Q2 Token Holder Update: Key Takeaways
Jupiter has evolved from a simple DEX aggregator into Solana's DeFi superapp.
Here's what we delivered in Q2 â and whatâs coming next. đ§ľ...
Overview
Jupiter is one of the most used protocols in DeFi â and the numbers speak for themselves:
In Q2 alone, the platform saw $142Bn in volume, 8M+ active wallets, & generated over $82.4m in fees.
We're proud of the progress, but even more excited for what comes next.
Jupiter Spot
Still the dominant trading venue on Solana with $2.5+ trillion in lifetime volume.
Q2 product launches:
⢠Juno
⢠Metis v1.6
⢠Improved search algo
Q2 performance:
⢠$80.75Bn total spot volume
⢠$37.39Bn Ultra volume
⢠8m+ total active traders
Jupiter Pro
Evolving into the best pro trading terminal at 1/10th the cost of the competition.
Q2 product launches:
⢠AlphaScan
⢠Quick Accounts
⢠Token Pages
Q2 performance:
⢠4.4m+ unique users
⢠22.2m+ page views (last 30 days)
Jupiter Mobile
The fastest, cheapest, and most user-friendly mobile wallet â with the easiest onboarding experience.
Q2 product launches:
⢠Universal Send
⢠Trigger and Recurring orders
⢠Radar
Q2 performance:
⢠825k+ lifetime downloads
⢠4.7/5 average rating on app stores
Jupiter Perps
Remains the engine of our business. We dramatically improved product performance in Q2.
Q2 improvements:
⢠Improved trading performance
⢠Partial & Multiple Take Profit/Stop Loss
⢠Larger positions
Q2 performance:
⢠$61.2Bn+ volume
⢠$68m+ fees generated
Jupiter Portfolio
The most used and comprehensive portfolio product.
Q2 product launches:
⢠Shipped v2 with a complete redesign
⢠Activity browser
⢠Integrated 20 new protocols
Q2 performance:
⢠140+ total protocols integrated
⢠500K+ monthly active users
Jupiter Developer APIs
Jupiter remains the most integrated protocol in DeFi.
Q2 product launches:
⢠Ultra Mode APIs
⢠Ultra API Search
⢠Token API v2
⢠Price API v3
Q2 performance:
⢠~$394K revenue
⢠$500m+ Ultra volume from partners
JupiterZ
Essential for fulfilling trades without slippage or gas across Jupiter routing.
Q2 product launches:
⢠Added 4 new MMs, including SCB and Auros
⢠Added support for 6 new tokens
⢠Several QOL improvements
Q2 performance:
⢠$8.1Bn+ volume
⢠17 total market makers
Moonshot
⢠Launched Moonshot Create
⢠Zero-KYC onramp
⢠Grew team size
DRiP
⢠Launched Storefronts
⢠Site improvements
⢠Improved gamification
Public Goods
Jupiter is at the forefront of contributing back to the Solana ecosystem through:
⢠Verified list
⢠Dev APIs
⢠Jupiter Lock
⢠Jupiter Terminal
⢠Unified Wallet Kit
⢠JupSOL: most community-centric LST, first in the superminority to run Frankendancer
Transparency comes first.
Jupiter scored 39/40 in Blockworks' Transparency Report.
$JUP has massive mindshare:
⢠950,000+ onchain token holders
⢠$8.5m+ onchain liquidity
⢠$74.33m avg daily onchain trading volume
⢠~23% of all circulating JUP is staked
The Litterbox Trust
Quickly becoming one of the largest $JUP holders, itâs the very long-term reserve for the Jupiverse.
50% of Jupiterâs onchain revenue is used for buybacks into the Litterbox Trust.
At the end of Q2, it had over 62m JUP â an increase of 221.26%.
JLP is the Jupiter Liquidity Provider token, representing an index of majors.
⢠$1.53Bn market cap
⢠$54.05m average daily trading volume
⢠~14.5% current APY
JupSOL is a liquid staking token offering industry-leading APY.
⢠27.8K holders/stakers
⢠$775.73m market cap
⢠$7.37m average daily trading volume
Strategic Partnerships
Our position as the largest trading venue on Solana and the DeFi Superapp gives us unparalleled leverage through strategic partnerships.
Q2 partnerships:
⢠Dual listings for IPOs
⢠@xStocksFi Alliance
⢠@OndoFinance Global Market Alliance
⢠@humafinance x jupDAO Alliance
⢠@rektdrinks x Jupiter Drinkset
⢠CEXs: providing access to long-tail assets and liquidity to Binance Alpha, Gate, Kraken, Bitget, Crypto .com
⢠Liquidity venues: @pancakeswap, @byreal_io, Goonfi, Humidfi, Tesseract
Solana Startups
Jupiter plays a dual role as a leading product and the leading platform on Solana.
We're deeply proud that our partners have generated $500M+ in revenue for themselves by using our tech.
Some of these include: Pintu, TrueMarkets, Trendex, Bungee, Squid, Encifhr, SendAI, MetaMask, Boop, MetEngine, 6Block, Runner, 1inch, Share, Farcaster
Jupnet
The solution to crypto's hardest problem: fragmentation.
An omnichain liquidity network to unify assets, liquidity and users.
Building towards a public testnet in early Q4.
What's coming up for Jupiter?
The next 12 months are crucial. Asset issuance and onchain adoption are growing rapidly, and Jupiter is well positioned to capture the upside.
Growing revenue through strategic product launches:
⢠Jupiter Lend
⢠Jupiter Desktop wallet extension
⢠[REDACTED] đ
Growing Jupiter Perps and JLP:
⢠Adding new assets
⢠JLP Loans
⢠Exploring tokenized equity perps
⢠Increasing gamification
Accelerating new user onboarding with strategic investments in:
⢠Jupiter Mobile growth campaign
⢠Universal Send expansion
Building the best trading tech and products:
⢠Jupiter V7 Aggregator
⢠JupiterZ Partial Routes
⢠Enhancing Jupiter Pro and AlphaScan
Championing social monies and building products for web4:
⢠Jupiter Studio
⢠Moonshot Create
⢠Web4 awareness campaign
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