Jui

[Anglio @anglio]

A friend lost 100k+ on this just because he believed in $JUP team

Everything they touch just fucking dies lol

[Jui @jui_0310]

@kashdhanda BIG LIAR!

[maggie.sol @maggieman_sol]

i don’t like how @JupiterExchange is such an amazing platform, but their native token $jup isn’t performing well.

i introduced a friend to Jupiter Perps recently, and the first thing he did was check the token price. his reaction was “If the platform’s as good as you say, why is the token in a downtrend?”

something needs to be done to get the token price to reflect the actual quality of the product - not just by doing burns.

[Jui @jui_0310]

@lostsol @JupiterExchange Stupid.🤡

[⚔️ SIONG @sssionggg]

final tweet on the matter and will be back at grinding:

- a lot of people told us that we should not have given them the attention and rewarded them for their bad behavior. but it is something that we should highlight and it is just not cool.
- they doubled down on using their misleading data (again, they are using an outdated binary) as “Jupiter”. how can you call something “Jupiter” when we the actual Jupiter don’t even know how you come up with that data?

so, here are the 5 facts about them:

1. ghosted us when we tried to discuss about the matter privately.
2. doubled down on using misleading self simulated data on a sunsetted binary to continue misleading users.
3. using our hard earned brand to continue misleading their users, refused/ignored our request to correct the router name.
4. taking advantage of other’s APIs and refusing to share theirs, violating the reciprocity clause in our T&C.
5. leveraging our binary that was built for high frequency traders/oracle providers to harm our brand/reputation.

again, to reiterate 2 simple things we try to ask them to do:

1. rename their the misleading “Jupiter” on their UI to “Métis Binary” since they are using the sunsetted binary and it’s not Jupiter.
2. share the API with us as highlighted in the reciprocity policy in our T&C.

we have been working relentlessly over the past 5 years to build the “Jupiter” brand across different products and to contribute the free binary for the solana ecosystem to use. when we decided to pause the update on the binary (partially to stop bad player like them to exploit us), i personally had to take a lot of abuse for it (we are still trying to figure a way to continue offering the free binary without bad player like them to use it to mislead).

obviously we are not perfect. we also received some feedback from some of the ecosystem players on some of the things that we can improve. and i want to address them here:

- gatekeeping new AMM to be integrated into the router. there are a few reasons why integration has been slow in the past few months but now we have made many improvements both on the routing side and the resource side to accelerate this.
- doubling down on making “executed price” better, it’s easy to make “quote price” look good but within the few seconds from seeing “quote price” to landing the “executed price”, many things (liquidity, price, etc) can change and affect the “executed price” badly.

moving forward:

other than the ultra v3 announcement last week, in next few week, we will share more on what the team has been working on. can’t wait!

thanks @retiredchaddev for pointing out how we can improve.

[marino @marinonchain]

Titan got caught using Jupiter’s old binary to show “better prices.”

Jupiter’s clapback was harsh but fair - those weren’t real execution results...

Transparency > marketing. Always.

[meow @weremeow]

let’s cut to the chase - you knew exactly what you were doing when you showed Jupiter on your page & refused to respond to us - to make users and ecosystem THINK that this is what they would get on Jupiter and you KNOW that it’s not true

to pretend otherwise will be a massive insult to the intelligence of the ecosystem.

come onnnnn

secondly, you are literally the reason why we cannot have nice things

we offered the binary purely out of good will TWO YEARS AGO as a way to let anyone run the router themselves, and now it’s being used against us.

the binary has been deprecated MONTHS ago, and is not the best price quote, but you shamelessly ignored all our messages to stop using us for your blatantly misleading messaging.

you know PERFECTLY WELL that this is NOT the Métis api quote, nor what we show at Jupiter, but you literally, and I mean LITERALLY, ignored all our efforts.

and why did we message you?

cause absolutely none of our partners using the (obsoleted) binary is shamelessly claiming on socials and misleading an entire ecosystem.

anyhow, congrats, now you have traction based on lies and misdirections at our expense and ignoring good faith attempts - now please remove us from Titan and best of luck to you and whoever bagholders supports your smoke factory.

