Significant Reduction in Transaction Fees Across Layer 2 Networks
Significant Reduction in Transaction Fees Across Layer 2 Networks
🤯 Tx Fees Plummet
Transaction fees across major Layer 2 networks, including Arbitrum, Base, Optimism, and zkSync, have experienced a drastic overnight reduction of 50-99%. This development is attributed to the implementation of blobs, a technological solution. The new fees range from $0.01 on Optimism to $0.14 on Arbitrum, providing users with more cost-effective options for bridging and swapping cryptocurrencies on platforms like Jumper.
Thanks to blobs, tx fee across L2s has reduced drastically overnight — from 50-99% 🤯 Arbitrum: $0.39 -> $0.14 Base: $0.37 -> $0.03 Optimism: $0.32 -> $0.01 zksync: $0.19 -> $0.1 It’s time to bridge and swap your hearts out on Jumper frens!
Preliminary Findings on Dencun Upgrade 1/ Median transaction Fee dropped from 50%-99% Arbitrum: $0.39 -> $0.14 Base: $0.37 -> $0.03 Optimism: $0.32 -> $0.01 zksync: $0.19 -> $0.1 Zora: $0.2 -> $0.001
🚄 Monorail Swap Aggregator
**Monorail**, the Monad-native swap aggregator, launches on **Jumper** at Day 0 of Monad's mainnet. Key details: - Users can swap any asset on Monad through Jumper's platform - Integration provides seamless access from launch day - Partnership addresses community demand for Day 0 availability This collaboration ensures immediate cross-chain functionality when Monad goes live, giving users direct access to the new blockchain's ecosystem from the start.
🚀 Jumper Hits $2.14B Volume Record
**Jumper Exchange achieved a new all-time high** with $2.14B in trading volume during September. **Key developments include:** - Integration with @0xoogabooga and @HyperFlow_fun DEX platforms - Launch of official onboarding platform for @Plasma - Significant volume growth from August's $1.6B The bridge aggregation platform continues expanding its **DEX connectivity** and user onboarding capabilities. [Read full breakdown](https://jumper.exchange/learn/jumper-update-september)
BSC Trading Volume Doubles on Jumper as Chain Gains Momentum
**BSC trading activity surges on Jumper platform** Binance Smart Chain (BSC) users on Jumper have **doubled their swapping activity** over the past 5 weeks. This growth appears linked to what's being called the "Aster effect." **Key developments:** - BSC recently entered Jumper's **top 3 chains by net flows** - Trading momentum suggests BSC is experiencing renewed interest - Jumper users are capitalizing on the increased activity The platform continues positioning itself as a way to maximize transaction value on BSC trades during this uptick in network usage.
🪙 Solana's USX Stablecoin
**Solana's native stablecoin USX is now live on Jumper**, powered by Solstice Finance. **Key features:** - Access to institutional-grade yield - Uses delta-neutral strategy for stability - Available through Jumper's bridge aggregation platform USX joins other stablecoins like MetaMask's mUSD on the Jumper platform, offering users seamless cross-chain asset movement with minimal slippage. *Ready to explore institutional-grade yields on Solana?*
Whale Executes $1M Cross-Chain Transfer with Near-Zero Slippage
A crypto whale successfully moved **$1 million USDT** from Ethereum to Solana using Jumper's bridge aggregation service. The transaction achieved **almost zero slippage**, demonstrating the platform's efficiency for large-scale cross-chain transfers. This follows recent activity where another user moved nearly $1M USDC between Base and Arbitrum with minimal fees of just $0.081. **Key highlights:** - Cross-chain transfer: Ethereum → Solana - Amount: $1M USDT converted to SOL - Minimal price impact despite large size - Growing trend of institutional-sized bridge usage The successful execution shows improved infrastructure for moving significant capital across different blockchain networks without substantial trading costs.