According to BlockBeats, on January 20, Jupiter co-founder Meow issued a statement addressing recent system load issues. Meow expressed apologies for the instability and expansion challenges faced by the system. Over the past few months, the team has been working diligently to stabilize and expand various subsystems. However, under extreme market conditions, it is evident that more work is needed.
The recent market volatility has disrupted many on-chain and off-chain components, including the price API and quote engine. In response, the team is seeking to deploy simple mechanisms immediately to restore stability while understanding the numerous edge market conditions that could lead to system disruptions.
Additionally, Jupiter plans to introduce significant upgrades to address these issues systematically, although these upgrades will take some time to implement. The team is committed to restoring stability as quickly as possible and aims to provide better services in the future.