Jupiter Exchange Basics (1-20)
1. What is Jupiter Exchange?
A DEX aggregator on Solana that optimizes token swaps across multiple decentralized exchanges.
2. When was Jupiter Exchange launched?
October 2021, founded by pseudonymous developers led by Meow.
3. What blockchains does Jupiter support?
Primarily Solana, with no multi-chain support as of April 2025.
4. How does Jupiter differ from other DEXs?
It’s an aggregator, not a single DEX, routing trades through platforms like Raydium and Orca for the best rates.
5. What wallets are compatible with Jupiter?
Solana wallets like Phantom, Solflare, and Backpack.
6. Is Jupiter Exchange open-source?
Partially; core routing logic is public, but some proprietary elements remain closed.
7. What tokens can I trade on Jupiter?
Any Solana-based token listed on integrated DEXs, including SPL tokens.
8. What are Jupiter’s fees?
No platform fees; users pay only Solana network gas fees and DEX-specific costs.
9. How does Jupiter ensure low slippage?
By splitting trades across multiple liquidity pools and optimizing routes.
10. Can I stake tokens on Jupiter Exchange?
No direct staking; staking is tied to JUP tokens via the DAO.
11. What is the Jupiter Perpetual platform?
A futures trading platform launched in 2023, integrated with Jupiter for leveraged trading.
12. How fast are transactions on Jupiter?
Near-instant, leveraging Solana’s high throughput (typically under 1 second).
13. Is Jupiter Exchange audited?
Yes, by firms like OtterSec and Halborn, with audits published periodically.
14. What is the Jupiter mobile app?
A 2024 release allowing swaps and DAO voting on iOS and Android.
15. Can I bridge tokens using Jupiter?
No native bridging; users rely on external bridges like Wormhole.
16. What is Jupiter’s market share on Solana?
As of 2025, it handles over 70% of Solana DEX volume.
17. How does Jupiter handle failed transactions?
Failed swaps refund tokens, though gas fees are non-refundable.
18. What is the Jupiter API?
A developer tool for integrating Jupiter’s swap functionality into dApps.
19. Is Jupiter available globally?
Yes, as a decentralized platform, though local regulations may apply.
20. Who runs Jupiter Exchange?
Originally the Meow team; now governed by the Jupiter DAO since 2024.
JUP Token Mechanics (21-40)
21. What is the JUP token?
Governance token for the Jupiter DAO, not used for fees or swaps.
22. When was JUP launched?
January 31, 2024, via an airdrop to early users.
23. What is the total supply of JUP?
Initially 10 billion; reduced by burns (e.g., 30% in 2025).
24. How do I get JUP tokens?
Via airdrops (e.g., Jupuary), trading on DEXs, or governance rewards.
25. What wallets support JUP?
Any Solana wallet, like Phantom or Solflare.
26. Can I stake JUP tokens?
Yes, by locking them for voting power in the DAO.
27. What is the JUP staking reward?
Quarterly distributions from 100 million JUP tokens allocated to voters.
28. How long can I lock JUP for?
Flexible periods, typically 1-12 months, with longer locks yielding more votes.
29. What exchanges list JUP?
DEXs like Jupiter itself, plus CEXs like Binance and Kraken.
30. What’s the value of JUP in April 2025?
Hypothetical; assume market-driven, often tied to Solana’s price.
31. Why burn JUP tokens?
To reduce supply and potentially increase value, as voted in 2025.
32. How many JUP tokens were airdropped?
1 billlion in January 2024, with more in subsequent Jupuary events.
33. Can JUP be used for fees?
No, it’s strictly for governance.
34. What’s the JUP token contract address?
JUP: JUPyiwrYJFskUPiHa7hkeR8VUtAeFoSYbKedZNsDvCN (Solana).
35. How is JUP distributed?
50% community (airdrops, rewards), 20% team, 30% DAO treasury.
36. What’s the vesting schedule for team JUP?
4-year vesting with a 1-year cliff, starting 2024.
37. Can I delegate my JUP votes?
Yes, to trusted community members via the DAO platform.
38. What happens to unclaimed airdrop JUP?
Reallocated to future community initiatives or burned.
39. Is JUP inflationary?
No, it’s deflationary with planned burns.
40. How does JUP impact Jupiter Exchange?
It ties governance to the platform’s success, not operations.
Jupiter DAO Governance (41-60)
41. What is the Jupiter DAO?
A community-run organization governing Jupiter Exchange via JUP token votes.
42. When did the DAO launch?
March 2024, with its first vote on March 7.
43. How do I join the Jupiter DAO?
Hold and lock JUP tokens to vote on proposals.
44. What’s the minimum JUP to vote?
No strict minimum, but 1 JUP = 1 vote when locked.
45. How often are DAO votes held?
Weekly, with major proposals monthly.
46. What’s the LFG Launchpad?
A DAO-voted program to fund and launch new Solana projects.
