JUPITER

About Jupiter

Jupiter is Solana's primary liquidity aggregator and DeFi infrastructure layer. When any token is swapped on Solana , whether through Phantom wallet, a dApp, or Jupiter directly , roughly 70% of all retail liquidity flows through Jupiter's routing engine. It aggregates liquidity from Raydium, Orca, Meteora, Lifinity, and every major Solana DEX to find the optimal path for each trade.

Founded by the pseudonymous Meow, Jupiter expanded from pure aggregation into perpetual futures, limit orders, and the APE memecoin trading app. By November 2024, it had processed $93 billion in spot trading volume. The JUP token launched in January 2024 through one of the largest airdrops in Solana's history, and the team committed to annual Jupuary airdrop events to continuously reward the community.

Jupiter kept it simple and community-first. The largest share at 44.29% is reserved entirely for Jupuary airdrops, distributed across annual rounds to reward active platform users , an unusually high commitment to ongoing community distribution. The team holds 20% with a one-year cliff and two-year vest, ensuring long-term alignment. The 19.04% strategic reserve is locked for a minimum of one year and requires six months advance notice before any liquidity event, giving the community full visibility. Mercurial stakeholders received 5% recognising the protocol's roots in the Solana ecosystem. With no VC funding and no investor allocation anywhere in the distribution, Jupiter is one of the only major DeFi protocols at scale to have kept 100% of token ownership between the team and its community.