Jupiter, a prominent DEX protocol within the Solana ecosystem, is expanding beyond decentralized exchanges through strategic acquisitions. Initially focused on token swaps, Jupiter aims to become a hub linking various aspects of the DeFi ecosystem.
Recent acquisitions include majority shares in Moonshot and key businesses such as SolanaFM, Coinhall, and Sonarwatch, enhancing data analytics and asset tracking capabilities. This expansion integrates trading infrastructure and on-chain data processing, enhancing user experience.
The acquisitions underscore Jupiter's ambition to create a complete DeFi infrastructure, marking its evolution from a DEX to a comprehensive ecosystem player.