Key Points
- Jupiter set to distribute 700 million JUP tokens worth $616 million in its highly anticipated “Jupuary” airdrop.
- Eligibility checker launched for users to verify their reward status.
- Distribution targets users, stakers, and key community contributors with tiered allocations.
Solana-Based Jupiter to Reward Users with 700 Million JUP Tokens
Today marks a significant event for the Jupiter community as the Solana-based decentralized exchange aggregator begins its “Jupuary” airdrop. A total of 700 million JUP tokens, valued at $616 million, will be distributed to eligible users and key contributors.
This comes after Jupiter launched an eligibility checker last week, enabling users to verify their qualification before claiming rewards.
Airdrop Breakdown: Who Gets What?
Jupiter’s airdrop strategy focuses on rewarding active participants and community contributors, divided into two primary groups:
- Users and Stakers:
- 425 Million JUP Tokens: Allocated to users who have performed token swaps on Jupiter, distributed according to trading volume tiers.
- 75 Million JUP Tokens: Reserved for stakers, with additional bonuses for those who actively participated in governance voting.
- Community Contributors (“Carrots and Good Cats”):
- Recognized for their significant contributions to Jupiter’s ecosystem.
Annual Airdrops Through 2027
This isn’t the first time Jupiter has given back to its community. The platform’s inaugural airdrop in 2024 distributed nearly 1 billion JUP tokens. Jupiter has committed to hosting similar events each January through 2027, making the “Jupuary” airdrop an annual tradition.
Tokenomics and Market Insights
Jupiter’s tokenomics reveal a circulating supply of 1.68 billion tokens out of a maximum cap of 10 billion. With a market capitalization of $1.48 billion, JUP currently trades at $0.88—up 33% since its initial rollout in January 2024.
Table: Key Jupiter Token Insights
| Metric | Value |
|---|---|
| Total Supply | 10 Billion JUP |
| Circulating Supply | 1.68 Billion JUP |
| Market Cap | $1.48 Billion |
| Current Price | $0.88 |
| Price Change (Since Jan 2024) | +33% |
| Next Airdrop Plan | January 2026 |
About Jupiter
Launched in October 2021 by its pseudonymous founder “Meow,” Jupiter aggregates liquidity from multiple decentralized exchanges on Solana. The platform also features a perpetuals trading product, cementing its position as a leading innovator in the decentralized finance (DeFi) ecosystem.
Stay tuned for updates as the airdrop unfolds, rewarding Jupiter’s active and loyal community.
