JUP Airdrop
My telegram channel: https://t.me/ricedaily
Collection of data related to JUP airdrop
- 17% ~ 20% of the 10b tokens will be liquid:
10% is airdropped, 7% ~ 10% will be used to provide liquidity
it seems that the Team wants to prioritize dex liquidity, but has not ruled out CEX listings. JUP founder Meow's personal philosophy is build a dex that will be better than a CEX, so I have some doubts that he will be very enthusiastic about CEX listing.
Because there is no VCs in JUP, the team doesn't really have big "incentive" or "rush" to list CEXs, I would put Binance or Coinbase listing at low chance. I have no insight into how the 7% ~ 10% liquidity tokens will be used. Just basing this guess on Meow's discord comments. - majority of the 700m airdrop tokens will be concentrated in about 200k of high volume address. The rest of 200m will be for 750k lowe volume addresses and 100m to contributors.
https://x.com/weremeow/status/1724855485507981454 - 20% puts us a 2b tokens, currently on
Aevo: https://app.aevo.xyz/perpetual/jup
Hyperliquid: https://app.hyperliquid.xyz/trade
WhalesMarket(OTC): https://app.whales.market/?chain_id=666666
JUP is trading around $0.5 to $0.7. This puts mcap at around $1.2b and fdv at $6b.
As a comparison:
UNI mcap $4.9b fdv $6.5b
DYDX mcap $1.7b fdv $2.1b
CAKE mcap $0.7b fdv $1b
1INCH mcap $0.5b fdv $0.6b
ORCA mcap $0.3b fdv $0.6b - For the dex liquidity, JUP will launch on Meteora (project by Jupiter team) using a DLMM pool. DLMM pool is similar to Joe Swap's liquidity boxes:
This is DLMM docs: https://docs.meteora.ag/dlmm/dlmm-overview - for the dex liquidity launch, it will be on a new launchpad platform that the jupiter team is building. They have already tested with a "mockJUP" test token airdrop. They have also invited a meme token project to launch on this launchpad before the real JUP token launch.
This is the DLMM launch test site: https://launch-test.jup.ag/ - Token Utiltiy
no rev share
swap aggregator will continue to be free
DCA, limit order, perps will charge a fee
will have a launchpad (could be staking JUP to get IDO allocation)
perp dex (perp dex is AMM with Pyth oracle design, TVL growth: https://jup.ag/perps-earn/buy/SOL)
kamino's JLP vault: https://x.com/Kamino_Finance/status/1747666593780232449 - some trading volume data:
jupiter trading volume: https://dune.com/ilemi/jupiter-aggregator-solana
jupiter is about 2~3x volume of 1inch: https://defillama.com/aggregators
solana dex volumes: https://analytics.topledger.xyz/tl/public/dashboards/K6um5NyEC1tGik3QkQacRzyKXdGrPyN5pMdnvvLo - Some threads:
https://twitter.com/GarrettHarper_/status/1747268752641835475