PS: stop using images pretending you are superior, these are literally NOT the quotes you get on Jupiter since we meta-aggregate and focus on execution price AND you are using an OUTDATED router binary

PS2: we didn’t make allegations, these are literally facts, as anyone can read

PS3: this triggers me big time because I was the one who proposed the binary to the team over their initial opposition, and they worked tirelessly for no reward to maintain it for the good of the space.

now it’s being used as a misleading marketing tool against us.

please stop.

PS4: this reminds me of another talented builder team early on in the Solana days who also had powerful allies but similarly operated in weird ways to give themselves an unfair advantage. Guess who?

PS5: you n your bagholders need to stop showing off random self generated charts as “data”.

we run various routers in parallel - Métis, okx, dflow, jupiterz, and rigorously test for execution quality and adjust BOTH ours and theirs to improve.

you know perfectly well that only executed results are valid, and there is no perfect substitute.

instead of SHOWING OFF YOUR OWN RESULTS BASED ON OUR OLD DEPRECATED BINARY AS “DATA”, if you were a serious scientific player, you would have offered up your api, collaborated w us to improve it.

Instead, you refused to give access, and hide behind a wall of your own self simulated data, knowingly misleading viewers and users using our VERY hard earned brand to boost your own brand made up of smoke and mirrors

PS6: gl, see PS4

[kash @kashdhanda]

A Fresh Start for $JUP (Major Changes Coming)

This one is for the token holders. The ride or dies. The folks who have held through up and down, supporting a project they believe has the ability to change the future of finance.

We know it hasn’t been easy lately.

But here’s the good news: we hear you. And we’re moving to make changes inspired by your ideas and our deep reflections on what $JUP should be.

In classic Jupiter style tho, this is going to be a somewhat long essay. Before we can step into the new future, we must acknowledge the past and clearly articulate how we’re changing our approach going forward.

But if you read the whole essay, you’ll find 3 major changes that demonstrate how important your feedback has been over the last few weeks/months.

—-
Reflections on $JUP

The $JUP token was initially aimed to be the lynchpin of the Jupiter DAO. That worked quite well to kick things off.

Together, we built the largest and most active DAO ever. We regularly had hundreds of thousands of voting wallets, voted on 20+ proposals, and pioneered concepts like Active Staking Rewards before anyone else.

In a time where it’s rare to see DAO proposals get more than 100 voters, we showed it was possible to build governance that massive numbers of people cared about. We likely experimented the most amongst all the major protocols about what it means to be a community, a DAO and a platform - and we most certainly learnt a ton.

But there were also problems that only became obvious over time. Specifically:

- Mechanics of governance turned some potential holders away from the token - for example, the frequency of voting and the 30 day lockup.

- We were spending too much time and energy on public comms around the DAO, reducing the amount of attention on the Jupiter product suite and the overall Jupiter mission

- Budgeting votes for Work Groups created a massive divide in the token holder base and drew negative attention to $JUP

All these, combined, had one MAJOR disadvantage - attention was consistently drawn away from the great work of the team/community towards things that drew the ire of token holders.

Fundamentally, the previous setup was not additive to the $JUP token.

To move forward, we need to keep what was good, and change what was not.

/// Major Change #1: Scaling Back the DAO
After countless conversations with token holders, it’s clear that the Jupiter DAO is an important vehicle.

Many $JUP holders believe deeply in the power of community governance, and are excited to be able to share their opinions and shape the future of Jupiter.

But these conversations have also made clear that the DAO should be laser-focused on extremely high-leverage actions. The constant flow of votes was a drain on token holder attention, especially when vote subjects felt “small”.

The other thing was that the votes, a major major driver of community attention, constantly drawn attention to, and vastly

Going forward, the DAO will have a narrower focus on broad tokenomics decisions and major treasury stewardship items.

This means no more Work Groups, fewer overall votes, and more focus in our public comms on products and growth.

Token Holders can rest assured the conversation about Jupiter will not be dominated by politics, while still being able to effectively drive decision making around key items that affect our collective future.

We are also going to be refocusing the community energy away from politics and towards a pro-social core mission - onboarding the world to DeFi - as will be explained in a separate community post by @AlleyCatNY.

