jupiter-perpetuals-liquidity-provider-token (JLP) is a DeFi asset on the Solana blockchain. It represents a share in a liquidity pool backing leveraged trading on the Jupiter Perpetuals platform. Liquidity providers deposit assets into the pool, receive JLP tokens, and earn fees from traders who borrow against the pool to open leveraged positions.
Traditional perpetual exchanges rely on centralized systems, which can be costly, slower, and expose users to counterparty risks. jupiter-perpetuals-liquidity-provider-token was designed to address these issues by:
The native token of the platform is JLP, which serves as both a liquidity provider share and a yield-generating asset. Its main functions include:
Jupiter launched Perpetuals trading with up to 100× leverage and introduced the JLP token.
JLP became publicly tradable, backed by a basket of assets and trading fees.
Jupiter airdropped JUP governance token, boosting ecosystem adoption and indirectly strengthening JLP.
JLP enabled as collateral for USDC loans, unlocking $150M in lending pools.
ROI | PRICE | MARKET CAP | INVESTMENT |
---|---|---|---|
1xx | $5.48 | $1.9B | |
0.01xx | $0.03 | $10.0M | $2.565 |
0.01xx | $0.07 | $25.0M | $6.412 |
0.03xx | $0.14 | $50.0M | $12.823 |
0.05xx | $0.28 | $100.0M | $25.647 |
0.13xx | $0.70 | $250.0M | $64.117 |
0.26xx | $1.41 | $500.0M | $128.235 |
0.38xx | $2.11 | $750.0M | $192.352 |
0.51xx | $2.81 | $1.0B | $256.47 |
1.54xx | $8.43 | $3.0B | $769.409 |
2.56xx | $14.05 | $5.0B | $1,282.348 |
ATHx | $5.54 | $2.0B | $505.474 |