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On this page
  • Jupiter Swap
  • How Jupiter Works
  • Jupiter Tokenomics
  • Jupiter's Impact on Solana
  1. Getting Started with Solana
  2. DeFi
  3. Applications

Jup

PreviousApplicationsNextKamino

Last updated 1 year ago

Website:

Airdrop: Already released

The perpetual exchange on Solana offered by Jupiter Station provides up to 100x leverage, ensuring zero price impact, slippage, and deep liquidity by utilizing LP pool liquidity and oracles. Users can open and close positions in one step without the need for additional accounts. The platform integrates with Jupiter Swap, allowing any Solana token for position opening. Additionally, the LP pool provides liquidity to the Solana ecosystem.

Jupiter Swap

Jupiter Swap offers features like setting price limits, dollar-cost averaging, and asset transfers on Solana. It optimizes trades by connecting all DEX markets and AMM pools to find the best-priced routes between tokens. The platform automatically lists new tokens and markets, enabling users to swap in a single transaction.

How Jupiter Works

Jupiter employs smart routing to find the best-priced trades across various DEXes on Solana. It utilizes multi-hop routes and trade splitting to optimize trade sizes and prices. The platform automatically lists new tokens and markets, ensuring users can trade new assets as they launch on Solana. Users can swap tokens efficiently in a single transaction.

Jupiter Tokenomics

Jupiter's native token, JUP, governs the DAO and drives growth on the Solana blockchain. The tokenomics involve a total circulating supply of 1.35 billion JUP, with 50% managed by the team and 50% distributed to the community through airdrops. The team holds 20% of the supply, with vesting periods for team members. Community contributors receive tokens through airdrops and grants.

Jupiter's Impact on Solana

Jupiter has become a vital liquidity infrastructure for Solana, facilitating over $16 billion in trading volume across 15 integrated DEXs. The platform collaborates closely with the community to enhance user experience and provide optimal liquidity flow. Future plans include supporting direct staking/minting routes, expanding use cases, and strengthening connections with external platforms. By integrating innovative features like perpetual exchanges, efficient token swaps, and robust tokenomics, Jup.Ag plays a significant role in enhancing liquidity provision and trading experiences on the Solana blockchain ecosystem.

Sources

💸
https://jup.ag/
https://station.jup.ag/labs/perpetual-exchange/overview
https://station.jup.ag/docs/legacy/how-does-jupiter-work
https://blockworks.co/news/jupiter-airdrop-tokenomics