Jupiter

Jupiter is a trade routing platform (DEX aggregator) that brings the decentralized exchanges on the Solana network together in a single interface. When a user wants to make a token swap, the system compares prices across different liquidity pools and, if necessary, executes the order by splitting it across several routes. JUP is the governance token issued on Solana that entered distribution in early 2024.

Over time, the platform has moved beyond simple swaps: it also offers limit orders, a recurring order tool that buys automatically at set intervals, leveraged perpetual futures (perps) and a launch platform for new projects' token distributions. JUP holders can take part in Jupiter DAO votes by locking their tokens; these votes cover matters such as treasury use, ecosystem budgets and the projects to be admitted to the launch platform.

The JUP price is sensitive to trading volume on Solana, the income the platform earns from its futures products, scheduled token unlocks and competition with rival aggregators. The price seen for Jupiter on Lzzo.com is obtained by converting the JUP/USDT quote on Binance into dollars at the Coinbase Exchange USDT/USD rate; the chart is updated with the same data.