Ledger / $JUP
Jupiter
$JUPJUPy…DvCN
Governance token of Jupiter, a large live Solana DeFi platform; products verified, governance not shown
79618 karat
Mostly does what it says.
JUP claims to be the governance token for Jupiter's swaps, perps, lending and staking. DefiLlama tracks these products with $2.4B locked and $17M in fees over 30 days, and the site shows a working swap with limit and DCA tabs. The mint and freeze authorities are revoked and holdings are spread out, with the top ten wallets holding 8.2%. Holder voting, the token's core role, isn't shown because the vote page loaded empty.
8 claims tested
- 1
Holders vote on Jupiter governance decisions
Core claim:
JUP is the official governance token for Jupiter.
vote.jup.ag only loaded as an empty shell titled 'Vote | Jupiter', with no proposals or voting options visible. The evidence shows nothing about holders voting either way.
Unproven - 2
Swap aggregator that finds the best price route across Solana liquidity sources
Core claim:
Jupiter finds the best price route for your swap by aggregating all the major liquidity sources on Solana.
jup.ag shows a working swap interface with token pickers and Ultra routing, and DefiLlama tracks Jupiter Aggregator as a live DEX aggregator.
Verified - 3
Perpetual futures trading with up to 250x leverage
Feature:
Trade up to 250x Leverage with Jupiter Perps
DefiLlama tracks Jupiter Perpetual Exchange with $760M locked and $7.6M in fees over 30 days, so perps are live. The 250x leverage limit itself wasn't independently checked.
Verified - 4
Lend vaults that earn yield on deposited assets
Feature:
Earn Yield Simply with Jupiter Lend Vaults
DefiLlama tracks Jupiter Lend with $1.1B locked and $4.4M in fees over 30 days, so the lending product is live and used.
Verified - 5
Native and liquid staking of SOL through a Jupiter validator (JupSOL)
Feature:
Earn staking rewards with our high-performance validator, and stay liquid with JupSOL.
The stake page offers Native and JupSOL options, and DefiLlama tracks Jupiter Staked SOL with $570M locked and $2.2M in fees over 30 days.
Verified - 6
Limit orders that execute swaps at a set price
Detail:
a bridge for asset transfers to Solana, limit orders, dollar-cost averaging
The swap interface has a Limit tab, and the support hub documents limit order execution and failures.
Verified - 7
Dollar-cost averaging recurring orders to buy tokens over time
Detail:
offering features such as token swapping, limit orders, dollar-cost averaging
The swap interface has a DCA tab, and the support hub documents recurring orders that retry at scheduled intervals.
Verified - 8
Open-source Metis routing binary for swapping on Solana through the Jupiter program
Detail:
This binary offers the Metis routing algorithm for people to swap on Solana using the Jupiter program.
The jup-ag/metis-binary repo exists, predates the coin and is not a fork. But it is mostly a Dockerfile with 11 commits, so the routing code itself isn't shown as open source.
Partly
What would raise the grade
- Show readable governance proposals with JUP vote tallies on vote.jup.ag
- Link the on-chain governance program and its vote records
- Publish the Metis routing source code, not just a binary wrapper
Evidence read
Everything the marks rest on, as Assay found it on 21 Oct 2026, 17:16 UTC.
pump.fun's recordpump.fun
Not launched on a launchpad (created 25 Jan 2024); pump.fun lists it with creator JUPh…wFbq. Market cap $1.1B, highest $1.3B. Description: “JUP is the official governance token for Jupiter.” Links given: website, X.
pump.fun/coin/JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCNDexScreenerDexScreener
Trades in 1 pool (orca), $700k of liquidity, $1.6M traded in 24 hours. First pool opened 31 Jan 2024. Listed links: https://jup.ag, https://twitter.com/JupiterExchange, https://discord.gg/jup.
dexscreener.com/solana/JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCNThe mint on SolanaSolana
Token program: SPL Token. Mint authority: revoked (no more can ever be minted). Freeze authority: revoked. Supply 6,861,485,924.
