Jupiter Perpetual Exchange
Best for documented on-chain trading
How it rates
- Tracked and verifiable from public sources at this check
- No audit report linked in the public dataset at this check
- No documentation site found at a conventional address
- Single-chain deployment
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit published with a linked report
No audit report linked in the public protocol dataset at this check.
defillama.com/protocol/jupiter-perpetual-exchange - Not metAudit count recorded in an independent dataset
0 audit(s) recorded.
defillama.com/protocol/jupiter-perpetual-exchange - MetProtocol tracked by an independent analytics platform
Listed with published TVL and history.
defillama.com/protocol/jupiter-perpetual-exchange - Not metTechnical documentation published
No documentation site found at a conventional address at this check.
defillama.com/protocol/jupiter-perpetual-exchange - MetApplication reachable at a public address
Reachable without an account at this check.
jup.ag/?ref=f6y1ryr2snn3
- Not metDocumentation published where fees are described
No documentation site found at this check.
defillama.com/protocol/jupiter-perpetual-exchange - MetApplication reachable without an account
No account required to reach the app.
jup.ag/?ref=f6y1ryr2snn3 - MetIndependent dataset publishes protocol economics
TVL and change history published independently.
defillama.com/protocol/jupiter-perpetual-exchange - Not metFee model documented publicly
Not available at this check.
defillama.com/protocol/jupiter-perpetual-exchange - Not metNo account required to read protocol documentation
Not available at this check.
defillama.com/protocol/jupiter-perpetual-exchange
- MetTracked with published total value locked
TVL $715m at this check.
defillama.com/protocol/jupiter-perpetual-exchange - Met
- Not metDeployed across more than one chain
1 chain(s) recorded.
defillama.com/protocol/jupiter-perpetual-exchange - Not metDeployed across five or more chains
1 chain(s) recorded.
defillama.com/protocol/jupiter-perpetual-exchange - MetListed on the independent dataset for over a year
Listing date recorded in the dataset.
defillama.com/protocol/jupiter-perpetual-exchange
- MetIndependent analytics page published
Public protocol page with history.
defillama.com/protocol/jupiter-perpetual-exchange - Not metAudit documentation linked publicly
No audit report linked at this check.
defillama.com/protocol/jupiter-perpetual-exchange - Not metTechnical documentation published
Not found at this check.
defillama.com/protocol/jupiter-perpetual-exchange - MetProtocol identity and chains disclosed
Chains and category published: Derivatives.
defillama.com/protocol/jupiter-perpetual-exchange - Met
- Met
- Not met
- Met
- Not met
- Met
Solana's largest perpetuals venue by liquidity, holding $715m in a pooled model where depositors take the other side of trader flow.
Our assessment
Jupiter's perpetual exchange holds $715m — four times more than any other perp venue in this comparison — and scores 5.0. The distance between those two numbers is the point of publishing evidence-based scores at all.
Depth without published review
$715m makes this the venue where large positions can actually be executed on Solana, and depth is what a perp trader is buying. It also means the largest concentration of capital in this category sits behind contracts with no audit report retrievable at a public address. Size raises the value of an exploit rather than reducing its likelihood.
The pool is the counterparty
Liquidity providers deposit into a pool that takes the other side of trader positions and earns fees and trader losses in return. As with every design of this kind, the deposit is a short-volatility position in one venue's order flow rather than a yield product, and a period of sustained trader profitability is a period of provider losses.
Why the score sits where it does
Counterparty and contract evidence carries 30% and transparency another 15%. Strong market quality cannot offset near-empty results on both. If the audits exist and were published at stable addresses, this protocol would move up the table immediately without changing a line of code.
Who it suits
Jupiter Perps fits Solana traders who need real depth and have formed their own view of unaudited contracts. Traders who want published review at smaller size should compare Pacifica, GMTrade or GMX.
How rivals compare
| Service | Score | Best for | |
|---|---|---|---|
| GMX V2 Perps | 9.3 | audited, multi-chain deployment | Read → |
Frequently asked
Does this score mean Jupiter Perpetual Exchange is safe to use?
No. It measures what an outsider can verify: linked audits, published documentation and independently recorded market data. Contract behaviour is not tested by us.
Where does the TVL figure come from?
An independent public analytics platform, queried at the verification date. Anyone can re-run the same query.
Why do some protocols score zero on audits?
Because no audit report is linked in the public dataset. It records what a user can reach, not a claim that no audit was ever performed.