jupiter07
$jup
MCAP724.47M
+9.12%

what's jupiter?

Jupiter appears to be a Solana-based decentralized exchange (DEX) with a native token $JUP. The platform offers trading capabilities and has integration partnerships with other DeFi protocols like Meteora. Jupiter has a mobile app that recently launched a $1 million airdrop campaign for 10,000 new users. The project faces some community concerns about tokenomics, with predictions that $JUP may not exceed 67-68¢ in the current bull run without improvements to token value or tokenomics adjustments. The platform is used by various other crypto projects for token trading and liquidity provision.

Snapshot

Jupiter nears $200M monthly tokenized stock volume, integrates SHDW for Solana, and has 6M users.

contract

solana

unichain

9H ago
ONCHAIN METRICS

Reached close to $200 million in monthly trading volume for tokenized stock assets on its platform.

17H ago
PARTNERSHIP

integrates with SHDW to enable instant private trading for Solana tokens

2D ago
ONCHAIN METRICS

Portfolio product crossed 6M unique users

3D ago
TOKEN ECONOMICS

Reinjects all off-chain yield from bonds as native yield boost for jlJupUSD holders, providing an extra 2-4% APY on top of base returns.

5D ago
OPINION SPECULATION

Currently ranks behind leading perpetuals protocols Lighter, Aster, and Hyperliquid in trading volume, according to market commentary comparing perps sector performance in 2025.

TECH EVENT

Keystone wallet's multi-coin firmware v2.3.4 added USB signing support for the Jupiter Extension wallet.

1W ago
ONCHAIN METRICS

DEX aggregator volume declined 74% from January 2025 to December 2025.

OPINION SPECULATION

Solana co-founder Anatoly Yakovenko suggested to the Jupiter team that they consider storing profits as future token-claimable protocol assets with a one-year lockup/staking mechanism for token yield, where stakers would receive a bigger claim as the balance sheet grows.

TECH EVENT

Released Jupiter Mobile v3.

OPINION SPECULATION

A community member proposes stopping the JUP buyback program, which spent more than $70 million in 2025, and redirecting those funds to growth incentives for users instead.

VISIBILITY EVENT

Mobile app receives widespread praise and recognition.

VISIBILITY EVENT

Jupiter DTF launches with guaranteed liquidity on Meteora through an active collaboration between Jupiter and Meteora.

TOKEN ECONOMICS

Charges 0.1% swap fees on the platform.

PARTNERSHIP

Collaborated with Jupiter to produce co-branded drinks during 2025.

VISIBILITY EVENT

Hosting or participating in Jupiverse 2026 event on January 26, 2026.

2W ago
VISIBILITY EVENT

Plans to host CatLumpurr, an in-person event in Malaysia.

TOKEN ECONOMICS

Distributes a meaningful share of protocol revenue to JUP token holders.

VISIBILITY EVENT

Nominated for the Defi Excellence Award by The Rollup, with the winner to be announced on 2025-12-30.

ONCHAIN METRICS

Experienced a 58% price decline from October 10, 2025 to December 2025.

3W ago
TOKEN ECONOMICS

Has a large single token unlock exceeding $5 million scheduled within the seven days starting December 22, 2025.

MARKET ACTIVITY

Deribit is running a trading volume promotion requiring 18M volume to secure 100 USDC and offering a 500 USDC prize draw, with the promotion ending on December 22, 2025.

VISIBILITY EVENT

Listed among platforms and services where crypto users can trade during bear markets, alongside mentions of partnerships with Solana and mainstream media coverage.

ONCHAIN METRICS

Generated higher 24-hour fees than Pump.fun, marking a shift in top fee-generating protocols on Solana.

PARTNERSHIP

Uses Chaos Oracles for price feed infrastructure alongside other DeFi protocols including Aave, Pendle, and GMX.

ONCHAIN METRICS

achieved price impact of approximately 5 basis points on $1 million Solana trades on Solana decentralized exchanges, compared to 12 basis points on Coinbase

VISIBILITY EVENT

Featured as a partnership mention in a prominent crypto podcast episode (E152 of Kevin WSH Pod) with Raoul Pal discussing crypto navigation for 2026.

1M ago
PARTNERSHIP

Partnered with Fluid for an integration or collaboration on Solana.

Jupiter Lend borrowing rates at around 4%, enabling leverage loop opportunities of up to 20% or more.

Protocol generates $1M in daily fees at $587M market cap and $1.3B fully diluted valuation.

Jupiter Exchange routes large trading volume to Humidifi's professional market making protocol, serving as routing infrastructure for the dark pool-style Prop AMM on Solana.

Rainfi team joins Jupiter to build Offer Book, a lending orderbook without price-based liquidations launching in Q1, with 7 new team members added to the project.