solscan.io/token/JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCNLargest holdersSolana
830,699 holders. Largest single wallet holds 2.6% of supply; the ten largest wallets hold 8.2%. Pools, curves and other program accounts among the top 20 hold 2.6%. The coin's creator holds 0.00%.
solscan.io/token/JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN#holdersCoinGeckoTracker
Listed as “jupiter-exchange-solana”. Categories: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Perpetuals, Solana Ecosystem, Launchpad, GMCI DeFi Index, Dex Aggregator. Code: https://github.com/jup-ag.
www.coingecko.com/en/coins/jupiter-exchange-solanaDefiLlamaTracker
DefiLlama tracks 8 products for this token, with $2.4B locked in all and $17M in fees paid over 30 days: Jupiter Lend (Lending, $1.1B locked, $4.4M fees in 30 days, tracked since 19 Aug 2025); Jupiter Perpetual Exchange (Derivatives, $760M locked, $7.6M fees in 30 days, tracked since 29 Jan 2024); Jupiter Staked SOL (Liquid Staking, $570M locked, $2.2M fees in 30 days, tracked since 16 Aug 2024); JupUSD (Basis Trading, $43M locked, tracked since 5 Jan 2026); Jupiter Lend DEX (Dexs, $19M locked, tracked since 28 Jul 2026); Jupiter Offerbook (Lending, $1.4M locked, tracked since 25 Jun 2026); Jupiter Prediction (Interface, $180k locked, tracked since 4 Dec 2025); Jupiter Aggregator (DEX Aggregator, tracked since 1 Oct 2022).
defillama.com/protocol/jupiter-lendWebsite: jup.agWebsite
Title: “Jupiter: The Home of Onchain Finance”. Description: “Swap, Borrow, Lend, Predict, Perps, Wallets, and More. For everything DeFi, just Use Jupiter”. 160 words of text. App words on the page: stake, swap, deposit, search, paste. 1 form, 1 input. Built with Vite.
jup.agPage: jup.ag/stakeWebsite
Title: “Stake SOL with Jupiter | Native & Liquid Staking on Solana”. Description: “Earn the best yield on your SOL. Stake natively to our secure validator or hold JupSOL to use in DeFi while you earn.” 95 words of text. App words on the page: stake, deposit, search. 1 form, 1 input. Built with Vite.
jup.ag/stakePage: vote.jup.ag/Website
Title: “Vote | Jupiter”. Description: “Stable assets dynamic vaults.” Almost no text without JavaScript: the page draws itself in the browser, so Assay read only its shell. No app words (connect wallet, stake, claim, swap, burn, dashboard…). Built with Next.js.
vote.jup.ag/Page: support.jup.ag/Website
Title: “Jupiter Support Hub”. Description: “Find answers, explore docs, and get support from the Jupiter team.” 544 words of text. App words on the page: swap. Built with Next.js.
support.jup.ag/Page: jup.ag/rewardsWebsite
Title: “Jupiter Rewards Hub: Earn Rewards on Solana”. Description: “Track live trading campaigns and claim your rewards. View your milestones and collect Active Staking Rewards from one central hub.” 60 words of text. App words on the page: stake, deposit, search. Built with Vite.
jup.ag/rewardsX: @JupiterExchangenot readX
Assay couldn't read this profile (it may be new, private, suspended, or renamed).
x.com/JupiterExchangeGitHub: jup-ag/token-listGitHub
Created 1 Dec 2022 (14 months before the coin), last push 21 Apr 2025. Not a fork. 1,265 commits 788 contributors. Mostly TypeScript. 2,859 KB. Archived.
github.com/jup-ag/token-listGitHub: jup-ag/metis-binaryGitHub
Created 16 Nov 2023 (2 months before the coin), last push 19 Oct 2026. Not a fork. 11 commits 3 contributors. Mostly Dockerfile. 185 KB.
github.com/jup-ag/metis-binary