jerry

the frog is in the sky

@JupiterExchange

thoughts are my own

[jerry @bitcnoi]

fun fact

doubling the amount of quote assets in a v2 style pool quadraples the price of the base asset

if the LP holds 5% of tokens against USDC, injecting 5% of the mcap into the LP will 4x the mcap

just 5% of mcap needed to create 300% of upnl

the price is not real, ily

[Jupiter @JupiterExchange]

We’re hosting a $125,000 World Cup Challenge on @jup_predict

If you’re a FIFA World Cup 2026 fan, this one’s for you

All you need to do is correctly predict 5 matches

This isn’t one to miss. Here’s how to participate:

[Jupiter @JupiterExchange]

The $10B TCG market just gained access to onchain credit.

First Edition Charizards are held like treasury assets.

A Pikachu Illustrator sold for over $16M.

These aren't just cards, they never were, but here's the part nobody solved, until now.

Turn your cards into money, without selling them👇

[Thomas @onchainThomas]

There is now a p2p platform where you can lend and borrow against any asset and it just went live.

If you never tried it, get you hands on Offerbook, it's finally public!

No matter which Memecoin, Tokenized Stock, NFT... you hold, unlock USDC right now

https://t.co/DTtq4rnzOl

[Jupiter @JupiterExchange]

Metis V8: Solving The QE Drift

Metis, the top router in DeFi with more than $2T+ in lifetime volume, has always been focused on the hardest problems in routing. And these days, it is not just about finding the best quote, it is about making sure what lands is as close to the price you were quoted as possible, aka The Quotation-Execution (QE) Drift.

V8 is focused on solving that holistically from multiple dimensions in a systemic way:

1. Incentives: Slippage Penalties
2. Design: JIT Onchain Finalization
3. Infra: Sub-2 Slot Latency
4. Option: Rapid Quotation Mode

Let us explain:

[jerry @bitcnoi]

i 100% understand the game, point is

1. active mm involvement is what keeps markets alive esp in crypto, tho obviously in this case it was egregious

2. you're simply not supposed to participate

3. using influence to force the token down is same as mm using money to pump the token

[jerry @bitcnoi]

@SalsaTekila @zachxbt if we agree the end game of markets is clearly and simply pnl then it doesnt seem justifiable to take moral high ground for "exposing" the fraud

if anyone profited from shorting it in this incident then they're on the same pedestal as the mm

[jerry @bitcnoi]

@wassielawyer LMAO this is in the top 5 tweets of your CT career brother

[Priceless @pricelessonjup]

The vault just opened.

Priceless Citizens are LIVE.

420 pieces of the Jupiverse.

Captured, sealed, and ready to be claimed.

Some will hesitate.

Some will enter.

Either way, everyone is priceless.

https://t.co/6OpS1qNOX2

[Jupiter @JupiterExchange]

To celebrate the launch of cashback and referrals on Jupiter Global, we're doubling the rewards.

For 7 days only, referral rewards are 2x.

You refer a friend → you earn $50 USDC (normally $25)
Your friend joins → they earn $200 USDC (normally $100)

This window closes Sunday. Don't miss it.

[jerry @bitcnoi]

@wassielawyer @naiivememe 🥹

[AaronCQL @AaronCQL]

Introducing Jupiter CLI: the easiest way for your agents to interact with Solana.

Spot, Perps, Lending, Predictions: all within your terminal in a single command (and within your agent in a single prompt).

[Zen @realdezen]

Since I took over @MeteoraAG last March, we have taken insider trading risk seriously and put real safeguards in place.

Meteora is a permissionless platform. And especially over the last 12 months, we’ve invested tremendous energy into making it robust and reliable enough to ensure projects can launch without any support from us personally. As a result, we often find out about launches or integrations only after they happen.

As just two examples, both $NYC and $YZY, two of the biggest launches on Meteora in the past year, happened without our prior knowledge.

