Jupiter Exchange, one of Solana’s largest decentralized exchanges, is starting 2025 with a bang. The platform has announced a massive 700 million JUP token airdrop this January, offering users a chance to earn rewards and join the growing Jupiverse ecosystem.
Here’s a closer look at this exciting opportunity.
Details of the Airdrop
Jupiter Exchange’s founder, Lochie Jarvis, revealed in a recent tweet that the airdrop will run from January 18 to 24. The goal? To reward active community members and encourage users to trade, share knowledge, and engage more deeply with the platform.
Participants can earn JUP tokens by:
- Trading on the platform to generate swap volumes.
- Contributing knowledge about Jupiter Exchange.
- Participating in discussions on platforms like Discord, Reddit, and X.
How Will Tokens Be Distributed?
Here’s the breakdown of the airdrop distribution:
- 500 million JUP tokens will be given to users based on their swap volume and trading expertise.
- 200 million JUP tokens will be awarded as incentives (“carrots”) for active community members, content creators, and people nominating great traders.
This is a big plan to expand the community and make the Jupiverse ecosystem even bigger and more engaging!
Eligibility Criteria for the Airdrop
To be eligible for the airdrop, users need to have a minimum of $800 in swap volume. For that, they will receive 50 JUP tokens. If you’ve been active and have traded a lot, you’re in luck!
But remember, transactions under $5 won’t count, and any suspicious activity, like bot usage, will lead to exclusion.
However, the airdrop will roll out from January 18 to 24, right before the much-anticipated Catstanbul event on January 25. An airdrop checker tool will be available for fairness, so you can easily check your eligibility.
JUP Price Analysis
As of now, the JUP token is priced at $0.95, reflecting a slight rise with a market cap is $1.29 billion, showing growing confidence in the project.
However, The airdrop is likely to add even more excitement to the market and could potentially push the JUP price higher.
Mark your calendars for January 18–24 and get ready to claim your share of the JUP tokens!
Source: https://coinpedia.org/news/jupiter-exchanges-announce-700-million-jup-airdrop-a-golden-opportunity-in-january/