Guy solemé

[Glenn Tunes @glenn_tunes]

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

[Boston Radio Watch®️ @bostonradio]

British comedy legend Benny Hill (d.1992) would’ve turned 102 today.

"Sign Instructions"(1970) sketch.

[chaotic memes @memechaotic]

Straight out of a cartoon 😭

[Massimo @Rainmaker1973]

«Protect the pedestrian at all costs»

[Sol-Incinerator @solincinerator]

If you see this, just know that you're early 🔥

[Sol-Incinerator @solincinerator]

The sol-incinerator wasn't built in a day

Look how far we have come together 🔥

[Jupiter @JupiterExchange]

Following @dflow [1], we are formally requesting for our Metis router to be removed from Titan's meta-aggregator.

Like DFlow, we suspect that Titan may be biasing quotes, a behavior which has also been called out by other users and ecosystem participants [2].

But it goes far deeper.

After months of private conversations and dialogue without change, we have no choice but to draw the conclusion that Titan is not acting in good faith, and is intentionally seeking to mislead their audience, the ecosystem and their own users.

First, they have been misrepresenting Jupiter in their product for months. They are using our Metis router, which is not the same as Jupiter. Jupiter, as part of our trading engine, offers meta-aggregation with multiple external routers (including DFlow and OKX) and our own RFQ system (JupiterZ).

What the user sees on Titan is not at all the price that they actually get on Jupiter.

Despite months of our team informing them that this was misleading [3], Titan refused to rectify this, adding only 'Metis algorithm' via a tooltip and continued to market the inaccurate quote as a Jupiter quote, a major marketing stunt that made all the users feel like they are being offered a convenience, rather than the sleight of hand that it actually is.

Second, we suspect that when displaying “Jupiter” quotes, they are using an outdated version of Metis. Specifically, the Metis Binary, which has been sunsetted and is not at all reflective of current router performance. We recently offered them another suitable logo and name for the binary, but they again ghosted us on that offer in order to continue deceptively display quotes from it as “Jupiter.”

Finally, we have been requested access to the Titan API for months in the spirit of reciprocity (and per our Terms and Conditions). We are happy to send their router trading flow - as we are with DFlow and OKX. However, we have again been ghosted while other ecosystem projects have been granted access. Our only conclusion is that they are purposefully avoiding us in order to continue their own (unaudited and unproven) agenda.

We cannot help but feel our efforts at providing an API and binary for free or at cost, while being extremely net positive for the ecosystem over the past few years, have been abused by a team looking to play deceptive misleading games.

Jupiter Has Evolved Far Beyond A Router
Metis was the workhorse of Solana for many years [4]. It has powered $2+ trillion in volume and generated hundreds of millions in fees for our partners. We have continuously updated and improved it tremendously, culminating in the latest Iris update [5].

In 2023, we wanted to help teams who needed a router for their trading app. To accelerate the growth of the ecosystem, we offered the binary entirely for free.

We stopped supporting it formally 2 months ago because of the workload, and our lack of control over the results. Running it properly requires full RPC, data, and server infrastructure, and misconfiguration of these factors could lead to degraded performance.

But today, Metis is just one part of a much larger whole. Jupiter has evolved far beyond being just a single router - into a full-stack DeFi superapp with our own end-to-end trading engine with a meta-aggregation layer that combines multiple routers.

So yes, Jupiter is not a router anymore.

Beyond Quotes & Simulations
Effective trade execution is essential to Solana, which is why we invested so much over the years to ensure that any user coming to Solana gets a world class trading experience, and we are extremely proud of our track record here over the past few years using Metis.

But as the environment got more complicated, we went way past mere quotes or simulations comparison to focusing on actual trade execution, including MEV protection, slippage estimation and historical trade performance.

Beside aggregating various routers and comparing simulated quotes (what Titan does), we also measure the performance of each executed swap to feedback directly into our routing engine. This helps us to set better slippage (not too wide for potential sandwich) and punish markets that always slip far from quoted price to executed price (especially on Prop AMM/orderbook based markets) [6].

