Jupiter’s Ultra trading service generated far fewer sandwich attacks than some competing Solana dApps, as shown by a new three-year academic study.
This points to Jupiter’s pursuit of safer trade execution. But it comes as JUP fell more than 9% from its latest high, following a sharp price rally that it witnessed.
Jupiter Ultra performs better than rival platforms
The study looked at sandwich attacks on six blockchains. Researchers pointed out 28 million cases on the Solana network involving transactions that users expected protection.
A sandwich attack begins when a bot spots an incoming trade. What it then does is buy the asset first, causing the price to go higher before the original transaction goes through. It then proceeds to sell immediately, which leaves the trader with a worse price.
Jupiter Ultra users saw fewer of these attacks compared with users from other trading platforms.
Jupiter had an overall score of 0.7, meaning that attacks happened less often than it was thought it might have by researchers. Axiom scored 18.9, Photon 11.1, and BullX and GMGM both scored over 10.
Those figures do not mean Jupiter has stopped sandwich attacks completely. Instead, they show an interesting case where the way in which a trading application handles orders can affect the risk.
Jupiter attempts to front-run trades and also will auto-manage how much volatility price movement a user is willing to tolerate. Its system also checks different trading routes and tries to select the one likely to deliver the best final result.
JUP price retreats from $0.37
The positive security finding did not stop JUP from falling 9.49% to around $0.337 at the time of this writing.
Its decline followed a rapid advance from around the $0.22 price level to nearly $0.372. That represented an increase of roughly 69%, making some profit-taking unsurprising.
The first price to be watched will be the $0.32 price level where buyers intervened in the latest session. If it fails, JUP may drop $0.30, followed by a stronger support area around the $0.29 price level.
A rally above $0.35 would improve the situation for the short-term perspectives. It would have to overcome the recent $0.37-$0.38 peak for the rally to continue.
But even with daily losses, JUP retains comfortable space above recent price averages. So the general rally is on track for now, but the latest rebound shows that the rally has moved into more complicated rally phases.
Final Summary
- Jupiter Ultra users faced fewer sandwich attacks than users of several competing Solana platforms.
- JUP’s recovery is in place above $0.29, but bulls need to reclaim $0.35 to challenge the fresh peak.
