EddieJayonCrypto
28 Dec 24
Jupiter, a DEX Aggregator platform on Solana, has announced the details of its second airdrop scheduled for January 2025. The airdrop will consist of 700 million JUP, valued at $581 million. It will be distributed among two groups: 500 million JUP for Users and Stakers, and 200 million JUP for Carro...
Jupiter, a DEX Aggregator platform on Solana, has revealed the details of its upcoming second airdrop set for January 2025. This airdrop will involve 700 million JUP, amounting to $581 million, and will be distributed among various user groups. Out of a total of 10.65 million wallets, approximately 2.32 million are eligible, with 22% meeting the swap volume criteria. The first airdrop earlier this year, which was one of Solana's largest, led to a 300% price surge. However, since the announcement of the criteria for the second airdrop, the JUP price has not experienced significant changes. Presently, Jupiter has a circulating supply of 1.35 billion and a proposed burn of 3 billion JUP, with 95% approval. Moreover, Jupiter's total value locked stands at over $2.4 billion, with daily Perps volume averaging $1.5 billion. The allocation plan for the upcoming airdrop includes 500 million JUP for Users and Stakers, and 200 million JUP for Carrots and Good Cats. Among eligible wallets, 2 million meet the swap volume criteria, while 320,000 belong to Expert Traders. The platform's data suggests a growing demand for trading on Jupiter, as evidenced by the substantial total value locked and daily Perps volume.