Jupiter has officially launched its first JUP token buyback, repurchasing 4.88 million JUP worth $3.33 million, according to on-chain data. The buyback, which began on February 26, was confirmed by on-chain analyst AI姨 on X .
This initiative is part of Jupiter’s broader plan to use 50% of protocol fees for token repurchases, aiming to strengthen the token’s value.
How Jupiter’s Buyback Strategy Works
The buyback program, announced on February 13, is designed to reduce token supply by locking repurchased tokens for three years. This move is expected to create consistent buying pressure, helping prevent JUP from turning into a “value trap.”
📌 Key Takeaways from Jupiter’s Buyback Plan:
✔ Total expected buyback in 2025: $50 million
✔ Jupiter’s 2024 revenue: $102 million
✔ Buybacks impact: ~2.7% of JUP’s $1.8 billion market cap
The crypto community has responded positively, seeing the buyback as a strong value-accrual strategy for long-term token holders.
Jupiter Remains Solana’s Leading DEX Aggregator
Jupiter continues to dominate as Solana’s top DEX aggregator, routing trades across Raydium, Orca, and other platforms to ensure the best exchange rates.
🚀 Revenue Growth Highlights:
✔ Jupiter Perps platform holds 80% of Solana’s perpetual DEX market
✔ 2024 revenue surged from $3M in January to $21M in December
✔ Memecoin trading, including the TRUMP memecoin boom, contributed $35.86M in fees
DeFi’s Growing Shift Toward Buybacks
Jupiter’s initiative aligns with a broader DeFi trend, where protocols like Aave and Ethena are implementing similar token value-accrual models. While the long-term impact remains uncertain, the move reflects a stronger focus on aligning tokenholder value with protocol growth.
With $50 million set aside for buybacks in 2025, will Jupiter’s strategy help drive long-term value for JUP token holders?
