Jump Crypto makes a strong return: After five years of deep cultivation, it solves the core constraints of encryption infrastructure in the role of a "builder".

Gate News, the well-known encryption market maker Jump Crypto has officially announced its return! The official statement is as follows:

After a long period of silence, we have never stopped building. In the past few years, we have remained low-key, but we have always been committed to construction. Today, we reintroduce ourselves to the world.

Core Identity: Builder Team Jump Crypto is primarily a Builders team—a group of engineers and problem solvers passionate about helping to build the next chapter of encryption infrastructure. For five years, we have been steadily advancing. Jump Crypto's strategy is extremely simple (yet difficult to replicate): identify constraints and build through them.

Record of Overcoming Challenges in Construction While Jump Crypto is often seen as one of the biggest trading players (trading is always at the heart of our DNA), we see ourselves as serious builders. We identify constraints through our trading practices and experience interacting with protocols, and then build solutions to break through them. At Jump Crypto, we're not in an ivory tower talking about a 10-year vision; We start by identifying the challenges and starting to build. History proves that construction breeds more construction:

1. Pyth Network ( High-Performance Oracle ): Traditional market data oracles are too slow and opaque in terms of data source/quality to meet the needs of high-performance traders and DeFi applications. That's why we've been a core contributor to building Pyth, a high-performance, open-source oracle that provides first-hand data on cryptocurrencies, stocks, forex, and commodities from major exchanges and trading firms. Today, Pyth has more than 100 data publishers, supports more than 100 blockchains, more than 520 applications, and is updated more than 280 million times a day. The identification of critical gaps, combined with engineering capabilities and consortium building, has made Pyth one of the most successful open-source decentralized oracles.
2. Wormhole ( Cross-Chain Interoperability Protocol ): During the development of Pyth, we quickly realized that its data could not be limited to a single blockchain, especially in an increasingly multi-chain world. This gave rise to Wormhole—a decentralized open-source protocol that supports cross-chain messaging, enabling various functions including cross-chain asset transfers (through applications built on top of Wormhole). Wormhole has transmitted over 1 billion messages and continues to expand by empowering tokenization through partnerships with Securitize and Centrifuge, bringing in several large traditional financial institutions.
3. Firedancer (Solana High-Performance Validator Client ): The idea of building a second standalone high-performance validator client, Firedancer, for Solana dates back to when Jump Crypto started trading on Solana DeFi in 2020. Our experience with on-chain interactions has shown that even blockchains with superior performance relative to their peers must scale if they are to approach the ultimate goal of a "decentralized NASDAQ".
4. DoubleZero ( Low-Latency Network Infrastructure ): When building Firedancer, engineers realized that it wasn't enough to write a new high-performance validator client based on experience with low-latency systems, and that the public internet itself was "too slow" and a constraint in itself. Recognizing that the public internet was not designed for the speed and reliability required for 24/7 exchanges, Jump Crypto co-created DoubleZero with Austin Federa and Malbec Labs. DoubleZero is building an open-source, decentralized, global fiber optic network of diverse contributors that aims to be the underlying infrastructure for distributed systems.
5. Key Security Infrastructure (Incubating Independent Companies with Internal Tools):
   • Cordial Systems ( Self-Custody Wallet Platform ): Due to the lack of a true self-custody private key and strategy management system in the market, Jump Crypto has built an internal self-custody and wallet operating platform to manage the thousands of on-chain transfers required to support its trading operations. The team has now independently become Cordial Systems, providing a robust self-custody digital asset wallet stack that has been deployed by Jump and several centralized exchanges. Asymmetric Research ( Embedded Security Research ):** Asymmetric Research was born out of a world-class security research and engineering team within Jump Crypto dedicated to securing Jump and its build projects. The lesson learned from high-profile vulnerability incidents is that point-in-time security audits are inadequate, and the entire development cycle requires continuous, embedded support. Since its inception, the team has embedded smart contracts, escrow management, and on-chain infrastructure security, and its expertise is now serving the entire industry. Through its research findings and disclosures, Asymmetric Research has helped projects avoid more than $5 billion in potential losses and supported the handling of more than 100 security incidents. While it continues to support Jump Crypto, it also serves other projects as a core contributor.

From Trading Challenges to Engineering Solutions These projects seem to be independent, but they have the same roots. Each one stems from the constraints or challenges we encounter in real-world transactions or on-chain builds. We are not willing to accept these constraints, but are driven by our beliefs to solve them – we firmly believe that the promise of crypto is not only to create a new financial track, but also to create a new way of organizing.

Interoperability:** Markets and their data are isolated across different chains, so Wormhole connects them. Speed:** Legacy code and network latency limit the scalability of high-performance blockchains. In response, we leveraged our expertise in high-performance, low-latency engineering, resulting in the creation of Firedancer and DoubleZero.

Core Principles of Open Source and Decentralization One of the core tenets of our building philosophy is to initiate the build, and quickly identify and form decentralized consortia. In each of these cases, Jump Crypto has played an important role as a core contributor, providing the code, but these networks have never been and are not controlled by Jump. We believe deeply in decentralization and believe that the lack of unilateral control is key. As a result, each of these projects is not only source available, but also fully open-source and even forkable. We believe that there are many effective ways to decentralize a project (e.g., validators, token governance, etc.), but at the heart of it is the lack of control – whether any individual or group under common control has the power to unilaterally change the protocol.

Why now? What is all this construction for? Why choose to speak out at this moment? In short, we believe that now presents a once-in-a-lifetime opportunity, not only to build new financial tracks but also to establish a new level of organizational coordination. The key is that this unique moment concerns not only technology but also policy is catching up. Nowadays, policymakers and regulators are eager to engage with the industry regarding the commitments to encryption technology. A recent example: Paul Atkins, the former chairman of the U.S. Securities and Exchange Commission (SEC), in his speech on May 12, compared on-chain assets to digital music and emphasized that regulators must establish a "rational regulatory framework" for the encryption market to keep up with the pace of innovation. Compared to previous years, many other policymakers and regulators have also expressed this refreshing viewpoint. We fully agree that thoughtful regulation will provide the clarity needed for the long-term success of the industry.

Jump actively participated in the Washington policy dialogue for the first time For the first time ever, Jump is actively engaged in policy discussions in Washington, D.C., joining other industry participants and organizations to communicate our views to regulators and legislators. Last month, we submitted our first comment letter (not just about the crypto space, but for the first time in Jump Trading Group's history) that laid out our insights on how U.S. securities laws can better fit into digital assets. We're calling for a common-sense update that clears the ambiguity that plagues entrepreneurs, investors, and millions of Americans who own/use cryptocurrency. We look forward to continuing to engage in discussions in Washington and will openly share our ideas – because good policy cannot be made in a vacuum, and we welcome participation and feedback from all sides.

Build the future together As we reintroduce Jump Crypto to the world, we're sending a message of openness and invitation. We're still here, we're building, and we're still passionate about the future of this industry. Whether you would like to join us as a Builders, Ecosystem Contributors, or participate in our Policy efforts, whether directly or indirectly, please contact us. Let's build the future of crypto together.