Jupiter Exchange has announced a massive airdrop of 700 million JUP tokens in January. This project intends to reward active community members, promote liquidity, and boost engagement within the Jupiverse ecosystem. Scheduled before the highly anticipated Catstanbul event on January 25, the airdrop is designed to attract new users and improve the platform’s decentralized network.
Jupiter Exchange Airdrop
In a thorough release posted on X on January 4, Jupiter Exchange creator Lochi Jarvis announced the anticipated 700 million JUP token airdrop for January. This endeavour aims to reward active users, recognize community contributions, and continue growing the Jupiverse ecosystem.
The airdrop has two main parts: tokens for trading experience and volume of swaps and community-driven incentives, or “carrots.” Users who make significant efforts, such as recruiting new members, taking on leadership roles, creating content connected to JUP, and engaging in forums like X, Reddit, and Discord, will be eligible to receive awards.
The allocation of tokens is an important consideration. As announced yesterday, the community and the team will split JUP allocations 50/50, with the majority of the team’s portion being vested until 2027.
Detailed Look Into The JUP Airdrop
Users’ swap volumes and trading activity determine the allocation for the Jupiter Exchange airdrop, which follows a tiered approach. A snapshot captured all valid activities between November 2, 2023, and November 2, 2024. All transactions under $5, swaps between stablecoins, and bot-like activities are prohibited.
Users can earn 50 JUP tokens during the airdrop, equivalent to $800 in swap volume. Only wallets that fulfil these requirements will be eligible for awards; wallets that are compromised or participated in later will not be eligible.
On the other hand, the event is anticipated to be released between January 18 and 24, with the precise date being determined one week before the Catstanbul update on January 25. An airdrop checker tool will be launched a few days before to ensure everything is fair and transparent.
Jupiter Exchange will also burn 30% of its tokens during Catstanbul on January 26, 2025. This distribution highlights the project’s dedication to cultivating a robust and active community and supporting decentralized growth.
JUP Price Trends and Market Activity
The current price of JUP is $0.95, with a possible 24-hour trading range of $0.91 to $0.97. The token’s 20% increase in value over the last seven days indicates rising investor enthusiasm and optimism. The market capitalization of the top Solana Coin is $1.29 billion. Its $120 million in trade volume is up 15% from yesterday.
DefiLlama found that the Solana-based project handled $3.15 billion worth of trades in the past day. The market’s dynamics might change if more tokens are injected into circulation through the Jupiter Exchange airdrop.
With numerous projects preparing for massive deliveries, 2025 has all the makings of a banner year for airdrops. JUP Token Airdrop: If everything goes according to plan, this crypto airdrop will be one of the best in 2025.
FAQs
How can users participate in the airdrop?
Users can earn tokens by trading and engaging in community activities like content creation or recruiting new members.
What is the eligibility for the airdrop?
Only wallets meeting specific criteria, including valid trading activity from November 2023 to November 2024, will be eligible.
When will the airdrop take place?
The airdrop is scheduled between January 18 and 24, 2025, with an official date confirmed a week before the Catstanbul event.
What other actions is Jupiter Exchange taking?
Jupiter Exchange will burn 30% of its tokens during the Catstanbul event on January 26, 2025, to support decentralized growth.
