Jupiter Announces $580 Million Airdrop Criteria: Everything You Need to Know
Jupiter, the DEX aggregation platform on Solana, has announced the standards for a second airdrop planned for January 2025.
The distribution plan for this airdrop includes 700 million JUP, which is equivalent to US$581 million at the current market price.
2.3 million wallets are eligible to participate in Jupiter’s second airdrop
According to Jupiter, this requires 700 million JUP airdrop will be distributed in two groups. Specifically, Jupiter will distribute 500 million JUPs to users and Stakers, and the remaining 200 million JUPs to Carrots and Good Cats:
- User: An individual who conducts transactions (such as swaps) on the Platform.
- Pledger: The person who participates in the pledge.
- Carrots: Users who continue to hold airdrop rewards, purchase/increase JUP holdings, or receive compensation after being mistakenly flagged as a bot.
- Good Cat: A contributor who makes quality contributions to the community.
Additionally, Jupiter revealed that 2.32 million wallets out of a total of 10.65 million are qualifiedaccounting for about 22%. Of these, 2 million wallets meet the criteria for a swap volume of around $1,000. In comparison, 320,000 wallets belong to expert traders who take advantage of advanced features such as limit orders, perpetual swaps, DCA and Ape Pro.
Jupiter also noted that these conditions were draft. They are subject to change.
Earlier this year, Jupiter conducted its first airdrop, becoming one of the largest airdrops in Solana history. The platform distributed 1 billion JUP to nearly 1 million wallets. Following the airdrop, JUP price surged 300%, rising from $0.45 to an all-time high of $1.85.
However, JUP is currently trading at around $0.85, with no significant price changes since the announcement of the second airdrop criteria.
Data shows that the current circulation of JUP is 1.35 billion, and the maximum supply is 10 billion. August, platform recommended And with 95% support, 3 billion JUPs will be destroyed within six months (30% of the total supply)
Additionally, data from DefiLlama shows Jupiter’s total value locked Reaching over US$2.4 billion December. Number of Perps per day The average transaction volume on the platform over the past two months was $1.5 billion.
That’s double the average volume for other months of the year. Data reflects growing demand for Jupiter trading
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