we're going to keep it rolling by diving deeper into each of the updates that the Jupiter team has been grinding on for j. a this next speaker is one of our favorite people in the world even though he drinks flavored Soju he's an OG s Legend building in def5 for years some of you might know him as the lady killer welcome to the stage [Music] Soju Jam Jam everybody wow I think when M came to me it's like you know we got to thr a conference next January in November I was like damn it but
this is f amazing wel everyone woo but today I'm here to talk about something that everybody wishes does not exist in defi s Bish so who here sorry okay never mind I'll just keep goinging introduction I've been in sonana D5 for almost four years now and I'm so happy to be working on Jupiter solving probably the hardest problems we have on sonana and serving the most number of users possible um thanks everyone for being here and let's hope it works now and it doesn't nice okay yeah so I'm here to talk about a brief history
of cpage because our team has been working on cage for ages and we all know this my team knows this I know this we all hate cage we all reach this concept simply does not exist in defi you press the button you see $100 you press the button you get exactly $100 and this is what we are here to try to solve today so in case you don't know Sage is very simply the difference between what you see on Jupiter's UI and when the when the tokens arrive in your wallet and we've tried very hard
over the past year to solve this problem that we call cage we tried Auto cage we tried Dynamic cage and today we are uning rtsc so Auto seage auto siage is a very simple concept simp simply put when we about to execute our trade we assume that $1,000 of volume will happen on the exact same path as our trade we assume that $1,000 will affect the rate that you get this is amazing because on sonana we have so many amazing liquidity designs we have a boots we have Senter Reserve we have or amm Pro proactive
mm and auto Cate simply turns all of this into one simple c number that's defined up front but it doesn't actually know how much volume is actually happening on the chain at one point in time and so we launch Dynamic cage so the big difference between Dynamic cage and auto cage is that instead of using a $1,000 fix value we simulate the trade when you press the swap button and we multiply it by two so if we look at this chart Auto cage is defined at Cotes so immediately when you receive the Cotes we immediately
know how much cage you are going to assume damic cage is assumed when you press the swap button so we reduce the time from code to swap but today rtsc solves that by using real time price volatility and her States what does this mean is that imagine in sonana there's a very very very very smart guy and that guy knows every single SW that's happening on sonana whether it's Trum So So as youc he knows whether he sueded he knows whether he failed he knows the he knows the C that you had the C actually
happens and that guy is manually setting a cage for you whenever you press the swap button on Ultra mode on Jupiter the amazing thing about this is that it's real time and it's real volume real trades your someone else in Canada might be pressing the S button and he his tra went through with 1% and your s will go through at the same rate with him so this feature will be live on RTS on Ultra mode we are going to constantly add new team to rtsc making cpage hopefully a team of the past thank you
everybody and that's it give it up for Soju everybody wo