Trading Volume on Jupiter Rises to $1.4B Following Token Launch

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Jupiter, a DEX aggregator on Solana, has achieved a record daily trading volume of $1.4 billion with the launch of its native token, JUP.

There were a total of 1.57 million transactions and 288,260 unique wallets during this period. The most popular trading pair was USDC/JUP, with a volume of $218 million.

On January 31, the project distributed a second round of airdrops to community members, but only 45% of eligible wallets (430,555) have claimed their share of 634 million JUP according to Dune data.

The average token price on decentralized exchanges is $0.61, and major centralized exchanges like Bybit, Binance, Bitfinex, and OKX have also listed JUP.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.