently, i think there are areas in other parts of the stack that can increase utilization. for example, we'll be open sourcing BAM leader aware MPP sender code, to make it even easier to send oracle updates via MPP during BAM slots - we're also continuing to onboard more makers and markets. this is exciting to think about, bc zooming out, the results we're seeing on SOL/USDC, where high frequency priority is more important, can be applied to ANY market that scales. so as solana continues to grow and attract more liquidity, MPP will be battle-tested and ready to usher better experiences for market makers on ANY market Zooming out a bit more, MPP gives us the opportunity to work with some of the most sophisticated traders in crypto, which provides us valuable insights that we can apply in other areas to improve the experience for a much wider surface area of traders on solana. and IMO, that is the exciting part about MPP -- by plugging in prop AMMs, we're not only helping market makers quote tighter, we're also gaining a glimpse of how we can plugin [redacted] accelerate!

Yes. And there are teams like @Hadron_Fi @flint_trade_ abstracting the difficulty of onchain market making With MPP, plus the distributions of users already using Solana, market making on Solana is a no brainer. And we have more for market makers coming soon.

A JTX user completed a $2M TWAP of $USDC into $SOL this morning By breaking the order down into 241 sub orders over 4 hrs, each individual order had an average price impact of just 0.88 bps and filled within 0.08bps of the quoted price Running a similar trade on a leading CEX would have resulted in $624 more in fees/execution costs The best place to buy $SOL is on @Solana

FireBAM is now fully open source, with the full Mainnet release live. FireBAM also supports both Frankendancer and the full Firedancer client now, giving validators BAM's verifiable ordering and full access to Jito Tip & Priority Fee revenue.