47. How are proposals submitted?
Via the Jupiter governance portal, requiring a JUP threshold (e.g., 100,000).
48. What’s the quorum for DAO votes?
Typically 40% of locked JUP must participate.
49. How long do votes last?
7 days, unless expedited by the Working Group.
50. What’s the Jupiter Working Group?
A community-elected team executing DAO decisions.
51. Can I propose a token burn?
Yes, if it meets proposal criteria and gains support.
52. What’s the DAO’s budget?
$10M USD and 100M JUP, plus Launchpad fee revenue.
53. How are DAO funds spent?
On development, grants, marketing, and rewards, per votes.
54. What was the first DAO vote?
LFG Launchpad selection (Sanctum, Sharky) on March 7, 2024.
55. Can the DAO change Jupiter’s code?
Yes, via funded development proposals.
56. What’s the voting power formula?
1 locked JUP = 1 vote, scaled by lock duration.
57. How transparent is the DAO?
Fully on-chain, with votes and funds trackable.
58. Can I earn JUP by voting?
Yes, via quarterly governance rewards.
59. What’s the Catstanbul conference?
A 2025 DAO-funded event tied to Jupuary.
60. Can the DAO dissolve itself?
Theoretically, via a supermajority vote.
Ecosystem and Events (61-80)
61. What is Jupuary?
Annual airdrop event starting January 2024, with burns and rewards.
62. What happened in Jupuary 2025?
30% JUP burn and airdrop, aligned with Catstanbul.
63. What’s the LFG Launchpad’s purpose?
To bootstrap promising Solana projects with DAO support.
64. Which projects launched via LFG?
Sanctum, Sharky, and others since 2024.
65. How does Jupiter integrate with Solana?
Via Solana’s smart contracts and SPL token standard.
66. What’s the Jupiter community size?
Over 1 million active users as of 2025.
67. Are there Jupiter partnerships?
Yes, with DEXs like Orca and dApps like Drift.
68. What’s the Jupiter Discord?
A hub for community discussion and support.
69. How does Jupiter handle hacks?
No major breaches; relies on Solana’s security.
70. What’s the Jupiter roadmap?
DAO-driven, focusing on mobile, perps, and governance.
71. What’s the Jupiter Grants Program?
DAO-funded initiative for ecosystem development.
72. Can I build on Jupiter?
Yes, via the API and grant funding.
73. What’s the Jupiter NFT connection?
Limited; some Launchpad projects involve NFTs.
74. How does Jupiter support DeFi?
By enhancing liquidity and accessibility on Solana.
75. What’s the Jupiter Treasury?
DAO-managed funds for operations and growth.
76. Are there Jupiter AMMs?
No, it aggregates existing AMMs.
77. What’s the role of Meow?
Founder pseudonym; now a community figurehead.
78. How does Jupiter handle KYC?
No KYC; it’s fully decentralized.
79. What’s the Jupiter Forum?
A governance discussion platform launched in 2024.
80. Can Jupiter expand to other chains?
DAO could vote for it, but no plans as of 2025.
Technical and Miscellaneous (81-100)
81. What’s Jupiter’s smart contract language?
Rust, like Solana’s native environment.
82. How secure is Jupiter?
Audited and battle-tested, though DeFi risks remain.
83. What’s the Jupiter backend?
Decentralized nodes on Solana, with some off-chain optimization.
84. Can Jupiter handle high volume?
Yes, thanks to Solana’s scalability.
85. What’s the Jupiter UI like?
Clean, user-friendly.
86. How does Jupiter calculate prices?
Real-time aggregation from DEX pools.
87. What’s the Jupiter slippage tolerance?
Adjustable, defaulting to 0.5%.
88. Can I cancel a Jupiter swap?
No, once confirmed on-chain, it’s final.
89. What’s the Jupiter gas cost?
Minimal, often <0.0001 SOL per swap.
90. How does Jupiter handle liquidity?
By tapping into Solana’s DEX ecosystem.
91. What’s the Jupiter legal status?
Decentralized, no formal entity; DAO governs.
92. Can Jupiter be shut down?
Not easily, as it’s on-chain and community-run.
93. What’s the Jupiter team size?
Unknown; pseudonymous and DAO-driven. (Team,WGs etc)
94. How does Jupiter handle bugs?
Via community reports and DAO-funded fixes.
95. What’s the Jupiter whitepaper?
No formal whitepaper; docs on jup.ag suffice.
96. Can I run a Jupiter node?
Not applicable; it’s not a blockchain.
97. What’s the Jupiter mascot?
A cat, tied to founder Meow’s persona.
98. How does Jupiter handle spam tokens?
Filters via verified token lists.
99. What’s the future of Jupiter?
DAO-dependent; likely more features and events.
100. Where can I learn more about Jupiter?
Official site (jup.ag), Discord, and X (@JupiterExchange).