Archer becomes first spot DEX powered by Jito BAM

The rollout includes a Maker Priority Plugin designed to prioritize market maker transactions during BAM slots, a change aimed at tightening onchain spreads on ArcherExchange.

JTO

Summary

ArcherExchange said it has become the first spot DEX (decentralized exchange) powered by Jito BAM. The launch also puts its Maker Priority Plugin live, which the exchange said prioritizes market maker transactions during BAM slots to support tighter onchain spreads. The update points to a market-structure push aimed at improving trading quality for onchain spot markets.

Terms & Concepts
  • DEX: Decentralized exchange for crypto trading
  • Jito BAM: A Jito system referenced for exchange execution
  • onchain spreads: Price gap between bids and asks onchain