Jupiter, Solana-based DEX aggregator, has announced its much-anticipated “Jupuary” airdrop, slated for January 2025.
The initiative aims to distribute 700 million JUP tokens to reward users, stakers, and contributors, fostering greater engagement within the platform.
The majority of the allocation—340 million JUP—will go to swap users across 2 million eligible wallets. Rewards will be tiered based on trading volume, with users trading over $800 qualifying for the lowest tier. High-volume traders, particularly those with over $14 million in trades, will receive the largest rewards.
Expert traders employing advanced strategies such as limit orders and perpetual swaps are also set to benefit. A dedicated pool of 85 million JUP will reward 320,000 eligible wallets, with top-tier traders earning up to 100,000 JUP each.
Jupiter’s staking community isn’t left out. The Jupiter DAO will distribute 37.5 million JUP to stakers based on their contributions, while “Super Voters”—users participating in at least 13 out of 17 governance proposals—will share another 37.5 million JUP.
One unique feature of the Jupuary airdrop is its stacking mechanism, allowing participants to accumulate rewards from multiple categories. To ensure transparency and prevent Sybil attacks, Jupiter plans to roll out wallet-linking profiles, enabling users to consolidate activities across wallets for a comprehensive view of contributions.
This isn’t Jupiter’s first foray into airdrops. In 2023, the platform distributed nearly 1 billion JUP tokens to users with $1,000 or more in swap volume before a November snapshot.
Since its launch in October 2021 by its pseudonymous founder, “Meow,” Jupiter has aggregated liquidity across Solana DEXs, offering competitive rates for token swaps. With a 24-hour trading volume recently surpassing $2.3 billion, the platform continues to solidify its position in the DeFi ecosystem.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
