1 · Swap market share
NewJupiter routes under half of Solana swaps; DFlow holds near a third.
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 20 2026 | 48.1% | 31.2% |
No single dated event in the next 90 days.
No new JUP can be minted; buybacks are held.
JUP is the coin of Jupiter, Solana's largest trading app. 3.32B JUP circulate, 48% of the 6.86B that exist. No new JUP can be minted.
Sell pressure. Nothing new reached the market in 90 days. Team payouts stay paused after a February vote, and the 1.70B community and 1.68B team reserves did not move.
Buy pressure. A batch burn destroyed 943,764 JUP on Sep 10 2026. The buyback bought 26.01M JUP but keeps it.
Net. Net, supply shrank about 0.03%, and stays flat next.
No new JUP can ever be made: the power to mint was switched off for good. Stakers still earn 50M JUP each quarter, the last batch paid on Oct 13 2026, but those coins come from an old airdrop pot that already counts as circulating.
The team's quarterly payout of 116.67M JUP stopped after Jan 31 2026, when holders voted to pause it. About 0.91M JUP of small staff grants vest each quarter from lock contracts, but those coins already count as circulating. Bigger self-locks open from Jan 31 2027.
Not yet counted and untouched in these 90 days: the community reserve (1.70B JUP, which still holds the postponed 700M airdrop), the paused team reserve (1.68B) and a reserve vault (159.89M). Already counted: the buyback wallet (176.79M), the staking-reward pot (173.40M), team wallets (191.57M and 126.38M) and the DAO wallet (103.87M). The team staked 40M of its coins on Aug 5 2026.
No bankruptcy estate or court-held pile of JUP waits to be released.
Half of Jupiter's on-chain revenue buys JUP on the open market every day. The buyback wallet took in 26.01M JUP between Jul 23 and Oct 21 2026 and now holds 176.79M. It keeps the coins instead of burning them, so they still count as circulating.
Projects pay a fee in JUP to get their token verified, and the coins are burned in batches. One batch destroyed 943,764 JUP on Sep 10 2026; small burns by users added about 1,600 more. About 265K JUP waits for the next batch, which has no set date.
Jupiter promised to buy back any coins the old Mercurial investors sell and to absorb team sales itself. Those purchases go to its own wallets, which already count as circulating.
Staked JUP still counts as circulating, so new staking, such as the team's 40M JUP on Aug 5 2026, takes nothing out of the count.
Two sides: how much people want JUP right now, and how much buying could come later.
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 one reason:
On Oct 22 2026 Grayscale ranked ten DeFi tokens by what they return to holders, counting staking rewards and buybacks minus new coins. JUP made the top ten, but with a holder return of about -2.6%, because new coins outpace buybacks, even though its earnings return is about 3.5%. People ask if Jupiter will cut new coins or buy back more, so holders get more of what the exchange earns.
Checked Oct 23 2026
Jupiter (JUP) is flat, neither inflationary nor deflationary right now: its supply changes 0.00% over the next 90 days and −0.12% over the next year (checked Oct 21 2026). New JUP and removed JUP about cancel out.
About −0.12% a year: that is how much Jupiter (JUP) supply changes over the next 12 months, with 0.00% in the next 90 days (checked Oct 21 2026). That puts JUP #95 of 101 coins we track for new supply (#1 = the most new supply).
No dated Jupiter (JUP) unlock is scheduled in the next 90 days (checked Oct 21 2026).
Yes. In our count, about 1.63K JUP is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 21 2026). How it works: Verification fees paid in JUP are burned in batches: 945K JUP in 90 days. The Litterbox bought 26M JUP but holds it.
Almost no new JUP reaches the market over the next 90 days (checked Oct 21 2026). No new JUP can be minted and team payouts are paused by a February 2026 vote. 3.38B JUP sits in two reserves that only a new vote could release.
About 3.32B JUP is in circulation (checked Oct 21 2026). Over the next 90 days that changes 0.00%, and over a year −0.12%.
Over the next 90 days (checked Oct 21 2026): JUP 0.00%, VVV +3.40%, JST −1.89%, GT −1.95%. JUP sits in the middle of these 4 coins.
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: supply and demand. Fewer new coins mean less selling pressure. We also show each coin's age, with a warning when it is younger than 1 year. Demand shows how much people want the coin. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss. 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.
Related supply research: VVV +3.40% · JST −1.89% · GT −1.95% · All crypto inflation rates (110 coins) → · Full JUP supply report → · Embed this coin
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