Jupiter Launches Limit Order V2 on Solana With Privacy Features

Core Insights - Jupiter Exchange launched Limit Order V2 on October 29, an upgraded trading system on the Solana blockchain targeting both beginners and professional traders [1] - The new system enhances control and precision for traders by automating entries and exits while protecting positions privately [1] Privacy Protection - All V2 orders are privacy-protected to prevent front-running, keeping orders confidential until the trigger price is reached [2] - The privacy mechanism addresses vulnerabilities in decentralized exchanges, where pending transactions can be exploited through front-running attacks [3] - The V2 system conceals order details until execution conditions are met, providing an additional layer of protection against miner extractable value (MEV) issues [4] New Order Types and Pricing Options - Traders can set limit orders based on a token's USD price or market cap, eliminating manual conversions [5] - The V2 system corrects the execution of Buy Above and Stop Loss orders, ensuring they only execute when the market reaches the specified limit price [5] Advanced Trading Features - The platform supports bundled orders through a One-Cancels-Other mechanism, allowing traders to set both Take Profit and Stop Loss on a single position [6] - Instant editing of live orders is enabled, allowing traders to update active orders without needing to cancel and resubmit [6] Ecosystem Expansion - The launch of V2 coincides with Jupiter's ecosystem expansion, including a partnership with Ethena Labs to introduce the JupUSD stablecoin in 2025 [7] - The Solana network is gaining institutional interest, with Western Union planning to launch its exclusive USDPT stablecoin by mid-2026 [7]