Jupiter has announced an exciting development: the launch of its own governance token, JUP, along with a major airdrop campaign to reward its dedicated community of users. This initiative is designed to give back to loyal supporters and encourage broader participation in the Jupiter ecosystem.
In this guide, we’ll break down everything you need to know about the Jupiter airdrop, the JUP token, eligibility criteria, and how you can participate.
What Is Jupiter?
Jupiter is a leading decentralized exchange (DEX) aggregator operating on the Solana blockchain. It sources liquidity from various DEXs and automated market makers (AMMs) to offer users the best possible trading prices with minimal slippage.
The platform also supports cross-chain swaps through integrated bridges and is compatible with popular Web3 wallets. Jupiter is one of the most widely used trading platforms within the Solana ecosystem, handling billions of dollars in trading volume.
Introducing the JUP Token
The JUP token was officially announced at the Solana Breakpoint conference in November 2023. Although not yet launched at the time of writing, it is expected to be released soon.
JUP will serve as Jupiter’s governance token, granting holders voting rights on platform decisions. It will also be used to reward liquidity providers and active users.
The total supply of JUP is capped at 3 billion tokens. The distribution is planned as follows:
- 40% allocated to community airdrops
- 20% reserved for token sales
- 40% set aside for team members, advisors, and a strategic reserve
The Jupiter team has emphasized that a significant portion of the token supply will be distributed directly to the community.
Who Is Eligible for the Airdrop?
According to the Jupiter team, the airdrop will primarily target early and consistent users of the platform. It’s estimated that over 955,000 past users may qualify for the first round of allocations.
Active participants who regularly used Jupiter—especially during periods of market volatility—are likely to receive higher allocations. That said, new users aren’t excluded—future airdrop rounds will offer additional opportunities to participate.
The Four Airdrop Rounds
The Jupiter airdrop will be distributed across four separate rounds:
Round 1
- Eligibility: Users who performed swaps, bridges, or trades on Jupiter
- Allocation: 300 million JUP (10% of total supply)
Round 2
- Eligibility: Participants in the Jupiter Start program
- Allocation: 150 million JUP (5% of total supply)
Round 3
- Eligibility: Users who stake JUP or provide liquidity in JUP pools
- Allocation: 450 million JUP (15% of total supply)
Round 4
- Eligibility: Community members who vote on governance proposals or take part in Jupiter Labs
- Allocation: 300 million JUP (10% of total supply)
Please note that these details are based on the Jupiter green paper and may be subject to change. Always refer to the official Jupiter website for the most up-to-date information.
How to Participate in the Jupiter Airdrop
To maximize your chances of qualifying for the airdrop, engage regularly with the Jupiter platform. Here are some of the key activities that can help:
Swap Tokens
Jupiter makes it easy to swap tokens across the Solana network. Its aggregation algorithm finds the best prices and lowest slippage across multiple DEXs.
Use Limit Orders
A limit order allows you to set a specific price at which you want to buy or sell a token. Orders can remain open indefinitely, providing flexibility and automation for traders.
Dollar-Cost Averaging (DCA)
Jupiter’s DCA tool lets you schedule recurring purchases, spreading your investment over time to reduce volatility. This is an excellent way to maintain consistent platform engagement.
Bridge Assets
Bridging lets you move tokens between different blockchains. Jupiter supports cross-chain transfers with competitive fees and efficient routing.
Trade Perpetuals
Jupiter also offers perpetual futures trading, enabling users to speculate on asset prices with no expiration date. This feature supports both long and short positions.
Staying active with these features can improve your eligibility for current and future airdrop rounds.
👉 Explore more strategies to maximize airdrop rewards
How to Add JUP to Your Wallet
Since the JUP token hasn’t been launched yet, it can’t be added to wallets at this time. However, once it is live, you’ll be able to add it using the token’s contract address.
Generally, the process for adding a new token involves:
- Opening your wallet and navigating to the token management section
- Selecting “Add Custom Token”
- Choosing the correct blockchain (Solana, in JUP’s case)
- Entering the official token contract address
- Confirming and saving the new token
Always ensure you’re using the correct and verified contract address to avoid scams.
Frequently Asked Questions
What is the Jupiter airdrop?
The Jupiter airdrop is a community reward program distributing JUP tokens to active users of the Jupiter exchange on Solana. It aims to incentivize participation and decentralize governance.
Who can participate in the airdrop?
Early users, frequent traders, liquidity providers, and governance participants are among the main target groups. New users can also qualify in later rounds.
Do I need to hold SOL to participate?
While you don’t necessarily need to hold SOL, you will need some Solana-based tokens to pay for transaction fees when using Jupiter.
How do I stay updated on airdrop details?
Follow Jupiter’s official blog and social media channels for the most accurate and timely announcements.
Can I participate if I’m new to Solana?
Yes. While early users receive priority, later airdrop rounds are designed to include new participants.
Is the JUP token live?
Not yet. The token is expected to launch soon—keep an eye on official sources for updates.
Participating in crypto airdrops can be a rewarding way to engage with new projects and ecosystems. By understanding how the Jupiter airdrop works and taking consistent action, you can position yourself for potential benefits in the growing Solana DeFi space.