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.
Jupiter distributed jupUSD rewards, built Solana RPC 2.0, and jupUSD reached $1.46B volume.
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Distributed $50,000 in jupUSD rewards through card packs, with each pack earned by trading $2,000 volume of PreStocks tokens in Ultra Mode and containing rewards ranging from $1 to $10,000.
Collaborated with Triton One, Helius, Anza, and Solana Foundation to build RPC 2.0, a new purpose-built read layer for Solana.
JupUSD's Earn vault on Jupiter Lend reached $100M in total deposits.
JupUSD surpassed $1 billion in cumulative volume, reaching $1.46B in total volume since launch.
JupUSD sits at 79.7M total supply with 6,310 holders.
Season 2 of Jupiter TCG concluded with $2M worth of JupUSD in prizes distributed.
Integrated JupUSD into Jupiter Prediction Market.
Achieved $1.2 trillion in cumulative trading volume and 44 million connected wallets.
Eliminated all token emissions (reduced to 0%) and now experiments with buybacks while providing revenue to token holders.
Finalized DAO vote reduces 2026 airdrop by approximately 71% from 700M to 200M JUP, delays distribution to May 2026, and increases allocation weight to long-term stakers.
Integrated JUICED token with Loopscale's Deposit-Backed Lending feature, enabling Jupiter lending positions as collateral.
Listed by Grayscale in its Q2 2026 Assets Under Consideration list.
Integrated Jupiter Lend into Project 0, covering 98% of Solana lending TVL across 8 isolated markets, including JupUSD markets.
Offers pre-IPO markets for stocks including Anthropic, SpaceX, and Anduril on its DEX platform
Processed $890M in trading volume through Jupiter Mobile in March 2026.
Generates approximately $1.5M per month in perps revenue, with 75% of fees flowing to liquidity providers rather than the protocol.
Generated $1,084,076 in revenue during the week of March 30 to April 5, 2026, ranking fourth among Solana applications.
Featured in a podcast discussion about partnerships alongside other crypto projects including Ethena, Sumsub, Trezor, Bitwise, and Sui Network, in the context of Bitget's business operations.
Reached #1 TVL among Solana protocols during the week ending April 11, 2026.
Completed an audit for Jupiter indexing functionality.
Suspended cashback and referral rewards on QR payments in the Philippines, Singapore, and Vietnam due to irregular activity, from a Jupiter Global program offering guaranteed 10% cashback (paid in USD) up to $1,000 monthly to Superteam members.
Launched Express Verification API, enabling DEXs, launchpads, and AI agents to integrate instant token verification directly into user flows.
Integrated into MyAgnt platform to enable Solana token swaps alongside SPL token sending functionality.
Completed a Soulbound Token (SBT) collaboration mint with PudgyPenguin that resulted in over 50,000 users claiming the SBT.
Increased JLP maximum leverage from 10x to 15x, earning 20.7% net APY, and added JLP/JupUSD multiply vault on Jupiter Lend with higher Max APY than USDC counterpart.
Reached $609,940,000 in borrowed amounts over a 30-day period ending around April 6, 2026.
Generated $1.4 trillion in DEX aggregator volume and holds over 90% market share excluding OKX, DFlow, and Titan. Reached 82% market share among Solana DEX aggregators in March 2026, the lowest level since November 2025.
Prediction spot volume is increasing.
Ranked third among Solana ecosystem projects by development activity in Santiment's monthly ranking, rising from a lower position compared to the previous month.
Integrated with EitherwayAI for its app-building platform infrastructure.
Receives AMM adapter submission from PigeonHouse launchpad for 77 pools with 4 quote assets, pending audit completion before integration.
Exploited for $280-285M on April 1, 2026, from main vault via social-engineering attack compromising a 2/5 multisig and Solana's durable nonces; deposits and withdrawals remain paused as of April 2, 2026. Details security framework for Lend featuring multisig controls, timelocks, and circuit breakers.
Experienced a decline of 92% from its all-time high token price as of April 2026.
Participates in SoFi's $20B business banking launch on Solana alongside Mastercard, pursuing additional traditional finance deals coming onchain.
Added SUI as a tradable asset on the platform after it was bridged to Solana via Sunrise DeFi.
Added JUP/EUR margin trading pair on Kraken Pro.
Plans to implement return of SOL from unused balance.
Server infrastructure upgrades are planned.
Generated $725,164 in revenue during the week of March 23-29, 2026, ranking 4th among Solana applications.
Acquired RainFi, which is now building on Jup Offerbook as part of the Jupiter team.
RainFi airdrop went live on March 30, 2026, with allocation payments made in JUICED token.
Integrated AI tools into Claw Pump Tech's AI terminal tool, HeyAnon's ModelContextProtocol (MCP) for agent interactions with Jupiter Exchange and Solana swaps, and contributed to Solana Foundation's Agent Skills initiative.
Listed on a Malaysian local exchange.
Partnered with GSR for market-making or trading services.
Appeared at the New York Stock Exchange where Jupiter Global's mission to connect crypto to the real world was explained.
Integrated HoudiniSwap for privacy transfers, coming soon.
Generated $9.9M in revenue over the 30-day period ending March 25, 2026.
Described as a frontend for mass adoption in a broader opinion piece listing positive attributes of various crypto projects.
Processed over 100 billion API requests in the past year through the Jupiter Developer Platform.
Appointed Xiao-Xiao Zhu, former digital assets lead at KKR, as President.
Bootstrapped without external funding, generated $404 million in protocol revenue.
Integrated with Nansen for native staking vaults as collateral on Jupiter Lend and its DCA tracker skill for Smart Money wallets accumulating Solana tokens.
Unlocks 53.47 million JUP ($8.15 million, 1.55% of circulating supply) on March 28, 2026, launching Active Staking Rewards with 50 million JUP distributed to users averaging 50+ JUP staked.
