The live price of Jupiter (JUP) today is 1.1711 USD, and with the current circulating supply of Jupiter at 1,350,000,000 JUP, its market capitalization stands at 1,581,041,825 USD. In the last 24 hours JUP price has moved 0.0907 USD or 0.08% while 107,076,448 USD worth of JUP has been traded on various exchanges. The current valuation of JUP puts it at #81 in cryptocurrency rankings based on market capitalization.
Learn more about the Jupiter blockchain network and how it works or follow the price of its native cryptocurrency JUP and the broader market with our unique COIN360 cryptocurrency heatmap.
Jupiter Station is a Solana-based decentralized exchange (DEX) aggregator designed to optimize token swaps for the best possible prices within the Solana ecosystem. Think of Jupiter as a smart engine that scours various exchanges and liquidity pools to find you the best deal.
Key Features of Jupiter Station:
DEX Aggregation: Finds the best available swaps between any supported token pairs.
Advanced Trading Tools: Includes limit orders, dollar-cost averaging (DCA), and a bridge aggregator.
Low Slippage: Optimizes routes to reduce slippage in trades.
User-Friendly Interface: Designed for easy navigation, accessible to both beginners and experienced traders.
High-Speed Transactions: Built on Solana, providing fast transactions with minimal fees.
The JUP token is the heart of the Jupiter ecosystem, serving multiple essential functions:
Intra-Platform Trading: Used for executing trades within the platform.
Reward Distribution: Active users can earn JUP tokens as rewards for their participation.
Governance: Holders of JUP Coin can vote on proposals, influencing the platform’s future development.
Profit Generation: Users can earn profits depending on their activities, such as staking or trading.
One of the standout features of the Jupiter crypto exchange is its fee structure, which is designed to be as user-friendly as possible.
By default, there are no protocol fees on Jupiter. This means that when you’re making a swap, you’re not losing any of your assets to hidden fees, which can be a common issue on other platforms.
The no-fee structure makes Jupiter an attractive option for traders who want to maximize their returns without worrying about extra costs.
However, integrators on the platform do have the option to introduce a platform fee on swaps. These fees are typically expressed in basis points (bps), with a common example being 20 bps, which translates to 0.2% of the token input or output. This flexibility allows integrators to customize their fee structures while providing users with the best possible deals.
Jupiter Limit Orders charge a platform fee of 0.2% on takers. Here’s how it works:
Taker Fee: A 0.2% fee is charged for limit order takers.
Referral Fees for Partners: Partners who integrate Jupiter Limit Orders earn a 0.1% referral fee, while Jupiter collects the remaining 0.1% as platform fees.
These fees are collected and can be claimed by the program at any time, providing transparency and flexibility for both users and partners.
The identity of Jupiter’s founder adds a layer of intrigue and mystery to the project. Known only by the pseudonym "meow," the founder has been instrumental in driving the platform’s growth and development.
According to meow, the JUP token will have a total circulating supply of 10 billion tokens, with 50% of the supply managed by the Jupiter team and the remaining 50% distributed to the community.
With its innovative approach to token swaps, advanced trading features, and community-driven development, Jupiter is positioned to be a major player in the DeFi space.
However, as with any investment, it’s crucial to consider both the opportunities and the risks. While JUP Coin offers strong potential within the growing Jupiter ecosystem, market volatility and regulatory uncertainties are factors to keep in mind.
Investing in JUP Coin can be a strategic move, but it’s important to weigh the pros and cons before making a decision. Here’s a breakdown:
Reasons for Investing in JUP | Reasons Against Investing in JUP |
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Jupiter Price | 1.1711 USD |
Market Rank | #81 |
Market Cap | 1,581,041,825 USD |
24h Volume | 121,625,640 USD |
Circulating Supply | 1,350,000,000 JUP |
Max Supply | 10,000,000,000 JUP |
Yesterday's Market Cap | 1,688,513,536 USD |
Yesterday's Open / Close | 1.1601 USD / 1.2508 USD |
Yesterday's High / Low | 1.2655 USD / 1.126 USD |
Yesterday's Change | 0.08% ( 0.0907 USD ) |
Yesterday's Volume | 107,076,448 USD |