Jupiter’s $$ 616 Million JUP Airdrop: How to Claim Your Share of 700 Million JUP Tokens

The post Jupiter’s $$ 616 Million JUP Airdrop: How to Claim Your Share of 700 Million JUP Tokens appeared first on Coinpedia Fintech News

Jupiter, a Solana-based decentralized exchange aggregator, is distributing nearly 700 million JUP tokens, valued at $$ 616 million, in its highly anticipated “Jupuary” airdrop. Following the news, Jupiter's token, JUP, is currently trading at $$ 0.88, reflecting a 33% increase since its launch in January 2024. With a circulating supply of 1.68 billion tokens out of a maximum supply of 10 billion, the platform boasts a market capitalization of $$ 1.48 billion. The moment you’ve been waiting for is almost here, the Jupuary airdrop claim will go live on Wednesday at 3:30pm UTC at the same time, @kashdhanda and @9yointern will be hosting a special J.U.P Rally to celebrate and welcome everyone to the Jupiverse! J4J pic.twitter.com/wntUmNlobO

— Jupiter (@JupiterExchange) January 21, 2025

Notably, the event was created to reward active users and community contributors, cementing January as a month of generosity for the platform.

Who gets the tokens?

The airdrop targets two main groups: active traders and dedicated community members. For traders, 425 million JUP tokens are allocated based on trading activity, with higher trading volumes earning higher rewards. Another 75 million tokens are reserved for users who staked JUP, with bonuses for those who regularly participated in governance votes. Jupiter’s emphasis on rewarding engagement highlights its commitment to building a loyal user base.

How to Claim the Airdrop

Eligible users can claim their tokens directly on the Jupiter platform starting today.