Drop📈

Jupiter, a leading decentralized exchange aggregator on Solana, has launched its highly anticipated “Jupuary” airdrop, distributing 700 million JUP tokens worth $616 million. The announcement has generated significant excitement, driving JUP's price up by 33% to $0.88 since its launch in January 2024.

With 1.68 billion tokens currently in circulation out of a maximum supply of 10 billion, Jupiter’s market cap has surged to $1.48 billion.

The airdrop claim period is set to go live on Wednesday at 3:30 PM UTC, accompanied by a special J.U.P Rally hosted by @kashdhanda and @9yointern to welcome participants to the "Jupiverse."

Rewarding the Community:

The “Jupuary” event aims to reward Jupiter’s most active users and loyal community members, reinforcing January as a month of generosity for the platform. The airdrop is divided into two main categories:

1. Active Traders: 425 million $JUP tokens are allocated based on trading activity, with higher rewards for users who trade more.

2. Stakers and Voters: 75 million tokens are reserved for users who staked JUP, with additional bonuses for those who participated in governance votes.

This approach underscores Jupiter’s commitment to encouraging both trading and community engagement.



Claiming the Tokens:

Eligible users can claim their tokens directly on Jupiter’s platform. The distribution is designed to be fair and incentivize continued engagement through trading and governance activities.

A Growing Tradition:

This is not Jupiter’s first airdrop milestone. Last year, the platform distributed nearly 1 billion JUP tokens during its inaugural event. With plans to continue this tradition every January until 2027, the “Jupuary” airdrop has become a hallmark of the Jupiter ecosystem.

Founded in October 2021 by the pseudonymous developer "Meow," Jupiter aggregates liquidity across decentralized exchanges on Solana. The platform simplifies trading while offering features like perpetual trading, catering to diverse user needs.