Jupiter JLP product
Overview
Jupiter JLP is a liquidity provider token for Jupiter Perpetual, a decentralized perpetual futures exchange built on Solana. It represents a basket of assets (such as SOL, USDC, ETH) deposited by users to facilitate trading and earn fees. JLP token holders share in the protocol's trading fees and liquidity pool performance.
Within the DeFi Intel graph, Jupiter JLP connects to 1 tracked entity, most strongly to Jupiter Perps.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
backed_by | Jupiter Perps | 95% |
Frequently asked questions
What is Jupiter JLP?
Jupiter JLP is a liquidity provider token for Jupiter Perpetual, a decentralized perpetual futures exchange built on Solana. It represents a basket of assets such as SOL, USDC, and ETH deposited by users.
What chain does Jupiter JLP run on?
Jupiter JLP runs on Solana, as it is part of Jupiter Perpetual, a decentralized perpetual futures exchange built on that blockchain.
What is Jupiter JLP connected to?
Jupiter JLP is connected to Jupiter Perps, as it is backed by Jupiter Perpetual. JLP token holders share in the protocol's trading fees and liquidity pool performance.