Jupiter (JUP) is a decentralized exchange that currently powers over 80% of the retail liquidity on Solana. The platform is designed to offer top-notch products on Solana's fast, low-fee, and highly scalable infrastructure, with the ultimate goal of replacing centralized exchanges altogether. Despite still being in beta, Jupiter's derivatives service has already achieved an impressive $205.09m in 24-hour volume, contributing to the platform's overall trading volume of $72.18b as of writing.
Jupiter is a leading gateway to the world of cryptocurrency trading, designed to provide a simple and accessible platform for users of all levels. Whether you're a seasoned trader or new to the crypto space, Jupiter offers an intuitive and user-friendly experience that makes DeFi accessible to everyone. The platform offers a range of products, including:
Jupiter Swap
At the core of Jupiter is Jupiter Swap, a decentralized exchange and automated market maker (AMM) that enables secure token swaps on the Solana blockchain. With a user-friendly interface and minimal slippage, Jupiter Swap is ideal for both new and experienced traders looking to trade a diverse range of tokens.
Jupiter Limit Order
For those who prefer a more controlled approach to trading, Jupiter Limit Order allows users to place limit orders on Solana, ensuring trades are executed at specified price points. This feature is particularly useful during volatile market conditions.
Jupiter DCA
Jupiter's Dollar-Cost Averaging (DCA) feature automates the purchase or sale of SPL tokens at regular intervals over a set period, making the strategy accessible to all. By regularly investing a fixed amount over time, users can potentially lower the average cost of their investments and reduce the impact of market volatility.
Other Products
In addition to the three main products above, Jupiter also offers a bridge that helps move assets to and from Solana, as well as Jupiter Perpetual, a derivatives trading platform that is currently in beta phase.
JUP has a total supply of 10,000,000,000. The current circulating supply of JUP is 1,350,000,000.
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