← Back to the list
StakingDeFi · Solana
Jupiter
Author's status: ActiveUpdated: 2026-09-20
I use it daily for swaps and stake JUP.
Staking
- Token
- $JUP
- Typical APY
- 18–20% a year (estimate)
- Rewards
- 50M JUP per quarter shared among DAO voters
- Note
- Active Staking Rewards (ASR). The rate is a community estimate for 2026 Q2, not an official figure. Unstaking takes 7 days. You only receive rewards if you vote.
Valuation
- FDV (fully diluted)
- $2.4BMarket cap $1.1B
- FDV ÷ revenue
- 27.3xRevenue, last 365 days $86M35.8x on the last 90 days × 4 (annualized $65.8M)
- FDV ÷ holder returns
- 71.5xBuybacks, burns and distributions over the last 90 days: $8.2M (×4 to annualize)
- Note
- 50% of revenue buys JUP on the market and locks it for three years (not a burn). Much of the supply is not circulating, so the multiple is higher than on a market-cap basis.
As of 2026-09-28. FDV and price from CoinGecko; revenue and holder returns from DefiLlama. The denominator is revenue, not profit, so this is closer to a price-to-sales ratio than a P/E. The author treats FDV ÷ revenue of 5x or less as cheap, but it moves a lot with revenue swings and unlocks.
TGE and points
- Current state
- The 2026 Jupuary (annual airdrop) was postponed indefinitely by DAO vote. No live points program.
- TGE
- $JUP2024-01-31
- Points program
- No points
Team, funding and user base
- Base
- Unverified
- Founders / leads
- Meow (pseudonym), Siong OngMeow is also a co-founder of Meteora.
- VC funding
- $35MSelf-funded, then a $35M strategic token investment from ParaFi Capital on 2026-02-02.
- Key investors
- ParaFi Capital
- X followers
- 617.7K@JupiterExchangeas of 2026-09-20
Risks and caveats
- In the February 2025 LIBRA / MELANIA memecoin affair, a related Meteora executive resigned, and a class action is underway in the US (The Block). Meow denies involvement in wrongdoing.
- The 2026 airdrop was called off by DAO vote.
Links
Start on Jupiter (ref link)
This is a referral link. The author may be rewarded when you sign up or trade. What is written here is not tied to those rewards.
Sources
This page is for information only and is not a solicitation to use any crypto asset or service. Airdrops and their amounts are not guaranteed, and you may lose the funds you deposit.