jupiter

Jupiter announced a strategic investment of $35 million from ParaFi Capital to accelerate the construction of on-chain financial infrastructure.

Jupiter announced on the X platform that it will integrate the prediction market Polymarket. This integration will make Jupiter an innovative prediction platform on Solana, allowing users to directly use Polymarket through the built-in "prediction" feature in the Jupiter App.

Jupiter has announced the launch of its global on-chain real-world payment feature, Jupiter Global, with the following main functionalities:On-chain QR code payment: Payments can be made across merchants in the Asia-Pacific region with 0% fees and instant settlement through local payment channels. Global fiat remittance: Virtual USD, GBP, and EUR accounts support SWIFT transfers to over 200 countries/regions, enabling fast local payments in more than 15 currencies. Jupiter Card: A premium cryptocurrency credit card that can be used to spend USDC at over 150 million merchants.

Jupiter announced the launch of the Solana ecosystem explorer, integrating Solscan and DefiLlama data to build a discovery layer for the entire Solana.It now supports any user to view the complete status of projects through a single view: including project financials (fees, revenue, TVL); social media presence (tweets, followers, updates); user activity (transactions, growth); products and tokens.

According to The Kobeissi Letter, Coinbase has announced the direct integration of the Jupiter exchange into its on-chain trading platform, meaning that millions of Solana-based tokens can now be traded on Coinbase via Jupiter for the first time.Coinbase no longer needs to slowly and manually list tokens on its centralized order book as before; instead, it leverages on-chain technology to allow users instant access to Solana native assets.With this integration, users can trade tokens using their existing Coinbase balance and payment methods through self-custody wallets.

The Solana ecosystem DEX Jupiter announced on the X platform that the initial intention of launching the stablecoin JupUSD is to focus on security, inclusiveness, and transparency. Currently, JupUSD is still in the early stages and will continue to develop within the project and the ecosystem:JupUSD will actively return native treasury earnings to the ecosystem;The JupUSD reserves are supported by 90% BlackRock BUIDL fund and 10% USDC;Providing JupUSD on Jupiter Lend will earn native treasury earnings;The interest-bearing asset jlJupUSD can be used as a core composable trading token and DeFi foundational module, just like JLP;Jupiter will seek more stablecoin use cases, integrations, and partnerships to enhance JupUSD.

Coinbase has announced that Jupiter (JUPITER) is now open for trading to residents of New York State, allowing users to buy, sell, convert, store, and transfer through the official website and mobile app. Coinbase holds a virtual currency business license issued by the New York State Department of Financial Services.

According to official news, Jupiter has announced the launch of the reserve-backed dollar stablecoin JupUSD, built on Ethena Labs technology. Initially, 90% of the reserve assets will consist of USDtb. USDtb is a licensed stablecoin that meets the requirements of the GENIUS Act, with asset collateral provided by BlackRock's BUIDL fund. At the same time, 10% of USDC is set aside as a liquidity buffer and paired with the secondary liquidity pool on Meteora.In the future, Jupiter plans to gradually convert part of the reserves into USDe to further enhance the flexibility, resilience, and capital efficiency of the Jupiter ecosystem.In addition, its codebase has been fully open-sourced and completed three independent audits conducted by Offside Labs, Guardian, and Pashov Audit Group before going live.Although JupUSD itself does not generate yield, it is deeply integrated with Jupiter Lend, allowing for borrowing, long/short leverage operations, and exclusive benefits.

Jupiter co-founder Meow posted on the X platform that Jup Mobile has undergone a significant upgrade. This version is developed entirely natively and has undergone core optimizations, aiming to enhance performance, leveraging Jupiter's full-stack technical expertise, with the goal of becoming the highest-performing crypto application. Over the next 21 days, the team will continue to demonstrate the necessity of the application and iterate based on feedback.Jup Mobile was collaboratively developed by the mobile team, data and infrastructure team, trading engine team, and user growth team. Previously, Jupiter officially stated that the V3 version has made comprehensive improvements in token discovery, token analysis, and trading user experience, aiming to transform mobile devices into professional trading workstations, with costs reduced by 10 times compared to other mobile applications. This version supports a full range of needs from everyday exchanges to high-frequency trading, allowing users to operate without using a DApp browser or avoiding in-app exchanges to evade high fees.

