jupiter05
$jup
MCAP524.71M
-3.25%

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 underwent launch vertical leadership change, integrated Orca AutoSwap, and Huma Finance for volume growth.

contract

solana

unichain

13H ago
ONCHAIN METRICS

Reached 133,000 daily active wallet addresses as of 2026-02-15.

1D ago
TOKEN ECONOMICS

Has over 800 million JUP staked, an increase from 360 million JUP staked during the original Jupuary vote.

TOKEN ECONOMICS

Emits approximately 650 million JUP tokens annually to team members and core contributors during 2026.

TOKEN ECONOMICS

Allocated 200 million JUP tokens for the ASR (Active Staking Rewards) program in 2026.

TOKEN ECONOMICS

Distributed 1.7 billion JUP tokens through previous Jupuary airdrops.

TOKEN ECONOMICS

Proposes to distribute 700 million JUP tokens through Jupuary airdrop and incentives in 2026.

TOKEN ECONOMICS

Repurchased 25 million JUP tokens in January 2026 through the Litterbox Trust.

TOKEN ECONOMICS

Allocated approximately half of total token supply to the DAO at TGE.

TOKEN ECONOMICS

Emits approximately 174 million JUP tokens annually to Mercurial (MER) investors during 2026.

TOKEN ECONOMICS

takes a 10% reserve factor on Jupiter Lend, which is up to 50% lower than other major Solana lending protocols

TOKEN ECONOMICS

charges zero fees on flash loans despite processing over $6.5B in flash loan volume through Jupiter Lend

2D ago
PARTNERSHIP

Integrated with Umbra Privacy protocol to enable private swaps through encrypted balances on Solana, allowing users to swap from encrypted balances through temporary addresses without exposing privacy.

MARKET ACTIVITY

Added Phettagotchi to the platform.

TOKEN ECONOMICS

Scheduled governance vote February 17-21, 2026, proposes to eliminate future token emissions or continue Jupuary airdrops, with net zero emissions for 2026 by offsetting sales with open-market buybacks.

TOKEN ECONOMICS

Pauses Team Reserve emissions indefinitely, resulting in net emissions to zero. Buys tokens directly, strengthening JUP reserves.

TOKEN ECONOMICS

Proposes indefinite postponement of Jupuary airdrop program as part of emissions reduction measures.

TOKEN ECONOMICS

Proposes accelerating and offsetting Mercurial vesting to reduce net emissions, plans to backstop MER stakeholder emissions from team balance sheet as part of tokenomics restructuring.

ONCHAIN METRICS

Captured approximately 60% of all revenue in the perpetual exchange ecosystem at peak.

ONCHAIN METRICS

Perpetual market volume declined from 10% at peak to below 1% by February 2026, currently accounts for 4% of daily trade volume.

ONCHAIN METRICS

Ranks as the second highest earning perpetual protocol by revenue, with fees distributed to JLP holders.

VISIBILITY EVENT

Hosted a JUP Rally event on February 13, 2026 at 3:30pm UTC on YouTube and X to discuss plans for JUP, recap announcements from CatLumpurr, and preview upcoming developments.

OPINION SPECULATION

Community expresses concern over a "missing airdrop" and JUP token decline.

FINANCIAL EVENT

Generated approximately $25 million in revenue over the last three years from its perpetuals ecosystem.

3D ago
TECH EVENT

Exited beta for Jupiter Lend on February 13, 2026, with 7 completed audits and 1 formal verification.

ONCHAIN METRICS

Lend exited beta with zero bad debt and 83,000 users.

TECH EVENT

Begins a $107,000 audit competition with Code4rena for Jupiter Lend, running for 29 days starting February 12, 2026.

FINANCIAL EVENT

Raised funding as part of a $120M combined round alongside ZBD, Flying Tulip, and Opinion in Q1 2026.

ONCHAIN METRICS

Achieved 35% market share in the Solana lending sector within 6 months of launch for Jupiter's lending product.

ONCHAIN METRICS

Reached $1 billion in total value within 8 days of launch through Jupiter's lending product (jup_lend).

4D ago
ONCHAIN METRICS

jupUSD circulating supply reached $74M.

PARTNERSHIP

Integrated with the Timmy Agent Trading API for autonomous agent trading infrastructure, which executes swaps on Solana mainnet and includes cross-AMM arbitrage detection alongside Meteora, Raydium, and Pump.fun.

TECH EVENT

Launched Jupiter Academy, a gamified DeFi education platform featuring lesson plans, guided onchain actions, and XP rewards covering all Jupiter products.

5D ago
ONCHAIN METRICS

Offers 6.15% APY lending for JupUSD holders.

6D ago
ONCHAIN METRICS

Achieved six consecutive weeks of revenue growth.

ONCHAIN METRICS

Achieved a 2% increase in TVL over a 7-day period, ranking among the top 10 TVL gainers.

