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Solana’s top swap venue seems immune to criticism

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No matter how crazy things get, Jupiter’s market share seems impenetrable for the time being. Last week, the swap aggregator and Solana DeFi everything app had two of its programs closed by an unauthorized user who gained access to its private key used for program deployments.

User funds were safe, the engineer in charge of the programs disclosed on X, implying that he meant to make the program only upgradeable by multiple key signatures but didn’t get around to it in time.

The programs have since been changed — they are now governed by a multisig that takes multiple keys to be opened. Having just one private key guarding programs with real users is a serious security mishap, and Jupiter is probably thanking its lucky stars that no funds were stolen.

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