Solana-based trading aggregator Jupiter is set to commence its highly anticipated JUP token airdrop today at 23:00 UTC (January 31) through its dedicated Launchpad platform. This event marks one of the most significant token distributions of 2024, with approximately 955,000 qualifying wallets identified for participation.
Key Details About the JUP Airdrop
- Eligibility: Wallets that interacted with Jupiter's protocol before the November 2, 2023 snapshot qualify
Distribution Breakdown:
- 20% allocated equally across all eligible wallets
- 70% distributed based on protocol usage metrics (score-based allocation)
- 10% reserved for community members and developers
- Verification Tool: Jupiter provides an eligibility checker for users to confirm their participation status
👉 Check your JUP airdrop eligibility now
Tokenomics and Future Distribution Plans
The Jupiter ecosystem has minted 10 billion JUP tokens, with half allocated for community distribution through:
Four phased airdrops (totaling 4 billion JUP)
- Initial airdrop: 1 billion JUP (available today)
- Community grants and contributions (1 billion JUP)
Team and ecosystem needs (5 billion JUP), including:
- Liquidity pools
- Development funds
Circulating Supply and Vesting Schedule
Initial circulating supply: 1.35 billion JUP
- 1 billion JUP for airdrop claims
- 250 million JUP for launch pools
- 50 million JUP for CEX market maker loans
- 50 million JUP for liquidity pool requirements
- Team vesting: Begins January 2025 with a 2-year unlock period
Future Airdrop Opportunities
While Jupiter plans additional airdrops for new users, no concrete timeline exists for subsequent distributions. The protocol emphasizes long-term community building through its multi-phase token distribution strategy.
Frequently Asked Questions
How do I claim my JUP tokens?
Eligible users can claim through Jupiter's official Launchpad platform at the designated time. Connect your Solana wallet to verify eligibility.
What's the value of JUP tokens?
Token valuation will be determined by market dynamics post-launch. Jupiter has not released official price projections.
Can I still qualify if I missed the snapshot?
The current airdrop only includes pre-November 2023 users, but future distributions may include new participants. Stay updated through Jupiter's official channels.