Jupiter Monthly Wrap - October

**October in the Jupiverse: Innovation, Growth, and a Fresh Start.

JM!** We’re elated to share a summary of the activities that took place in the Jupiverse during the month of October.

Fly along!:ringed_planet:

Week 1 Highlights

:ringed_planet: The month kicked off with the Planetary Call, featuring key updates including a new product reveal and details on the upcoming MET airdrop.

:ringed_planet: DTF (Decentralized Token Formation) was introduced. A new initiative designed to help teams raise funds seamlessly on-chain from their communities.

:ringed_planet: Jupiter announced a PnL Contest on X (Twitter) with a $10,000 prize pool.

:ringed_planet: The long-awaited Jupiter Wallet for desktop officially launched!

Week 2 Highlights

:ringed_planet: The launch of Jupiter’s stablecoin, $JupUSD, built in partnership with Ethena, was hinted to take place later in Q4.

:ringed_planet: A new blog series aimed at educating the community about Jupnet was launched, with the debut article focusing on JupVM.

:ringed_planet: Borrow fees on SOL positions were reduced by 25%, making trading more cost-effective.

Week 3 Highlights

:ringed_planet: Uniswap integrated Jupiter Ultra as the backbone for their Solana swaps, marking a major step in cross-platform collaboration.

:ringed_planet: Just when the community was getting comfortable with Ultra V2, Jupiter unveiled Ultra V3 — bringing even greater efficiency and powerful new features.

:ringed_planet: Jupiter became the second-largest validator on Solana, reinforcing its growing influence in the ecosystem.

:ringed_planet: An AWS (Amazon Web Services) outage affected Jupiter and several other platforms. The Jupiter team promptly informed the community and worked actively to mitigate the impact.

Week 4 Highlights

:ringed_planet: The long-requested Net Worth History feature was launched on Jupiter Portfolio, allowing users to track their asset performance over time.

:ringed_planet: Limit Order V2 was released, providing enhanced control and precision for traders.

:ringed_planet: The Litterbox Burn Vote was initiated on Jupiter DAO, engaging the community in key governance decisions.

:ringed_planet: To wrap up the month, Jupiter conducted a community reset on Discord as part of the Jupiverse Fresh Start Campaign, setting the stage for a renewed and energized community space.

Good highlightment, They’re cooked.