Jupiter (JUP)

From CryptoWiki

Solana decentralized exchange (DEX) aggregator

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Notable Governance Votes

Treasury

Token

Launch

2-2024 it launched the largest SOL airdrop so far, serving up 1 billion total JUP tokens to claim—over $700 million worth at the peak price at that time.

Token Allocation

"Viral tweets have painted the airdrop as a token sale by Jupiter’s founders—an ICO in disguise. That's because of a 250 million JUP launch liquidity pool established by the team using tokens pulled from the team's half of the 10 billion JUP supply.

With Adam Cochran stating:

"So -gave 50% of token to themselves, it was not their first token -Used their own platform which also paid self -Pulled liquidity from the pool in cash -Gave a cut to the dev team So cash out $30m day one with no lockup, and still own 50%?"

The markets did not seem to care as a month later the JUP price trippled.

Inflation

Utility

Burns

Other Details

Coin Distribution

Technology

Transaction Details

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Acquired both SolanaFM and Coinhall (20-9-2024).

Roadmap

  • Can be found [Insert link here].

Revenue

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31