Comment
Author: Admin | 2025-04-28
– Brandon Millman, who’s also one of the co-founders. You can find them here and here.FoundersPhantom was co-founded by:Brandon Millman – currently serving as the CEO.Francesco Agosti – currently serving as the CTOChris Kalani – currently serving as the CPOFundingData from CryptoRank shows that Phantom’s latest funding round in January 2022 valued the company at $1.2 billion. They raised $109 million. Before that, in July 2021, the company raised $9M.Phantom’s investors include Paradigm, Jump Capital, Andreessen Horowitz, DeFi Alliance, Variant, and Solana Ventures.Notable MilestonesRaised over $100 million at a $1.2 billion valuation in January 2022.Extended support for Ethereum and Polygon in April 2023.Reported at 2.7 million monthly active users in January 2024.Jupiter: Solana’s Top Decentralized Exchange (DEX)Quick summary:Largest daily trading volume among Solana DEXs.Abundance of trading tools such as limit orders and DCA.Commitment to reward community.As mentioned above, decentralized exchanges are at the forefront of Solana’s bustling ecosystem, providing a means for users to quickly swap between tokens without having to rely on their centralized counterparts.Jupiter launched back in October 2021 and is one of the first on-chain swap aggregators on the networks.Important features such as limit orders, dollar-cost averaging (DCA), efficient swap services, and perpetual exchange capabilities (albeit still in BETA) are part of its success.In January 2024, Jupiter launched its token, JUP. This was one of the most highly anticipated airdrop campaigns in the cryptocurrency industry, further highlighting the team’s commitment to rewarding its community.This approach, firmly coupled with the team’s overall approach toward innovating and delivering practical and functional trading tools, has cemented Jupiter as one of the top projects on Solana and a powerhouse in the field of decentralized trading.You can also read our guide on which are the top decentralized exchanges overall.FoundersThe founder of Jupiter is pseudonymous, using the X monicker Meow. Ben Chow is the co-founder.FundingJupiter conducted an airdrop in January 2024. According to its tokenomics, 20% of JUP is reserved for team members under a specified vesting schedule. The team also manages a 20% strategic reserve.Notable MilestonesOutperformed OpenSea on multiple occasions in 2024.Conducted one of Solana’s largest airdrops, launching the JUP token.Introduced limit
Add Comment