Jupiter Perpetuals Liquidity Provider Token

JLP

Other, balanced weights

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.22–

Transparencywithheld×0.17–

Revenuewithheld×0.16–

Innovationwithheld×0.18–

Communitywithheld×0.13–

Tokenomicswithheld×0.14–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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About Jupiter Perpetuals Liquidity Provider Token

Analysis of 6 Feb 2026

Jupiter Perpetuals Liquidity Provider Token is the liquidity backbone of Jupiter Perpetuals, representing a proportional share of a diversified pool containing SOL, ETH, WBTC, USDC, and USDT that serves as counterparty to leveraged traders. As of February 6, 2026, JLP trades at $3.61, down 24% from $4.74 in late January, with 24-hour trading volume of $58.1M.

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JLP holders earn 75% of all platform fees, currently yielding approximately 14.5% APY from trading fees, down from the 21% peak in October 2025 as trading volumes declined. Jupiter maintains market dominance with 93.6-95% DEX aggregator market share on Solana but faces severe competition in perpetuals, ranking 5th with $1.1B weekly volume compared to market leader Hyperliquid at $40B weekly.

In January 2026, Jupiter launched JupUSD stablecoin backed 90% by USDtb (collateralized by BlackRock BUIDL fund) via Ethena Labs partnership, with $500M of JLP reserves transitioning to JupUSD. Recent developments include Polymarket integration announcement and $35M investment from ParaFi in February 2026.

Jupiter has expanded into lending with Jupiter Lend and announced Jupiter Offerbook P2P lending for Q1 2026.

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