Jupiter (JUP) Price

Finding the best route for a swap

Jupiter launched on Solana in 2021, founded by a team led by the pseudonymous developers Meow and Siong. Solana hosts many decentralised exchanges and liquidity pools, and prices for the same pair can differ between them. Jupiter's aggregator checks these venues and can split an order across several routes so the trader receives as much of the output token as possible.

It has since grown into a wider trading hub with limit orders, recurring purchase orders, perpetual futures and a token launch platform, and many Solana wallets and apps use its routing behind the scenes.

The JUP airdrop and supply cut

JUP was introduced in January 2024 through one of the largest airdrops on Solana, distributed to wallets that had used Jupiter. It is the governance token of the Jupiter DAO, whose members vote on proposals such as budgets for community work groups and future distributions. Further community airdrops, informally known as Jupuary, have been held subject to DAO approval.

The original total supply was 10 billion JUP. In 2024 the DAO voted to cut that by three billion, and the reduction was carried out in early 2025, leaving a total supply of seven billion. A large portion is still held by the team and community reserves and is released over time.

Watching JUP

Because Jupiter handles a large share of swap volume on Solana, interest in JUP tends to rise and fall with Solana trading activity, including memecoin cycles. Scheduled unlocks, decisions about further airdrops and changes in how platform revenue is used are frequently discussed by traders.

JUP is also exposed to risks specific to Solana, such as network congestion or outages. Users of the platform itself typically set a slippage tolerance before swapping, as fast-moving pools can fill orders at worse prices than quoted.

Frequently asked questions