Moonbirds SBT mint window closes in 18 days, requiring Jupiter Mobile wallet users to make one swap to qualify ahead of $BIRB token launch.

New Portfolio API now available for developers to retrieve Jupiter position data for use in applications and dashboards.

JupUSD stablecoin launch scheduled for December 19.

JUP gains top mindshare in DeFi over 7 days. Jupiter builds toward all-in-one financial services suite in direct competition with Kamino.

Jupiter Lend reports $1.017B TVL with $624.5M borrowed and ranks as one of Solana's top two lending protocols in 2025.

JUP token receives Upbit exchange listing.

Jupiter acquired RainFi and debuted the JupUSD stablecoin at Solana Breakpoint 2025 on December 11.

Jupiter ranks #2 by revenue generation among top crypto projects but declined 40% over 30 days, with analysis suggesting revenue-generating projects trade at a discount.

Jupiter will launch a new stablecoin next week in collaboration with Ethena.

196,000+ SBTs minted from Jupiter × Moonbirds collaboration, with $BIRD/$BIRB token launching soon and 95k+ pre-market watching views.

Jupiter partners with Kalshi and dflow for tokenized prediction markets on Solana.

rishotics introduces encifherio, enabling users to trade on Jupiter with compliant privacy features.

Bullet launches on Solana mainnet as a competing perp trading platform, claiming institutional-grade infrastructure with 8,000+ orders per second and positioning itself as a superior alternative to Jupiter Perps.

2,500+ Jupiter users receive whitelist access for 75% discounted fees on gTrade platform, with $300k+ in rewards active in the Naughty or Nice trading competition.

Jupiter acquires Rainfi to expand on-chain lending and liquidity capabilities.

The $1M Rewards Hub campaign goes live with card-based rewards across 5 rarity tiers earned through spot trading and referrals, with the campaign ending February 1.

JupUSD stablecoin launches next week with Ethena partnership, featuring deep integration across swap, perps, DCA, and limit orders with real yield functionality.

Lend exits beta, becomes open-sourced, and achieves $1B supply in 8 days. JupUSD launches next week, and new products VRFD (trusted data layer for tokens) and Terminal (pro trading tools with Alphascan) are announced.

Jupiter generates $9.71M in fees and cashflow for the week, ranking 5th among major DeFi protocols in performance metrics.

Jupiter debuts JupUSD stablecoin at Solana Breakpoint 2025 Day 1 in Abu Dhabi, moving from prior announcement to official unveiling.

Jupiter announces Developer Platform with comprehensive API analytics and real-time dashboard for builders, and reports $1.08T in combined spot and perps volume YTD, $2.7B TVL on Solana, and 34M+ active wallets YTD. Rewards Hub launches with a $1M pool tied to trading contributions, and the RainFi acquisition includes Offer Book launching in Q1 2026.

Jupiter appoints KKR's Head of Digital Asset Strategy (@xxjzhu) as its new President, bringing traditional Wall Street finance leadership to the team.

A Moonbirds SBT claim is available for users who used ultra swaps on mobile in the last 8 months, switch to Jupiter and complete 1 swap in the next 2 weeks, or hold Moonbirds/Mythics/Oddities NFTs, with SBT ownership providing potential future airdrop eligibility.

Jupiter acquires RainFi to accelerate Solana's onchain credit markets, with Droplets users receiving $JUP rewards in early 2026.

Jupiter announces JUPUSD stablecoin launching next week and unveils four major products at Solana Breakpoint 2025: Jupiter Terminal (trading terminal), Jupiter Rewards Hub, Jupiter Lend (now out of beta and fully open sourced), and Jupiter VRFD (verification layer for token authenticity protection).

Kalshi announces Jupiter as an integration partner for its $2M builder program that brings prediction market trading to applications.

The first token launch on the new launchpad platform delivers 5-7x returns for JUP stakers and public participants.

Jupiter launches a new launchpad platform with humidifi as the first project to debut on the platform.

Jupiter holds the #2 validator position on Solana network.

A public dispute or "dustup" between Jupiter Exchange and Kamino emerges within the Solana ecosystem, with commentary questioning Jupiter's approach to ecosystem relationships.

Jupiter X collaborates with Moonbirds and multiple major Solana protocols and projects.

Annualized trading volume exceeds $1 trillion as the platform scales operations.

Jupiter appoints Xiao-Xiao Zhu as new President, who spent 5 years leading Digital Asset Strategy at KKR, one of the largest private equity firms in the world.

JUPITER-USD trading pair enters full-trading mode on Coinbase Exchange and Coinbase Advanced with limit, market, and stop orders now available.

Founder Meow plans to make announcements at Breakpoint conference.