Integrates wallet handoff layer for prepared routes via Phantom, Solflare, and wallet-adapter; enhances ticker interaction, enabling swaps/sends from extension clicks and displaying charts/swap buttons on external sites via Desktop Wallet.
Launched Jupiter Academy, a gamified educational platform offering free lessons, quizzes, XP rewards, and ranking system covering Jupiter's products including swaps, perpetuals, prediction markets, lending, and portfolio features.
Launched and scaled a liquid staking token (LST) with Sanctum's Infinity platform since early 2024.
Introduced a CLI for MoonPay Agents to interact across spot, perpetuals, lending, and predictions markets, integrated via MoonPay's GitHub repository.
Received investment from KKR.
Formed partnership with KAST.
Formed partnership with Sumsub.
Formed partnership with Trezor.
Formed partnership with Bitwise.
Listed DIME token on March 18, 2026, bridged to Solana by Paradex.
Generated $38M in DEX revenue over the past 30 days and is identified as the leading DEX on Solana.
Reached $24 million in monthly tokenized equity trading volume in January 2026, growing from zero six months prior.
Integrated Auto Earn and JupUSD deposits to Jup Lend for T-Bill yield on Wallet via Starkzap v2 on Solana.
Exploit withdrew 41.7M JLP tokens ($100M) from Drift Protocol's vault on 2026-04-01 via admin key compromise. Paused P0 program operations affecting over 100,000 users, with a maximum 2% markdown expected for the unified pool. JLP remains safe, fully backed.
Launched Offerbook, a permissionless, oracle-free, fixed-term P2P lending money market on Solana, supporting all assets as collateral with no price-based liquidations, live for a 90-minute period starting 2026-04-08.
Hosts recurring community call on 2026-03-18, sharing ecosystem updates and discussing product progress with the community.
Reached $80M in buybacks, building mechanical demand post-launch.
Partnered with Backpack exchange, with founder Armani Ferrante featured on CoinGecko podcast discussing FTX collapse impact, Solana ecosystem, and Backpack's regulated exchange.
Launched Rewards Hub with a 7-day referral program (2026-03-31 to 2026-04-06) offering $50 USDC per referral, $200 USDC for new users ($100/$1,000 qualified spending), 2x referral rewards, and increased global cashback to 4% on qualifying transactions.
Integrates xStocksFi for 70 tokenized equities with market hours and weekend onchain liquidity, and launched pre-IPO trading with limit orders on PreStocks on Solana.
Maintains zero emissions, implementing ASR, Offerbook, Lend, and prediction markets.
Launched jup_predict prediction markets for BTC, ETH, SOL (5-minute, 15-minute), integrated Chainlink across 26 integrations including Solana, and plans to add volume estimator feature without login.
Became the Title Sponsor of Triton Poker Super High Roller Series.
Offers claimable Pudgy Penguins SBT on Jupiter Mobile, Solana, for users who swapped between September 27, 2025 and March 20th, 2026; claim deadline April 3rd, 2026.
Partnered with Sui Network
Operates a cross-venue margin engine for rate, carry, and basis trades between Kamino, P0-native, and Jupiter Lend. Reached $1.7B total supply, $515M USDC vault TVL, $104M JupUSD vault TVL, with Jupiter Lend surpassing $100M in deposits and offering 3-5% APY on stablecoins via perps.
Mentioned as one of three participants (alongside Titan and Dflow) competing to fill limit orders on FlashTrade's zero-fee limit order feature powered by Manifest Trade.
Secured $27B in total value through Chaos Labs risk management services as of February 2026.
Launched JupUSD stablecoin with a yield-returning mechanism, reaching $721M total volume.
Achieved $61.6M deposited into Jupiter Lend Earn Vaults.
Increased jupUSD total supply by 27.4% over the past month, reaching $67M, 100% backed by 82% USDtb and 18% USDC.
Launches Season 2 TCG with $2M JupUSD rewards and loot boxes ($1-$10,000); airdrop claim period for these Paradex partnership rewards ends 2026-04-02. Runs $50,000 DIME trading competition sponsored by Paradex (March 18-22, 2026) requiring $100 DIME volume.
Reached record tokenized gold trading volume of 25.5 million tokens on Solana on February 28, 2026, exceeding the previous November 2, 2025 record of 6.6 million tokens by 290%.
integrated with Fluid protocol to reach more users
Generated $8.5B in spot volume over the 7-day period ending 2026-03-09, representing 84% of total DEX aggregator volume on Solana.
JUP-JITOSOL liquidity pool on Kamino (Solana) has TVL of $339,409 with 20.72% APR.
Kalshi is exploring tokenization on Solana with Jupiter and DFlow.
Supports routing for 1.1 million tradable tokens on Solana.
Launched Telegram trading bot, closes early registration 2026-03-04, offering 0% platform fees for 1 month to early registrants, with promotion ending 2026-03-05.
Processed $1 trillion in total volume on Solana in 2025.
Reached $480B in perpetual futures trading volume.
Lend product reached $1.7 billion in Total Supply, becoming the fastest-growing platform in Solana history.
Burned 30% of the total JUP supply at Catstanbul event in 2025.
Integrated as backend for Robinhood, Coinbase, Uniswap, MetaMask, SushiSwap, Trust Wallet, and Jupiter during 2025.
Launched JupGlobal, an onchain QR payment solution with zero fees, as one of 10 product lines for 2025.
Mobile installs grew by nearly 300% during 2025.
Launched Jupiter Card, a Visa-integrated virtual card (Visa Infinite and Platinum tiers) built into Jupiter Mobile, partnered with Noah for regulated neobank capabilities, funded by USDC with 1-1.8% FX fees.