Author: Asher, Odaily Planet Daily
Yesterday, Jupiter, a leading protocol in the Solana ecosystem, launched its own Launchpad platform Jupiter Studio. This is not only an iterative upgrade of the 'Pump.fun style token issuance model' but also like Jupiter crafting an 'on-chain project factory' leveraging its own liquidity and protocol entry.
Next, Odaily Planet Daily takes you to experience the Jupiter Studio platform and the performance of the tokens created on the platform.
Introduction to the token creation function of Jupiter Studio
For users planning to create tokens on Jupiter Studio, no pre-deposit of funds is required; only Gas fees need to be paid to initiate the creation process.
Creator rights
By using the Jupiter Studio platform to issue tokens, the incentives that creators can receive include:
Transaction fee revenue: Creators can earn 50% of all Swap transaction fee revenue, including the portion generated during the bonding phase and the ongoing part after graduation.
Liquidity pool (LP) locked share: One year after the project graduates, creators can obtain 50% ownership of the liquidity pool to ensure long-term incentives.
Token allocation quota: Creators can choose to receive between 0% to 80% of the token supply (with a total supply of 100 million tokens) to support team development and ongoing operations.
Both preset parameters and customizable parameters
As shown in the figure below, to facilitate token creation, the Jupiter Studio platform provides users with 3 types of different preset modes: Play (initial market cap of 1000 USDC, enters the Meteora pool when market cap reaches 3000 USDC), Locked In (initial market cap of 100,000 USDC, enters the Meteora pool when market cap reaches 500,000 USDC), Full Send (initial market cap of 1,000,000 USDC, enters the Meteora pool when market cap reaches 3,000,000 USDC).
In addition, Jupiter Studio supports customization of the following key parameters to flexibly configure the project's token economic model, including the specific parameters:
Starting market cap: Custom initial valuation for the project, used to determine the initial token price;
Graduation market cap: Once this market cap is reached, the system will automatically migrate liquidity and lock it in the Meteora liquidity pool (the lower the graduation threshold is set, the easier it is to lock in early and complete graduation);
Token allocation period: You can choose to have tokens unlocked immediately after graduation, or unlock them linearly on a monthly basis, for a period of 6 or 12 months;
Unlocking period: You can choose an unlocking period of 6 months or 12 months.
The platform's 24-hour trading volume is nearly 100 million USD, with multiple tokens breaking the million USD market capitalization in 24 hours.
Despite the current overall trading enthusiasm on-chain being sluggish, Jupiter Studio delivered a performance on its launch day that far exceeded market expectations, significantly outperforming other popular Launchpad platforms recently. Compared to the Genesis section launched by the leading AI Agent project Virtuals and the Launchpad dominated by a16z-supported auto.fun, Jupiter Studio has achieved a significant lead in both user participation and token performance.
According to Jupiter Studio Screener data, as of the time of writing, the total trading volume of all created tokens on the platform exceeds 94.7 million USD, demonstrating strong liquidity and market attention. In addition, the liquidity pool of all created tokens on the platform is approaching 3 million USD and shows a continuous growth trend.
Meanwhile, several projects have surpassed a market capitalization of 1 million USD in less than 24 hours of creation. Currently, there are 4 projects with a market cap exceeding 1 million USD, among which URANUS, with its strong community hype and Meme culture dissemination, has a market cap exceeding 5 million USD, becoming the strongest new token on the platform; DEV and VIBE have market caps exceeding 3 million USD, and KIRBY's market cap has also surpassed 2 million USD.
Jupiter Studio Screener data
Overall, the performance of the Jupiter Studio platform on its first day is commendable. However, whether it can truly ignite a new round of on-chain market trends will depend on whether we can see 'fast-track' projects reaching tens of millions or even breaking the hundred million mark. This will be a key indicator of whether the platform can lead the market explosion. Currently, overall market liquidity remains insufficient, making it difficult to support a comprehensive 'altcoin season', but there is hope that Jupiter can bring more sustainable 'profit trends' to 'on-chain players' with its own traffic.