Summary

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On January 25, 2025, decentralized exchange aggregator Jupiter acquired a majority stake in Moonshot for undisclosed amount

Moonshot reached 1 million daily users by January 20, 2025, and saw $400 million in trading during the TRUMP memecoin debut

Jupiter acquired Moonshot app to strengthen its presence in memecoin sector and enhance its Solana-based token trading capabilities

On October 24, 2024, DEX aggregator Jupiter reached a 24-hour trading volume of $1.98 billion, capturing 62.7% of the market and surpassing all other on-chain DEX aggregators combined

A decentralized exchange (DEX) aggregator is a platform that integrates multiple DEXs, offering aggregated liquidity for better pricing

Moonshot is a self-custodial memecoin trading app launched in July 2024

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