Our energy is fully focused on building the best technology possible to power launchpads and other platforms. Our focus is not to get involved with deployers themselves. We are laser focused on what we’re uniquely best at, and that’s building great infrastructure, products, and community around LPing.

Yes, we’ve seen the Polymarket. To be honest, we were as surprised as you were.

So we immediately did a detailed review of the situation. After review, we remain confident in the way we handle integrations, launches, and the standards we hold ourselves to as a team.

It’s been almost exactly one year since me and @0xSoju took over Meteora. When we stepped in, things were rocky. But we knew we had inherited an amazing tech platform and an even more amazing community.

Every day since then, we’ve put every ounce of energy into doing things the right way for the sake of our users and the greater DeFi ecosystem. I am deeply proud of our team and what we’ve been able to accomplish so far.

And I promise you this: we’re going to keep doing the same goddamn thing every day going forward too.

[⚔️ SIONG @sssionggg]

early this year, i posted a question on whether we should continue the buyback and early this week i posted an update on how the Jupuary timeline would look like. both tweets got a lot of attention. reading the comments and feedback from users has been eye-opening.

now, for this proposal and option 2 (if it passes), here’s what it addresses in my mind:

first, team emissions. there’s been a persistent narrative about team selling. with this vote, there’s a real path to stopping all team on-chain emissions entirely. if there is any selling, it comes from the treasury fully visible, fully on-chain. transparency over speculation.

second, Mercurial stakeholder vesting. the buyout structure is designed to create a counter buy pressure against any selling, ideally creating a net neutral effect on JUP. it’s a clean solution to a structural issue.

third, ASR will continue to reward stakers for staking. this will be something that will reward long-term stakers. also, with January letterbox buyback standing at almost 28m JUP (annualised 336m JUP), the buyback maybe more than the emitting staking reward, obviously, price may fluctuate and market will move.

fourth, JUP token utility within products. there are things already happening across our products and there are plans to push more forward. i don’t want to guarantee a timeline but it’s actively being worked on.

lastly, something personal. running a public protocol with a token creates real pressure to balance product building with token health. building great products is necessary but not sufficient, the token itself needs to be managed thoughtfully. this proposal is about resetting the fundamentals: products that users love and token economics that are clean and simple.

anyway good thing about this proposal is it really resets the energy. for me, that means great products and a token structure that’s easy for anyone to understand and believe in.

[Nikita Bier @nikitabier]

Frankly, this is the most dishonest perspective on the “claim your fees” spam that I’ve ever read.

Everyone knows that the moment he does it, it will haunt him on for the rest of his tenure on this app. Every reply will be about making the price goes up.

We intend to update our API policies to block apps that create fee pools for non-consenting users.

[jerry @bitcnoi]

@wassielawyer @jup_studio in before it turns out to be a smol week

[jerry @bitcnoi]

@CrypTomi98 @CryptoRich91 thanks for reaching out too, we are 100% down to support creators on the ground, always open to ideas and we're always speaking to the creators as well

[jerry @bitcnoi]

he's not completely wrong

trying to figure social monies is going to be hard, and we may not have motion in the meantime

come to studio if you want to try figure out how to build a brand, grow community and start a movement, we will do our best to support you

rt for awareness

[Aaron @Aron_Sol7]

@APMBFAN They just don’t know how to properly run a launchpad and memecoins.

Instead of green candles, they are wasting money on marketing and physical stalls. Re emphasising its a CTO/community coin is pointless. Alon doesn’t say anything but injects millions in the chart.

[jerry @bitcnoi]

@CryptoRich91 ok, what should we do then?

tokens need to carry and pitch themselves to the market, i can only try to help enable that as far as i can

[jerry @bitcnoi]

@CrypTomi98 @CryptoRich91 we've been providing grants for creators to travel and connect and make merch, what else would you like to see?

[jerry @bitcnoi]

@CryptoRich91 how can we support you in a way that creates millions of dollars to buy your tokens and not sell?

open to feedback