The founder of Solana, toly, responded to Jupiter's co-founder on the X platform regarding the question of "whether to continue token buybacks or provide growth incentives for existing users." He stated: "Capital formation itself is very difficult; traditional finance usually takes more than 10 years to truly complete capital accumulation. Compared to buybacks, I believe a more reasonable path is to replicate this long-term capital structure.In the crypto industry, the mechanism closest to this is actually staking. Participants willing to hold long-term will, by design, dilute those who are not willing to hold long-term. The protocol can accumulate profits as future protocol assets that can be claimed by tokens, allowing users to lock up and stake for a year to earn token rewards. As the protocol's balance sheet continues to expand, those who choose long-term staking will gain a larger share of actual equity. The equity itself is linked to the protocol's future profits, which will continue to grow with future earnings."

According to data from cryptodiffer, in 2025, the DeFi protocols ranked by total fees generated are Meteora, Jupiter, and Uniswap, which hold the first, second, and third places respectively, all exceeding $1 billion, with $1.25 billion, $1.11 billion, and $1.06 billion.

Solana ecosystem DEX Jupiter announced on the X platform that multiple product and infrastructure upgrades will be launched, mainly including: Jupiter Lend ending testing and becoming open source, the stablecoin JupUSD launching soon, upgrading the token verification and data platform VRFD, launching a unified management platform for developers, integrating professional trading terminals, optimizing the rewards and incentive mechanisms, and announcing the acquisition of Rainfi to expand on-chain lending and asset liquidity.

Jupiter officially announced on X that Jupiter Lend is now open source and has officially ended its closed testing phase.

Jupiter's Chief Operating Officer Kash Dhanda announced several product updates for Jupiter at the Solana Breakpoint conference:Jupiter Lend officially ends its public beta today and is fully open-sourced, with the code now available in the repository;Jupiter launched Jupiter Terminal, providing an on-chain trading experience, along with features like real-time wallet tracking;Jupiter will introduce the Jupiter Rewards Hub, establishing a $1 million reward pool to incentivize trading and referrals;Jupiter will release a developer platform, offering API documentation, real-time analytics, and debugging support;In addition, Jupiter announced the launch of the DeFi-focused stablecoin JUP USD, which will go live with trading and earning features next week; the Jupiter team has acquired RainFi and plans to jointly launch a peer-to-peer lending product, Jupiter Orderbook, in the first quarter of next year.

According to official news, Plume (PLUME) and Jupiter (JUPITER) will launch spot trading on December 9, 2025. The platform is expected to open the PLUME-USD and JUPITER-USD trading pairs at 9:00 AM Pacific Time on the 9th (01:00 AM Beijing Time on December 10) or later, depending on liquidity conditions, in regions that support trading. Theoriq (THQ) will also be added to the roadmap.

Jupiter officially announced on social media at 23:40 Beijing time today that the public sale round of HumidiFi (WET) has started, and the shares were once again sold out in an instant.It is worth noting that, due to the previous public sale round being snatched up by "bots" in just 1 second, Jupiter decided to restart the public sale this Monday, originally scheduled for 23:00 Beijing time tonight, but was postponed 3 times thereafter. Jupiter DTF once indicated that this public sale was delayed until December 9 at 0:00, but ultimately "changed its mind" again.Currently, Jupiter's latest tweet still states that the public sale round of HumidiFi (WET) will start at 0:00 on December 9, while Jupiter DTF shows that this public sale has ended (the countdown for the public sale round is no longer displayed).

The president of the Solana Foundation, Lily Liu, posted on social media, "Hey, Kamino and Jupiter. Overall, our lending market is about $5 billion. Ethereum is roughly 10 times that. The collateral market in traditional finance is countless times larger than both.We can poke fun at each other (like 'one-click conversion of lending positions', making jokes out of others' offhand comments, etc.), or we can choose to focus our energy on capturing more market share from the entire crypto industry and ultimately moving towards traditional finance."It is reported that Jupiter's Chief Operating Officer, Kash Dhanda, recently responded to community concerns, stating that the team's previous claim on social media that the Jupiter Lend treasury had "zero contagion risk" was inaccurate. Jupiter had earlier promoted its lending treasury as having a "risk-isolated" structure and claimed that there would be "no cross-contamination between trading pairs, thus eliminating any contagion risk." This content has since been removed.Last week, the Solana lending platform Kamino banned the migration tool for Jupiter Lend due to concerns that the related risk model misled users, and its co-founder publicly criticized Jupiter's risk statements.