Jupiter climbs from #18 to #15 in DeFi TVL rankings between December 2024 and December 2025, gaining meaningful market share among Solana protocols. WET launches ICO for a second time on Jupiter's platform.

WET token reaches $325M valuation, up from previously reported $250M, delivering 6.5x returns to JUP stakers.

Founder Meow took a 2-month break from social media, publicly admits JUP token underperformance and takes responsibility for confusing governance, and announces strategic reset focused on clearer token narrative and healthier loops between users, evangelists and investors.

$WET token secures Binance contracts listing following its launch as Jupiter's first DTF project, trading at $250M FDV with 6x returns for presale participants who entered at $50M valuation.

$WET token currently trades at $250M FDV with 4-5x returns for presale investors who bought at $50M FDV, marking first DTF launch as success despite initial technical issues.

Platform achieves largest TVL on Solana and ranks as second largest validator on the network.

JUPITER-USD trading pair goes live on Coinbase Exchange and Coinbase Advanced following completion of auction and limit-only phases, with full trading functionality now active on Coinbase.com and Coinbase app.

Kamino updated smart contracts on December 2 to block Jupiter's program, which Jupiter characterized as against open-finance principles. (ID: 1998499284774236224)

$WET token lists as the first incubation from Jupiter launchpad at 35-40m market cap.

Founder "meow" publicly acknowledges operational failures including technical issues with DTF platform's two public phase sales (delayed second sale and botter problems on HumidiFi sale) and commits to increased social presence after being absent. Team currently develops new initiatives Studio and JupNet, with upcoming announcements expected at Catlampurr event.

Jupiter burned 3.13B $JUP tokens in 2025, including a 3B token burn in January and ongoing burns that reduced total supply to approximately 3.14B tokens.

Coinbase announces Jupiter spot listing beginning December 9 at or after 9AM PT, subject to liquidity conditions being met in supported regions.

Platform handles ~95% of Solana's swap volume with $2B+ TVL and $1T+ cumulative volume, and Robinhood uses the protocol.

COO Kash Dhanda admits Jupiter Lend's "zero risk of contagion" claim was inaccurate following criticism from Kamino and other Solana lending builders about rehypothecation risks; team deleted original posts and plans clearer documentation after Breakpoint.

Base DEX AerodromeFi claims to deliver optimal execution for SOL trades, at times better than Jupiter on Solana itself.

Jupiter representative italoacasas participates as panelist at Helium House Abu Dhabi event on December 10 at Café del Mar, one day before the Solana Breakpoint conference.

Project 0 plans to integrate Jupiter and Drift protocols.

New JUPITER-USD trading pair goes live on December 9, 2025, starting at 9AM PT or later if liquidity conditions are met.

Jupiter presents at Solana Breakpoint conference on December 11 at 12:03pm during institutional day 1 session in Abu Dhabi.

Jupiter completes burn of approximately 130M JUP tokens following community vote and launches "JUP Fresh Start" governance restructuring to reduce DAO scope and simplify community structure. JupNet v0 runtime with omnichain functions completes internal testing rounds, protocol achieves TVL leader position on Solana and becomes 2nd largest validator, and upcoming Jupuary airdrop parameters adjusted to reduce initial release and increase holding alignment.

Bot farm bought out full supply of $WET in previous Jupiter DTF sale; rescheduled Dec 8 sale will compensate JUP stakers and Wetlist members with proportional airdrop under new smart contract.

Jupiter launches ICO platform as a new product offering.

JUP token reaches all-time low of $0.22 since launch. Protocol generated $12.02M in holder revenue over the last 30 days, ranking 4th behind Hyperliquid, Pump.fun, and Tron.

Fluid protocol's co-founder confirms vaults are not fully isolated and rehypothecate collateral into looped positions including JupSOL, exposing users to full asset risk.

Jupiter team member Kash Dhanda issues official clarification after community pushback, acknowledging that Jupiter Lend messaging claiming "zero risk of contagion because of isolated vaults" was inaccurate and corrects it to "very limited risk of contagion."

Jupiter Lend rapidly gains TVL despite ongoing controversy with Kamino blocking and risk disclosure criticism.

Jupiter deletes tweets and videos after criticism about misleading risk disclosures in Jupiter Lend, while Fluid co-founder acknowledges vaults use rehypothecation and are "not completely isolated." Jupiter has not responded to requests for clarification on the controversy.

Jupiter announces Jupnet, a new product designed to work across millions of chains. Jupiter Lend faces criticism for misrepresenting risk as isolated when it is not, and for including PST commercial debt assets in its platform.

Kamino blocks users from accessing Jupiter Lend, sparking controversy in Solana DeFi over competitive practices.