Jupiter’s Jupuary Airdrop Announcement

Solana-based decentralized exchange aggregator Jupiter will carry out its “Jupuary” airdrop later today, distributing nearly 700 million JUP tokens (valued at $616 million) to 2 million eligible user wallets on Solana.

This announcement follows the release of an eligibility checker last week, allowing users to verify their status before claiming rewards.

Airdrop Structure

The token distribution is based on user activity, targeting two main groups:

• Users and Stakers
• Key community contributors, referred to as Carrots and Good Cats.

Token Allocation

• 425 million JUP tokens will be allocated to users engaged in token swaps on Jupiter, distributed by volume tiers.
• 75 million JUP tokens are designated for those who staked JUP, with bonuses for consistent governance voters.

Previous Airdrop and Future Plans

Jupiter’s first airdrop last year distributed nearly 1 billion JUP tokens. The platform plans to conduct annual airdrops, with a commitment to distributing tokens each January through 2027.

Currently, Jupiter has a circulating supply of 1.68 billion tokens out of a maximum of 10 billion, with a market cap of $1.48 billion. Each token is currently valued at $0.88, reflecting a 33% increase since its initial rollout in January 2024.

Founded in October 2021 by “Meow,” Jupiter consolidates liquidity from multiple decentralized exchanges on Solana and also offers a perpetuals trading product.