• Ticker: JUP
• Network: Solana
• Category: DeFi
• Address: Solscan

About JUP

JUP is the governance token of Jupiter, a DeFi liquidity aggregator protocol built on Solana.
While SOL powers all transactions and operations on Jupiter (including swaps, limit orders, and bridging), JUP is used to govern the protocol, support liquidity programs, and incentivize ecosystem growth. Jupiter connects users to the best trading prices across Solana’s decentralized exchanges (DEXs), offering tools like optimized swaps, limit orders, dollar-cost averaging (DCA), and a launchpad for token projects.

Key Points of JUP

• Governance Role: JUP holders can participate in voting on key protocol decisions, such as launchpad projects, grant allocations, and other ecosystem initiatives.
• Ecosystem Incentives: JUP supports liquidity programs and potential airdrops, encouraging community engagement.
• Jupiter Operations Powered by SOL: All trading and operational activities on Jupiter use SOL for gas fees and transactions.

FAQ

1. What is JUP used for?

JUP serves the following purposes:

• Governance: JUP holders vote on key proposals that shape Jupiter’s future (governance features are still evolving).
• Liquidity Programs: JUP supports liquidity initiatives and ecosystem growth.
• Incentives: JUP may be used for future incentive campaigns or airdrops.

2. How does Jupiter work?

Jupiter is a liquidity aggregator that connects users to the best token swap prices across Solana’s DEXs. It uses smart routing algorithms to optimize every trade, ensuring low slippage and competitive rates.

Example:
Ana wants to swap SOL for a trending memecoin on Solana. Instead of checking multiple DEXs manually, she uses Jupiter, which automatically finds the best price across all available platforms. Ana completes the swap through Jupiter—saving time and getting the best rate available.

3. How can I buy JUP on Bitso?

Buying JUP on Bitso is simple:

1. Log in to your Bitso account or sign up if you don’t have one.
2. Go to “Buy/Sell” and select any of your available fiat currencies (MXN, ARS, BRL, COP, or USD) as your base.
3. Choose JUP as the token you want to purchase.
4. Enter the amount, review the details, and confirm your transaction.
5. Track the token’s performance directly in the app.

JUP is currently available only for conversions in the Bitso app. This means:

• External deposits and withdrawals are not enabled at this time.
• JUP will not be available for trading on Bitso Alpha.
• You can send and receive JUP with other Bitso users via Bitso Transfer.

Disclaimer

This Help Center article is for informational purposes only and does not constitute financial advice. JUP is the governance token of Jupiter, a liquidity aggregator protocol on Solana. All operational activities on Jupiter are powered by SOL, while JUP governs ecosystem decisions and supports liquidity programs. The value of JUP is speculative and may fluctuate based on market dynamics and ecosystem participation.

Bitso encourages all users to conduct their own research (DYOR) before buying, selling, or trading digital assets. Always invest responsibly.