In addition, we will always put users as the #1 priority. When partners like OKX inform us that they have a router upgrade, if we believe that this offers users better performance or rates, we support the upgrades without hesitation, without fear that this might compromise our router’s volume. On the other hand, when a provider displays subpar performance that could be detrimental to users, we stop their service, inform them about it, and give them the chance to fix it. Ask any liquidity provider that we’ve integrated, they can attest to it.

Jupiter, DFlow and OKX have all made their APIs public. As mentioned, we have requested access to Titan's API, only to be ghosted while they have offered this to other teams.

Failure of Good Faith
Ultimately, we can no longer sit by while our repeated outreach is ignored and their users are misled. Titan has repeatedly used their misleading UI to market on the back of our reputation.

All of these points lead us to only one conclusion - that Titan Exchange is abusing the goodwill of our offerings in three ways.

First, they are misleading their users into thinking that the quote they see on their site is what they get on Jupiter.

Second, they are using the brand we built over years as a marketing gambit to claim superiority.

Third, their selective usage of our proven & battle-tested router to bootstrap their service, while refusing to provide their own router API for our integration, is unacceptable.

Jupiter will continue to work with good faith competitors in the space such as DFlow and OKX by offering the best versions of our routing APIs to these teams, who do the same with us.

----

[1] DFlow Statement from @niteshnath (https://t.co/o7Ld7Aqy3y) announcing that DFlow has formally requested removal from Titan’s meta-aggregator.

[2] Comparisons from @retiredchaddev (https://t.co/Skc37jphkG) showing examples of Titan-displayed quotes not accurately representing the quotes directly provided on other sites they claim to aggregate.

[3] Note from @sssionggg (https://t.co/bLhZFU2rGG) stating that we have tried to tell Titan for months to not use “Jupiter” on their website, as it is misleading people to think that Titan is aggregating “Jupiter” when they are not.

[4] Metis History from @sssionggg (https://t.co/VzWz809BKH) outlining the history and evolution of the Metis router, including its original design, impact, and significance within the Solana ecosystem.

[5] Iris Router Update from @JupiterExchange (https://t.co/0AqXX12a3q) providing an update on Jupiter’s routing infrastructure, known as Iris, and describing the next phase in Jupiter’s routing evolution.

[6] Quoted Price, Simulated Price, Executed Price from @sssionggg (https://t.co/RgteuvnFvL) describing the 3 prices states for each swap.
We have long moved past comparing merely simulated prices, and instead we are end-to-end optimising for users getting the best executed price.

[Jupiter @JupiterExchange]

Every feature in Jup Mobile was created to make your life easier:

Radar, for useful and timely alerts

Pro, to give you a trading edge

And of course Portfolio, to track all of your DeFi activity in 1 place.

[Guy solemé @solemeg]

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[Guy solemé @solemeg]

@sleepagotchi Can't you reveal 5 minutes early? We're exploding with curiousity :-)

[Guy solemé @solemeg]

@sleepagotchi 0x5e260DC469e9d24728ee2a98395f8b6848520BFD

[Guy solemé @solemeg]

@sleepagotchi 0x5e260DC469e9d24728ee2a98395f8b6848520BFD

[Sleepagotchi 💤🦖 @sleepagotchi]

Dino Gotchis Reveal Party. 10 NFT Giveaway. Join us now

[Sleepagotchi 💤🦖 @sleepagotchi]

we bought jereziz

[Guy solemé @solemeg]

@sleepagotchi 0x5e260DC469e9d24728ee2a98395f8b6848520BFD

[Guy solemé @solemeg]

@antongotchi 0x5e260DC469e9d24728ee2a98395f8b6848520BFD

[Guy solemé @solemeg]

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[DIEGO @diegoarmandoAD]

Who wants a FREE Dino Gotchi?

@sleepagotchi will be minting on october 16 on @opensea

Complete the simple tasks on the 🧵⬇️

[Guy solemé @solemeg]

@rangercrypt @sleepagotchi 0xc3E1e0408f60E8dcD55b83D18b890703b6CF78ed

[Rangercrypt @rangercrypt]

WL giveaway

I’ll be giving out 20 @sleepagotchi Free mint spots

Supply: 7,777
Launchpad: Opensea

Rules:

>>Follow @Rangercrypt and @sleepagotchi
>> Like, Retweet and drop a comment

Will be raffling soon

Goodluck 🫡