1 · Swap market share
NewJupiter's share of Solana swap routing fell below half; DFlow gains.
Data
| Date | Jupiter | DFlow |
|---|---|---|
| Jul 31 2026 | 63.9% | 14.3% |
| Aug 31 2026 | 55% | 25.6% |
| Sep 30 2026 | 49.8% | 30.8% |
| Oct 10 2026 | 45.9% | 31.6% |
No single dated event in the next 90 days.
No new JUP can be made; small burns shrink it.
JUP powers Jupiter, the main trading app on Solana: 3.32B coins circulate, 48% of the 6.86B total. No new JUP can ever be made.
Sell pressure. Nothing new reached the market: team vesting is paused, the 700M airdrop is postponed, and the 3.54B held in reserve wallets did not move.
Buy pressure. Token-verification fees burned 948,427 JUP. The Litterbox bought 26.73M more but keeps it, so it still counts as circulating.
Net. Net, supply shrank about 0.03% in 90 days, and stays flat next.
No new JUP can ever be made: the power to create coins was switched off for good, and the token has no staking or validator pay. Total supply is about 6.86B JUP and can only go down.
Team vesting has been paused since the Net-Zero Emissions vote in February 2026, and the team reserve sent nothing out in these 90 days. The vesting contracts released only 2.25M JUP, mostly to early Mercurial holders, and those coins already count as circulating. The team's own locked 189M JUP opens around Feb 1 2027, after the next 90 days.
Three reserves sit outside the circulating count and did not move: the community cold wallet (1.70B, including the 700M postponed airdrop), the team cold wallet (1.68B) and a reserve vault (160M). Only a new DAO vote or a team decision can release them. Team wallets inside the float did move: one sent 60M JUP to six wallets that staked it all, the Litterbox holds 175.3M bought back, and the community hot wallet keeps 223M for staking rewards.
No bankruptcy estate or trustee holds JUP, and no old long lock is releasing coins into the market.
Half of Jupiter's on-chain revenue buys JUP for the Litterbox: 26.73M JUP in these 90 days, now 175.3M in total. The Litterbox keeps the coins and has not burned them since the DAO burned its first 130M in November 2025, and they still count as circulating, so the buying takes nothing out of the float.
Projects that want fast token verification pay 1,000 JUP each, bought on the market, and Jupiter burns the pile in batches. The Sep 10 2026 batch destroyed 943,764 JUP and small burns added 4,663 more. About 545K JUP came in over 90 days; 227K waits for the next batch, which has no date, so the next 90 days count only the small burns.
Jupiter promised to buy back JUP that its team or Mercurial holders sell, but nothing came into its team wallets in these 90 days, and any such buy stays inside the float.
Staking JUP for votes and rewards is a real lock with a 7-day exit, and 60M JUP from a team wallet was staked this window. But staked JUP still counts as circulating, so it takes nothing out of the float.
Two sides: how much people want JUP right now, and how much buying could come later.
This part is based on social media. It shows how hot JUP is right now. A better rank means more people are talking about it.
Today, people are talking about JUP for two reasons:
On Oct 13 2026 Jupiter said its rewards for July to September are live, with 50 million JUP shared among people who staked, based on how much and how long they staked. People ask how many of these tokens will be sold right away, and how many will be staked again.
JUP rose from about $0.22 on Sep 15 2026 to about $0.33 on Oct 13 2026. In the same four weeks, fees across Jupiter's products were about $16.8 million, down from about $19.8 million in the four weeks before. People ask if the price can keep rising when the business earns less.
Checked Oct 14 2026
Based on the law of supply and demand, the long-run signal for Jupiter is positive. As of Oct 15 2026, score 8/10, Jupiter faces 0.00% new supply over 90 days, with demand strong (3.5/5). Jupiter's price drivers: 1 ▲ price up, 1 ▼ price down.
No, though its main business is shrinking. Jupiter's share of Solana swap routing fell below half as DFlow gains. On the other side, Jupiter Lend has nearly caught Kamino, Solana's biggest lender, and JUP still scores 8/10 on our framework (Oct 11 2026). For Jupiter, the supply-and-demand signal is positive right now.
It would take 27 times today's value: $10 × Jupiter's coins in the market = about $33.2B, against $1.21B now (Oct 15 2026). Jupiter's supply barely changes in the next year (−0.07%), so the whole move would have to come from demand. That leaves Jupiter's long-run signal at positive, by supply and demand.
Today the signal is positive. Supply and demand would point the other way for Jupiter if new supply jumps (today 0.00% in 90 days), or demand falls from strong, or Swap market share keeps pointing down.
On our framework Jupiter scores 8/10 (Oct 15 2026), with supply 4.5/5 (flat) and demand 3.5/5. In the next year Jupiter's supply changes −0.07%, so the long-run signal reads positive.
The law of supply and demand points to one window for Jupiter: low new supply, high demand, drivers pointing up. Where Jupiter stands today: 0.00% new supply in 90 days (flat), demand strong (3.5/5), drivers 1 ▲ / 1 ▼.
Jupiter has 2 price drivers today (1 ▲ price up, 1 ▼ price down). ▼ Swap market share: Jupiter's share of Solana swap routing fell below half; DFlow gains. ▲ Jupiter Lend: Jupiter Lend has nearly caught Kamino, Solana's biggest lender.
Jupiter reads positive at 8/10; Bitcoin reads positive at 8.5/10 (Oct 15 2026). On supply and demand, Jupiter looks weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. JUP supply is not growing (0.00% in the next 90 days), so it shows in green. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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