About
Jupiter is the primary liquidity aggregator and "DeFi Superapp" for the Solana blockchain, acting as the critical routing layer for nearly all on-chain trading activity. Founded by the pseudonymous developer Meow, the platform was built to solve the problem of fragmented liquidity across dozens of decentralized exchanges (DEXs) like Raydium and Orca. By scanning every available market in real-time, Jupiter ensures that users receive the best possible price for their token swaps, often splitting a single trade across multiple venues to minimize slippage.
Beyond simple swaps, Jupiter has evolved into a comprehensive financial hub. Its product suite includes Jupiter Perps for decentralized perpetual futures trading, a DCA (Dollar Cost Averaging) tool, and Limit Orders. In early 2026, the ecosystem significantly expanded with the launch of JupUSD, a native stablecoin partially backed by institutional assets like BlackRock’s BUIDL, and Jupiter Lend, a specialized money market. These additions are part of the team's broader "G.E.R." (Grow the Ecosystem, Reach the Masses) initiative, aimed at making decentralized platforms as user-friendly as their centralized counterparts.
The JUP token is a governance asset that empowers the Jupiter DAO, one of the most active decentralized communities in crypto. Holders who stake their JUP and participate in governance votes earn Active Staking Rewards (ASR), which are distributed quarterly. This model aligns long-term holders with the success of the platform's "LFG Launchpad," where the community votes on which new Solana projects receive official support and liquidity.
In a landmark move for the protocol's tokenomics, the community approved a massive 30% supply reduction (burning 3 billion JUP) in late 2025. This was designed to decrease the fully diluted valuation and reward long-term believers. As of 2026, the project continues its "Jupuary" tradition, an annual month of community celebrations and airdrop distributions further solidifying its role as the heartbeat of the Solana DeFi ecosystem.