ONCHAIN METRICS

Ranks 5th among all crypto entities by 7-day fee generation as of February 9, 2026, and second most days in total fees collected.

WHALE ACTIVITY

Experienced massive selling pressure from whales, contributing to a price decrease of over 20% in the 7 days ending February 9, 2026.

PARTNERSHIP

Integrated with SushiSwap on Solana via Ultra API, launching February 9, 2026.

1W ago
WHALE ACTIVITY

Experienced $49.8M in whale inflows over a 24-hour period.

TEAM UPDATE

Transferred leadership of the launch vertical from wassielawyer to bitcnoi, with support from SatchelZouki, as announced at CL (Catstanbul).

PARTNERSHIP

Integrated with Orca's upgraded AutoSwap feature as one of the aggregators that can execute swaps before LP deposits, alongside Dflow, Titan Exchange, OKX, and Orca.

PARTNERSHIP

Integrated with Huma Finance, achieving $3B to $10B transaction volume growth over 12 months with $132M in assets and a $15M tradfi partnership live.

TECH EVENT

Launched JUPUSD via Ethena Whitelabel on Solana, returns treasury yield.

FINANCIAL EVENT

Secured $35M strategic investment from ParaFi Capital to accelerate onchain financial infrastructure.

2W ago
TECH EVENT

Released Beethoven Universal CPI Interface.

PARTNERSHIP

Partnered with KyberNetwork.

TECH EVENT

Expanded from DEX aggregator into 15 new product verticals during 2025.

PARTNERSHIP

Integrated Polymarket on Solana.

PARTNERSHIP

Unified Wallet Connect feature integrated by em0tionull to enable multi-wallet support.

TECH EVENT

Launched "Jupiter Global," a feature offering onchain payments with QR scan-to-pay functionality across the APAC region, virtual fiat accounts with global transfer capabilities, and a crypto card.

TECH EVENT

Established Jupiter Labs, a new division focused on early-stage product exploration and rapid development from 0→1, with initial focus on AI and privacy.

TECH EVENT

Launched Solana Ecosystem Explorer, displaying project financials (fees, revenue, TVL), social presence, user activity, products, and tokens.

TOKEN ECONOMICS

Opened ASR rewards distribution for Q4 stakers, open to all wallets until 2026-04-30, requiring seed phrase import.

TECH EVENT

Launched Jupiter Developer Platform, a unified experience for observability, monitoring, and documentation.

ONCHAIN METRICS

JLP (Jupiter Perpetuals liquidity pool) reached a market cap exceeding $1.5 billion.

ONCHAIN METRICS

Incurred zero bad debt on Jupiter Lend as of February 13, 2026.

TECH EVENT

Released JupiterZ v2 with market maker real-time quote streaming, 0% slippage execution, orderbooks, partial swaps, and tighter Iris integration for institutional-grade RFQ functionality.

TECH EVENT

Relaunched the home page and returned to beta status on January 31, 2026.

ONCHAIN METRICS

Recorded $107.25M in DEX flows for JLP token over a 24-hour period, ranking first among Solana tokens by this metric.

MARKET ACTIVITY

Increased 15% to become one of the top movers in the crypto market on January 28, 2026.

TEAM UPDATE

Paused governance for 6 months in 2025

3W ago
PARTNERSHIP

is expanding governance and market structure through BAM.

FINANCIAL EVENT

Running a $1M Trading Cards rewards program that ends on or around January 24, 2026.

OPINION SPECULATION

Team is dumping tokens mercilessly despite good product offerings according to market commentary.

PARTNERSHIP

Partnered with Kaspa (KAST) and is mentioned in a podcast discussion about Sui Network partnerships.

MARKET ACTIVITY

Listed SKR (Solana Mobile's native token) for trading on January 21, 2026.

ONCHAIN METRICS

Averaged monthly stablecoin volume of $36 billion in 2025, capturing over 90% of the market.

PARTNERSHIP

Co-founder Alon introduces Creator Fee Sharing, shifting toward market-driven incentives.

1M ago
PARTNERSHIP

Launched a new vault using Maple Finance's syrupUSDC with active incentives that reduce the effective borrow rate to approximately 2.4%.

ONCHAIN METRICS

Generated over $1 billion in user-paid fees during 2025.

MARKET ACTIVITY

New liquidity pools created on Jupiter Exchange to extend market depth for ApeCoin.

ONCHAIN METRICS

Holds $350,000+ in prediction market TVL.

ONCHAIN METRICS

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

PARTNERSHIP

integrates with SHDW to enable instant private trading for Solana tokens

ONCHAIN METRICS

Portfolio product crossed 6M unique users

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.

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.

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.

VISIBILITY EVENT

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

TOKEN ECONOMICS

Plans third airdrop called "Jupuary" scheduled for February 2026.

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.

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.

PARTNERSHIP

Partnered with Fluid for an integration or collaboration on Solana.