Solana-Listed Forward Industries Tests Prop AMM With Jump and Galaxy Support
COINOTAG News, citing Businesswire on December 3, reports that Forward Industries, a Solana-listed company, is testing Prop AMM, with technical support from Jump and Galaxy. Prop AMM (Proprietary AMM) represents a self-built public liquidity pool, designed to augment on-chain liquidity and pricing efficiency for selected asset pairs within the Solana ecosystem.
The initiative signals ongoing DeFi infrastructure development within Solana and demonstrates how proprietary liquidity solutions are being pursued by builders. By deploying a self-contained liquidity pool, Forward Industries aims to enhance pricing transparency and efficiency for select asset pairs while potentially reducing counterparty risk for participants.
Analysts noted that the project, if scaled, could contribute to broader liquidity depth within the Solana market and underscore the role of Prop AMM in contemporary DeFi tooling. The update, derived from Businesswire, remains factual and non-speculative, with no timeline disclosed for a public rollout and operations remain subject to regulatory and market considerations.
