JUP Token

About

JUP is the governance token of the Jupiter DAO with a total supply of 10 billion tokens. Token holders vote on Jupiter protocol decisions and benefit from a buyback mechanism: since February 2025, 50% of all Jupiter platform revenue (from Ultra mode swaps, perpetuals, and other fee-generating products) is used to buy back JUP on the open market. Jupiter had multiple airdrop rounds for early users, with additional rounds planned.

95%

DEX Agg. Market Share

$3.5B

Total TVL

50+

DEXes Aggregated

100x

Max Perp Leverage

$1B

Lend TVL (8 days)

~7.5%

JupSOL APY

Features

Why Jupiter Dominates Solana

From best-price swaps to 100x perps — the full DeFi superapp stack at jup.ag.

[01]

🗳️

Governance

Vote on Jupiter product direction, fee allocation, and protocol parameters.

[02]

💰

50% Revenue Buyback

Half of all Jupiter platform fees buy back JUP on the open market since Feb 2025.

[03]

📦

10B Total Supply

Fixed total supply of 10 billion JUP — no additional minting beyond the cap.

[04]

🪂

Multiple Airdrops

Jupiter airdropped JUP to early users in 2024. Additional rounds planned for 2025-2026.

[05]

🏛️

Active DAO

Jupiter DAO is one of the most active governance communities in crypto — regular proposals and votes.

[06]

🔄

DCA into JUP

Protocol buybacks create consistent buy pressure from Jupiter\'s own products.

Guide

How to Use JUP Token

Step-by-step from wallet connection to advanced DeFi strategies.

01

Acquire JUP

Buy on any Solana DEX via Jupiter (search JUP), or on centralized exchanges that list it.

02

Check Airdrop Eligibility

If you were an early Jupiter user, check eligibility for any upcoming JUP airdrop rounds at jup.ag.

03

Vote in Governance

Connect your wallet at jup.ag/governance to see active proposals and cast votes.

04

Track Buybacks

Jupiter publishes buyback data — monitor to see protocol revenue translating into JUP market purchases.

05

Consider DCA

For long-term JUP exposure, the DCA feature on Jupiter is the most elegant way to accumulate.

FAQ

Questions About JUP Token

What is the JUP token used for?

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JUP has two primary uses: governance voting (influence Jupiter protocol decisions) and indirectly benefiting from the 50% revenue buyback program that creates sustained buy pressure on JUP.

When did Jupiter airdrop JUP?

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Jupiter\'s first major JUP airdrop occurred in January-February 2024 to early Jupiter users. The Jupiter DAO announced plans for additional airdrop rounds in 2025 and 2026. Activity on Jupiter platforms improves eligibility.

What is the JUP buyback program?

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Since February 17, 2025, 50% of Jupiter\'s platform fees (from Ultra swaps, perps, and other fee-generating products) are used to buy JUP on the open market. This creates protocol-funded buy pressure proportional to Jupiter\'s revenue.

What is JUP\'s total supply?

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JUP has a fixed total supply of 10 billion tokens. The initial circulating supply was a subset of this — with tokens allocated to team, investors, and ecosystem over vesting schedules.

Is JUP a good investment?

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This is not investment advice. JUP has real utility through governance and the buyback mechanism. However, it has underperformed relative to Jupiter\'s protocol growth metrics. Evaluate the vesting schedule, team allocation, and lock-up periods before investing.

Reviews

Trader Reactions

JUP Holder

★★★★☆

"The 50% buyback is meaningful and the DAO is genuinely active. My concern is the team allocation concentration and early investor vesting — significant supply overhangs. Wait for those to clear before accumulating heavily."

Governance Participant

★★★★★

"Jupiter DAO is one of the best governance experiences in DeFi. Proposals are substantive, discussions are thoughtful, and vote turnout is high. JUP governance is worth participating in regardless of price."

Airdrop Recipient