Solana

Introduces DOGE and BNB Trading on Solana’s Largest DEX

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  • Jupiter announced the integration of the Clone Protocol, allowing users to trade non-native Solana tokens such as BNB and DOGE on the largest decentralized exchange in the ecosystem.
  • The integration eliminates the need to use bridges; Users can now mine cloned assets (clAssets) on Clone, which offer a wrapped version of the original token on a secure and efficient platform.

Jupiter, the leading decentralized exchange (DEX) aggregator in the Solana ecosystem, announced the integration of the Clone Protocol, introducing a new era of trading non-native Solana tokens.

Jupiter is the largest DEX aggregator on Solana. Its popularity has increased over the past six months, struck at least $14 billion since December and peaking at $47 billion in March. This week, its average daily volume is over $800 million, four times more than second-place DODO.

This week, Jupiter announced that it had integrated Clone Protocol. “This allows you to trade assets that are not native on Solana, such as DOGE, ARB, and OP, seamlessly with low fees and without the need to backfill,” it says.

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Clone has committed to expanding its suite, assuring its users that “soon, all crypto will be at your fingertips right on Solana.”

Clone Protocol Expands Reach with Jupiter Partnership

Clone is a DEX on the Solana network that targets trading non-native tokens through its cloned assets, or clAssets. The vision is to allow users to trade any token on the market on the growing platforms of the Solana ecosystem without the need for risky bridges.

clAssets are supported by hyper-efficient liquidity pools in which only USDC participation is required. This consolidates liquidity and removes uncertainty around liquidity pools, providing the most scalable platform to integrate all other tokens into the Solana network.

Clone publicly spear its mainnet in early March, benefiting from features such as Comet liquidity systems, which cloned assets rely on for scalability and capital efficiency. Mainnet also introduced Wrapper, an easy-to-use and intuitive tool that allows users to exchange their bridged assets for cloned assets. For example, a user who has bridged SUI via Wormhole can exchange it for its cloned counterpart on a 1:1 basis and benefit from the speed, liquidity and security of the Solana ecosystem’s trading and DeFi platforms.

Clone Protocol has seen aggressive growth since the launch of its mainnet. On Clone Markets, users can trade classes seamlessly, with Arbitrum, SUI, and Optimism among the supported tokens.

However, the Jupiter partnership presents the greatest opportunity for Clone to become a pillar of the Solana DEX ecosystem.

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