Solana's Jupiter Expands Beyond Trading With Token Baskets, Yield Vaults and New Portfolio

In brief

• Jupiter is launching four products, including Baskets for buying bundles of tokens in one deposit and Vaults for yield strategies run by outside curators.
• The Solana trading platform says it wants to apply the aggregation approach behind its $1.3 trillion in routed trades to owning, earning on and managing assets.
• The releases roll out this week ahead of Solana Breakpoint on November 15, with Vaults opening first as a private beta.

Jupiter, the largest trading platform on Solana, is rolling out four new products this week as it aims to expand from a place to trade tokens into an all-in-one home for onchain assets.

The company announced a new mission on Tuesday, "to make the world's assets universally accessible and useful," alongside the releases, which cover discovering, owning, earning on and managing assets.

Jupiter built its business by aggregating liquidity from across Solana so that each trade gets the best available price. It says that approach has processed more than $1.3 trillion in cumulative aggregator volume, and that its wider ecosystem now holds about $1.7 billion in total value locked, according to DeFiLlama data from early November. Its lending market has passed $1 billion in active loans, the company said.