JupSOL

Liquid staking with the Jupiter validator. Earn staking rewards, MEV, and priority fees while keeping your SOL liquid.

JupSOL is a liquid staking token (LST) that represents SOL staked with the Jupiter validator. It is built on Sanctum’s SPL Stake Pool Program.

Unlike native staking, JupSOL gives you a token you can hold, transfer, trade, or use in DeFi while your SOL remains staked and earning rewards.

Contract address: jupSoLaHXQiZZTSfEWMTRRgpnyFm8f6sZdosWBjx93v

What is a Liquid Staking Token?

A Liquid Staking Token (LST) is a token that represents staked SOL. When you stake SOL through an LST, your SOL is delegated to validators who secure the Solana network. In return, you receive a token that:

• Earns staking rewards automatically
• Can be traded, transferred, or used in DeFi
• Can be redeemed for the underlying SOL at any time

With native staking, your SOL is locked until you unstake (~2 days). LSTs remove this constraint by giving you a liquid token while your SOL remains staked.

How JupSOL Accrues Value

JupSOL uses an exchange-rate model. The JupSOL/SOL ratio increases over time as staking rewards accrue to the pool.

• The number of JupSOL in your wallet stays the same
• Each JupSOL becomes redeemable for more SOL over time
• You do not need to claim rewards manually

Because the exchange rate has moved since launch, 1 SOL deposited today returns less than 1 JupSOL. This is expected. Your JupSOL still represents the full value of your deposit plus future rewards.

How to Get JupSOL

There are two paths to acquire JupSOL.

Deposit via Jupiter Stake

On the Jupiter Stake page, select the JupSOL tab. Deposit SOL directly into the pool and receive JupSOL in return.

No deposit fee is charged on this path.

Swap via Jupiter

Swap any token for JupSOL using the Jupiter aggregator. The aggregator finds the best available route. Standard swap fees apply depending on the route.

Exiting JupSOL

There are two ways to convert JupSOL back to SOL.

Instant swap

Swap JupSOL for SOL (or any other token) through Jupiter. This uses the aggregator and standard swap fees apply. If the route requires unwrapping JupSOL from the pool, a 0.1% withdrawal fee applies.

Delayed Unstake

On Jupiter Stake (JupSOL tab), use Delayed Unstake. Your JupSOL is converted into a stake account that needs to be deactivated before withdrawal. This process takes approximately 2 days (one epoch). Once complete, you can claim your SOL.

Rewards

JupSOL holders earn yield from three sources. All rewards accrue automatically to the pool, increasing the JupSOL/SOL exchange rate. There is no manual claim.

Source	Description
Staking rewards	Base rewards from the Solana network for securing the chain. Distributed every epoch (~2-3 days).
MEV rewards	100% of MEV kickbacks collected by the Jupiter validator are passed to the JupSOL pool.
Priority fees	100% of transaction priority fees collected by the Jupiter validator are passed to the JupSOL pool.

The Jupiter validator operates with a 0% commission rate. No split is taken before rewards reach the pool.

Fees

Pool Fees

Fee	Amount	Notes
SOL deposit fee	0%	No fee to deposit SOL into the pool
Withdrawal fee	0.1%	Applied when withdrawing SOL or a stake account from the pool. Also applies on swaps if the route requires unwrapping JupSOL.
Management fee	0%
Validator commission	0%

Sanctum Epoch Fee

A 5% fee on base staking rewards is applied each epoch. This fee does not apply to MEV or priority fee rewards.

The 5% is split equally:

Recipient	Share	Notes
Sanctum	2.5%	Infrastructure provider
Jupiter DAO treasury	2.5%	Not the Jupiter team

This fee is standard across all LSTs deployed through Sanctum’s SPL Stake Pool Program.

Using JupSOL in DeFi

JupSOL is a standard SPL token and can be used across the Solana DeFi ecosystem. Here are the main integrations.

Jupiter Lend

You can supply JupSOL as collateral on Jupiter Lend. Staking rewards continue to accrue while your JupSOL is used as collateral, since the JupSOL/SOL exchange rate keeps increasing regardless of where the token is held.

Other protocols

JupSOL can be used in lending platforms, liquidity pools, and other DeFi protocols that support it. Jupiter does not endorse or guarantee any third-party protocol.

Security

SPL Stake Pool Program

JupSOL is built on Sanctum’s SPL Stake Pool Program (SanctumSplMulti deployment).

• Audited 9 times by multiple security firms
• Has secured over $4B in staked SOL across the ecosystem without exploits
• Separate from the Single Pool Program (Solana Foundation) used by Native Staked Vaults

Audit reports are available in Sanctum’s documentation.

Multisig Governance

The upgrade authority of the program is held by an 11-member multisig with a threshold of 6 (majority required).

Multisig members: Jito, Jupiter, Laine, Mango, MRGN, Solblaze, SolanaFM, and Sanctum.

The program address and multisig can be verified on Solscan.

Management Authority

Day-to-day management of JupSOL (setting up the pool, delegating deposited SOL) is handled by Sanctum. Important constraints on the management authority:

• It cannot steal funds, even if compromised
• Fee changes are capped and require advance warning, giving users time to withdraw before any change takes effect

Risks

JupSOL, like all liquid staking tokens, carries risks. These should be understood before depositing.

Smart contract risk

JupSOL relies on the SPL Stake Pool Program. While audited 9 times and battle-tested with billions in value, no smart contract is guaranteed to be free of vulnerabilities.

Market price deviation

The market price of JupSOL can temporarily fall below its redeemable value (the amount of SOL you would receive by withdrawing from the pool). This is not a loss of underlying SOL. It typically happens during large sell-offs and is usually resolved by arbitrage. However, if you are using JupSOL as collateral on a lending protocol, a temporary price deviation could trigger liquidation.

Liquidity risk

During periods of high market stress, available liquidity for swapping JupSOL back to SOL may be reduced, potentially increasing slippage or making instant swaps temporarily less favorable.

Variable rewards

Staking rewards depend on validator performance and network conditions. They are not fixed and can fluctuate from epoch to epoch.

Regulatory uncertainty

The regulatory environment for staking and liquid staking products continues to evolve and may change.

Resources

Resource	Link
JupSOL token page	jup.ag
Jupiter validator (Solana Beach)	solanabeach.io
Jupiter validator (validators.app)	validators.app
JupSOL on Sanctum	app.sanctum.so
JupSOL/SOL oracle	Solscan
JupSOL/SOL Pyth feed	Solscan
SPL Stake Pool Program (multisig)	Solscan
Sanctum LST documentation	learn.sanctum.so
Sanctum audit reports	learn.sanctum.so