Jupiter (JUP) is a prominent decentralized exchange (DEX) aggregator operating on the Solana blockchain. It specializes in providing users with the best possible swap rates by routing trades across multiple liquidity sources. This guide offers a detailed overview of JUP's price, market performance, key metrics, and trading essentials.
Current Jupiter (JUP) Market Data
- Current Price: €0.374219 (as of latest update)
- 24h Trading Volume: Significant market activity
- Market Capitalization: Reflects a growing presence in the decentralized finance (DeFi) sector
- Circulating Supply: 3,004,800,000 JUP
- Max Supply: 6,999,215,445 JUP
These metrics are crucial for assessing Jupiter's liquidity, investor interest, and overall market position within the competitive crypto landscape.
Key Jupiter (JUP) Metrics Explained
Understanding the following metrics provides deeper insight into JUP's economic model and market behavior:
- Circulating Supply: This represents the number of JUP tokens currently available to the public and actively traded on the market. It is a key factor in determining market capitalization.
- Total Supply: The total number of JUP tokens that currently exist, including those locked, reserved, or not yet in circulation.
- Fully Diluted Valuation (FDV): An estimate of the market cap if the entire max supply of JUP tokens were in circulation. It helps gauge potential future market saturation.
- 24h Price Range: The recorded low and high price points for JUP over the past 24 hours, indicating its short-term volatility and trading range.
- Market Dominance: The percentage of the total cryptocurrency market capitalization that is attributed to JUP, showing its relative size.
About the Jupiter Project
Jupiter stands as a core liquidity infrastructure for the Solana ecosystem. Its primary function is to aggregate liquidity from various DEXs on Solana, ensuring users get optimal prices for their token swaps with minimal slippage. Beyond simple swaps, Jupiter offers a suite of advanced DeFi features, including limit orders, dollar-cost averaging (DCA) strategies, and cross-chain swap capabilities. Its native JUP token is central to its ecosystem, facilitating governance and other utility functions within the platform.
Jupiter (JUP) Trading Markets
JUP is listed on numerous major cryptocurrency exchanges, providing high liquidity and multiple trading pairs. The most common trading pair is JUP/USDT, available on platforms like Binance, Gate.io, and Bybit. When choosing an exchange, consider factors such as trading volume, depth (which affects slippage), security, and geographic availability.
For traders seeking advanced charting tools and real-time order book data, 👉 explore comprehensive trading platforms that cater to both novice and experienced users. Always ensure you are using a reputable and secure exchange for your transactions.
How to Track Your Jupiter (JUP) Holdings
Monitoring your JUP portfolio effectively is key to managing your investments. Modern portfolio trackers offer seamless solutions:
- Secure Exchange Integration: Automatically sync your balances by connecting your exchange accounts via secure, read-only API keys.
- Wallet Synchronization: Connect and track holdings in self-custody wallets like Ledger and MetaMask.
- Comprehensive Coverage: Track over 10,000 different cryptocurrencies and assets all in one place.
- Data Security: Utilize platforms that prioritize security, ensuring your data remains protected with read-only access.
This automated tracking provides a real-time, holistic view of your portfolio's performance without manual entry.
Factors Influencing Jupiter (JUP) Price
The price of JUP is influenced by a combination of broader market forces and project-specific developments:
- Overall Crypto Market Sentiment: Bull or bear markets significantly impact altcoins like JUP.
- Solana Ecosystem Growth: As a key project on Solana, JUP's value is tied to the health and expansion of the entire ecosystem.
- Platform Adoption and Volume: Increased usage of the Jupiter aggregator for swaps drives demand for the token.
- Governance Proposals: The outcome of JUP token holder votes on key ecosystem decisions can affect price.
- Exchange Listings: New listings on major exchanges often increase accessibility and demand.
- Technical Developments: Updates, new feature releases (like cross-chain swaps), and partnerships.
Frequently Asked Questions (FAQ)
What is Jupiter (JUP) used for?
The JUP token is primarily used for governance within the Jupiter ecosystem. Holders can propose and vote on key decisions regarding the platform's development, treasury management, and fee structure. It is also intended to have utility in future features and within the broader Jupiter ecosystem.
How do I buy Jupiter (JUP) tokens?
You can purchase JUP tokens on major centralized exchanges like Binance, OKX, and Bybit. Alternatively, you can swap other tokens for JUP directly on the Solana blockchain using the Jupiter aggregator itself or other supported DEXs and wallet interfaces.
What makes Jupiter different from other DEX aggregators?
Jupiter is specifically built for the high-speed, low-cost Solana blockchain. It is renowned for its deep liquidity aggregation, advanced trading features like limit orders and DCA on a DEX, and its strong focus on community governance through the JUP token.
Is Jupiter a good investment?
As with any cryptocurrency, investing in JUP carries inherent risk. Its value is tied to the adoption of the Jupiter platform and the broader Solana ecosystem. It is essential to conduct thorough personal research (DYOR), analyze market trends, and understand the project's fundamentals before making any investment decision.
What is the total supply of JUP tokens?
The total supply of JUP tokens is 10 billion. The circulating supply is gradually increasing according to the project's emission schedule, which is designed to support ecosystem growth and rewards over time.
How can I securely store my JUP tokens?
For maximum security, you can store JUP in a non-custodial wallet like Phantom, Solflare, or a hardware wallet like Ledger. For active trading, you may keep a portion on a reputable exchange, though this is considered less secure than self-custody.