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espi
@espicodes
Engineering @JupiterExchange Co-founded @abklabs. Core contributor on @metaplex DAS, @triton_one Yellowstone OSS, @anza_xyz Codama.
加入 August 2017
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At @JupiterExchange we built and operate our own transaction-sending network, so your trades go straight from us to the leader. We continually benchmark it against the top transaction-sending services to ensure your trades are not only safe but also fast. The result: the lowest sandwich rate of any trading venue.
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Everyone compares trading fees Nobody checks where is lowest sandwich rates Same $100k of volume, four apps, last 30 days: • Axiom 8.84 bps = $88.40 to bots • GMGN 4.42 bps = $44.20 to bots • FOMO 0.58 bps = $5.80 to bots • Jupiter Ultra 0.06 bps = $0.60 to bots Here's what's actually happening: A bot sees your swap, buys the token in front of you, your order fills at the worse price it just created, then the bot sells into it That's a sandwich 147x difference between Axiom and Jupiter Ultra, 10x between FOMO and Jupiter Ultra with same trade Most of that gap is slippage, the wider you set it, the more a bot is allowed to take
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