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Initial allocation

Details about the initial allocation of JUP and the original tokenomics structure can be found in this post from Meow, co-founder of Jupiter.

Team vesting

All team members are on a standard vesting schedule: 1-year cliff followed by 3 years of linear vesting. Team tokens vest onchain and can be viewed on Jupiter Lock.
Locked tokens cannot earn ASR. Team members are only eligible for Active Staking Rewards on tokens that have fully vested and been staked through the governance program.
There are no advisory payments to insiders from the Foundation. All team compensation comes exclusively from the team token allocation and is subject to the vesting schedule described above.

Supply and burns

Jupiter conducted a community-approved supply reduction. Details of the proposal and its rationale are available in the Supply Reduction Proposal. The Litterbox Trust, which receives 50% of Jupiter’s onchain revenue, has also burned approximately 134 million JUP to date. See Transparency for more on the Litterbox Trust. For the current unlock schedule and circulating supply data, see the JUP unlock schedule on CoinMarketCap.

Token issuance transparency

Jupiter publicly discloses all token issuance events, including minting and airdrops.
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Unissued token wallets

Unissued token wallets are publicly reviewed approximately every 6 months through community audits. The wallet addresses and full breakdown can be found in the most recent JUP Community Audit (February 2025).

Future tokens

The Jupiter team will not launch any additional governance or protocol tokens. JUP is and will remain the only governance token for Jupiter. The team may issue receipt tokens tied to specific products (e.g. LP position receipts, liquid staked tokens) as part of its product suite. These do not dilute JUP economics or governance rights.
The co-founders of Jupiter are also the co-founders of Meteora. Meteora may launch its own token in the future. Meteora’s revenue does not flow through Jupiter entities, and its balance sheets are kept entirely separate.