Jupiter is a key decentralized exchange (DEX) and liquidity aggregator for Solana, offering the widest range of tokens and best route discovery between any token pair. The platform directly connects all decentralized exchanges (DEX) and automated market maker (AMM) pools on Solana, irrespective of the provider. As a result, Jupiter can identify both direct and multi-hop routes between any token pair, ensuring comprehensive market coverage. Jupiter can even split your trade into smaller trade sizes to find the most economically optimized trading route. Additionally, the platform automatically lists tokens once they reach a specified liquidity threshold, enhancing accessibility within the Solana DeFi ecosystem. In essence, Jupiter provides the most friendly UX for traders and grants them access to the best-in-class DeFi services within Solana.
Jupiter, as Solana's top liquidity aggregator, has five high-usage capabilities as of now.
Jupiter (JUP) lives on the Solana blockchain. Conveniently, Bitget Wallet supports all kinds of Sonala DApps, including those in the fields of DeFi, NFT, GameFi, Bridge, Exchange, Mine, Tools, Social, and Loan. All the latest and most popular Solana projects, including Jupiter, Orca, and Magic Eden, are listed in the Bitget Wallet DApp section. You can now swap Jupiter (JUP) using any Solana DEX that is listed on Bitget Wallet!
Visit the Bitget DApp browserYes, Jupiter is a decentralized exchange (DEX) based on the Solana ecosystem. Building the ultimate CEX replacement, Jupiter aims to provide the single liquidity endpoint and swap infrastructure to help the Solana ecosystem scale exponentially.
On January 31, 2024, Jupiter is going to airdrop JUP tokens to nearly 1 million wallets that interacted with its platform before November 2, 2023. Airdrop rewards are typically a function of user activity. Hence, to be eligible for potential future JUP airdrops, make sure you engage in more trading activities on Jupiter.
JUP's total supply is 10 billion, 50% of which will be managed by the team and 50% of which will be distributed to the community. There is no token sale. Among the community's 50%, 10% will go to community contributors and grants and 40% will be distributed via 4 airdrops. Among the team's 50%, 10% will be used for liquidity provision in the first year, 20% will go out to the current team and start vesting after 1 year for 2 years; lastly, the remaining 20% will be the strategic reserve, used for future team members, future strategic investors, and past Mercurial stakeholders.
At the moment, it is challenging to predict how much the Jupiter (JUP) token will be worth, as the token has not yet been released, so there is no trading data or price history to make informed predictions. However, JUP's launch is scheduled for January 31, 2024 at 10am EST via this launch site. The value of the token will depend on various factors, including the demand and supply for the token, the popularity of Jupiter the DEX, as well as broader market conditions. While its potential value is unknown, JUP's upcoming release date gives a timeframe for when more information will become available to gauge the token's value.
To transfer Jupiter (JUP) from your Jupiter Wallet to other crypto wallets or exchanges, simply: 1. Go to the Bitget Wallet homepage and select "Send". 2. Select Solana network and find JUP. 3. Input the recipient's address and the amount, and confirm the transaction. Remember, it's crucial to double-check the address and confirm network compatibility before completing the transfer process.