the JUP token launched a little over two years ago.
since then, we've been through catstanbul, catlumpur, multiple acquisitions, and the team grew from fewer than 20 people to close to 200 people at one point.
one of the biggest challenges for me wasn't technical. it was changing my role.
when the team was small, decisions happened with a handful of people in a room. we could debate, build, ship, and iterate within days.
as the company grew, my days became almost entirely coordination. getting alignment across teams could take weeks. every morning there would be another list of decisions waiting. there was no longer any uninterrupted maker's time left on my calendar. (pg's essay on maker's schedule vs. manager's schedule captures this feeling perfectly.)
for a long time, i didn't realize what was happening.
the first time you're deciding whether to spend millions of dollars, you think carefully about every angle. after making enough decisions like that, they stop feeling extraordinary. your brain starts optimizing for speed. pattern recognition replaces deliberate thinking. eventually, you're no longer thinking deeply about every problem. you're just unblocking the next urgent thing.
looking back, i think i spent a long period operating almost entirely on autopilot. or maybe zombie mode is the better description.
nothing was wrong externally.
eventually, i realized what was missing.
i had stopped learning.
that was probably the biggest problem.
i wanted something that would force me to become a beginner again. i wanted to think deeply again. i wanted to build again. i wanted to struggle with problems i didn't already know how to solve.
that became GUM.
building from first principles again has been one of the most enjoyable experiences i've had in years. i find myself reading constantly, learning something new almost every day, and having technical discussions that leave me with more questions than answers.
the team makes it even more fun. i'm lucky to work with engineers who have built products that facilitate billions in trading volume, security researchers who constantly challenge assumptions, and former L1 engineers who think about infrastructure from completely different perspectives. every conversation feels like an opportunity to learn.
for the first time in a while, i'm uncomfortable again.
and i think that's exactly where i want to be.
GUM's private beta launches next monday, july 6.
i'm excited to start learning from users again.
You can start earning immediately on 2 assets that everyone owns:
1. Lend your stables for up to 5.6% APY on Jupiter Lend.
You can even swap directly into these yield-bearing positions by buying tokens like JUICED.
2. Stake your SOL with Jupiter's validator for ~5.5% APY.
Then with native staking as collateral, you can borrow against your position without unstaking.
That's the endgame of DeFi: simplicity, composability, and earning real yield on your assets.
Why is no one talking about how freaking beautiful and useful Jupiter Spend is?
You can see exactly what you spent, how much, the category, and even all your subscriptions in one place
There’s even a map showing every country where you’ve used your card
The best part is that it’s all seamlessly natively integrated into @jup_mobile
If you’re someone who likes having everything under control, the user experience is just the best
I’m honestly obsessed with it
Tokenized stocks are hitting historic volumes on Solana
And the best place for them is still Jupiter Lend.
Deposit your xStocks to:
✅ Earn xPoints (faster than holding)
✅ Earn up to a 2% Rewards APY
✅ Borrow stables at the lowest rate on the platform
✅ Borrow with a 10% higher liq threshold vs other lending platforms
Stack rewards on top of better terms when you Just Use Jupiter Lend.
spot traders on @solana: i need your feedback 🙏
@jup_spot just launched a new prototype to help you discover new assets and stay on top of market news
it includes:
- news/market roundups
- smart wallet tracking
- sector insights
so tell me: how can we make this more useful for you?
(link in 2nd tweet)
Best way to get sidelined in the bear market:
DON'T start a weekly DCA with a price range
> auto-buys ONLY during the dips
> NO top blasting
> removes the stress ur addicted to
and the UI is embarrassingly easy-to-use
Don't watch, or you'll learn to buy low in 60 seconds 👇
Jupiter Lend is the best place for your xStocks, and for good reason:
1. Extremely low borrow rates
Borrow JupUSD for as low as 0.28% against your SPYx, the lowest rate for stables on the platform
2. Multiple ways to earn
While you maintain your exposure to xStocks, earn a Rewards APY of up to 2% on top of stacking xPoints.
Accumulate them at a faster rate than just holding.
3. Better Terms
Jupiter Lend's xStock vaults have a 10% higher liquidation threshold compared to other lending platforms.
This means is more breathing room for your positions.
Lower borrow rates, Multiple ways to earn, and Better terms.
3 reasons why Jupiter Lend is the best place for your xStocks.
just trade on @JupiterExchange and you wouldn’t have these problems 🤷
(and if that wasn’t good enough, we also have $50,000 in trading rewards for $SPCX)
Off-chain routing has a ceiling.
No matter how fast the algo or how fresh the quote, pool states shift between route computation and transaction landing. The route plan you were quoted becomes stale by the time it executes.
JIT Swap lets our program re-decide on-chain, at execution. @gn_dnomsed breaks it all down:
https://t.co/1KyTBv3BGW
Question for the traders:
On $100,000 SOL-stable annual volume:
> Your fees on other wallets: $850
> Your fees on Jupiter: $20
Why are you paying a $830 convenience tax just to press swap?
We opened Pandora's box with Limit Orders v1 when we supported any<>any.
In v2, the team and I worked real hard to support USD-based triggers, which also enabled Stop Loss, one of the most requested feature.
Also, stay tuned for the other parts in the series 😉
The $125,000 World Cup Challenge on @jup_predict just got an upgrade.
You can now earn extra entries without spending another dollar.
Here's how friend referrals work 🧵👇
this is big, onchain prediction markets are coming to solana
this is particularly cool as prediction markets are heavily gated atm which limited a lot of use cases and potential
the breakout startups of the coming run will make good use of this
let the markets be free
only ~9 days into the public beta and already seeing so many teams building on top of @jup_offerbook
P2P lending is a powerful primitive, excited to see what other cool use cases the @solana community cooks up!