Jupiter

Jupiter (JUP) is the governance token of Jupiter, the leading decentralized exchange aggregator on Solana. Jupiter routes trades across the network's major liquidity sources to find the best price for a swap, and has expanded into limit orders, dollar-cost averaging, a cross-chain bridge and perpetual futures. JUP gives its community a say in how this widely used DeFi hub evolves.

What is Jupiter?

Jupiter is core trading infrastructure for the Solana ecosystem. Rather than holding its own order book, it aggregates liquidity from many decentralized exchanges and automated market makers, then splits and routes orders to minimize slippage and cost. For most Solana users, Jupiter is the default place to swap tokens, and its suite now spans spot trading, recurring buys, limit orders and a perpetuals platform.

How does Jupiter work?

JUP is a governance token on Solana, so it settles on Solana's high-speed Proof of Stake network rather than running its own chain. The Jupiter protocol itself is a smart routing engine: when you request a swap, it scans available liquidity venues, computes the optimal path, and can break a single trade across several pools to get a better effective price. JUP holders participate in governance, helping steer treasury use, product direction and ecosystem incentives.

Jupiter tokenomics and supply

JUP has a maximum supply of 10 billion tokens, with roughly 3.32 billion in circulation and total supply around 6.86 billion. The sizable gap between circulating and total supply means future unlocks and emissions are a key consideration, since new tokens entering the market can affect price. JUP reached an all-time high near $2 and a low around $0.136, reflecting its relatively young trading history.

• Maximum supply: 10,000,000,000 JUP
• Circulating supply: about 3.32 billion JUP
• Network: Solana
• Role: governance over the Jupiter protocol

What is Jupiter used for?

JUP is primarily a governance asset, letting holders vote on proposals that shape Jupiter's development, incentives and treasury. The broader platform is used for swapping tokens at the best available price, placing limit orders, automating recurring purchases and trading perpetual futures. As one of Solana's most active applications, Jupiter is a key on-ramp into the network's DeFi and launchpad activity.

Where to buy Jupiter

JUP is available on major centralized exchanges and, fittingly, across Solana DEXs including Jupiter itself. Our best crypto exchanges ranking compares platforms on fees, liquidity and security, and our best crypto wallets guide covers Solana wallets for holding JUP and interacting with the protocol.

Is Jupiter a good investment?

Jupiter benefits from being essential infrastructure on a fast-growing chain, with real usage and revenue, but JUP is a governance token whose value depends on adoption, fee capture and token supply dynamics. Large upcoming unlocks, DeFi competition and Solana-wide volatility all add risk. This is not financial advice; research the tokenomics and roadmap before investing.