/// Major Change #2: Reducing the Unstaking Window

Initially, we created a 30 day lockup on staked tokens. Given that Active Staking Rewards were high and governance votes were very frequent, this made sense to ensure only those who were longer term aligned with the Jupiter mission would be able to participate.

But now, we stand at a critical juncture. The key is not only to find long-term aligned holders, but to create more of them. And, as we’ve heard from many token holders, the unstaking window of 30 days is too long and turns away potential buyers (particularly large-scale institutional buyers).

To meet in the middle, we are going to reduce the unstaking period to 7 days without any penalty. This ensures those who are participating in governance are not simply buying/dumping $JUP to cast a vote, while still giving token holders the flexibility they want and need.

This change should go live in the coming weeks.

/// Major Change #3: Burn the Litterbox (subject to a DAO vote)

Finally, to kick off this new chapter of the DAO, we want to start with a critical vote that has been the subject of MANY conversations with token holders: the Litterbox Trust.

The Litterbox Trust receives 50% of protocol revenues from Jupiter and uses those revenues to accumulate $JUP from the open market.

It currently holds over 121m tokens (~1.7% of the total supply, ~3.8% of circulating supply), and grows every hour.

The original plan was to hold a DAO vote after 2 years to decide what to do with the accumulated tokens. But we’ve heard two different critiques.

First, some token holders have suggested that holding a large amount of $JUP without clarity on how the tokens will be used is creating uncertainty. By far the most common suggested solution is to “burn” these tokens.

Second, some token holders have suggested that the buybacks themselves are not particularly effective. The solutions for this are more varied - some want continuous burns, some want increased investment in product growth, and some want other use cases of the revenue.

Deciding what to do with 1) the current $JUP holdings and 2) the ongoing revenues are both massive decisions. They are the perfect example of the types of decisions that the DAO can and should have active input on.

Starting today, we’ll hold a period of public discussion on the first question (Burning the Litterbox). This will continue for ~10 days, with a formal vote to Burn the Litterbox’s existing holdings shortly thereafter.

After that, we will have a separate conversation about whether the $JUP Accumulation Plan should be continued, or if there are much better uses for the revenue.

If you’re a token holder, now is the time to make your opinion known, and to get involved again in meaningful governance!

–

All three of these changes are concrete and tangible, but I want to also point out a more philosophical change that’s taken place within the team.

For a long time, we didn’t give JUP the type of attention we give to our products. Each product has a clear value proposition, a marketing plan, iterative improvement process, etc.

And for a long time, JUP didn’t have this. We expected the market to understand the value of JUP based on the strength of our products, community, and vision. That was a mistake. And one that we are already in the process of fixing.

Going forward, we’re going to give JUP the attention it deserves.

We need to be incredibly vocal about the Jupiter story, about the JUP story, and about the story of DeFi going forward.

And we’re going to be having more conversations in public about other long term use cases for JUP that will integrate into the future of Jupiter platforms.

So here’s my free advice - if you’re tired of seeing talk of Jupiter, switch to Bluesky 😉

[Jupiter @JupiterExchange]

BREAKING: Jupiter is launching its own stablecoin 🥳

Built in partnership with @ethena, engineered to connect the Jupiverse.

$JupUSD, going live in Q4.

[dumpling.sol @dumpling_sol]

Unpopular opinion:

$JUP has no point in existing. If we deleted the token, nothing in the Jupiter ecosystem would be affected.

- Make JLP and JUP one token
- 80% buybacks and burns from all revenues company wide

@JupiterExchange @weremeow @kashdhanda

[Jui @jui_0310]

@marinonchain You’re really a bastard.
You fucking guy mentioned the Jup will be the Jupnet gas fee,and then?
Fuck you fraudster.

[Alfonso DAO @DaoAlfonso]

True ✅💯

The Júpiter DAO has become a stage worthy of satire. And not because the community lacks talent, but because that talent seems disproportionately focused on inventing ways to award themselves salaries instead of building a decentralized future that adds real value to the $JUP token.
-
The surprising part is not the scarcity of proposals—it’s that this year they decided there will simply be no governance proposals at all. As if the blockchain ecosystem required no adjustments, no evolution, no new ideas. As if the mere passage of time were enough to justify the existence of a DAO.
-
The parallel is inevitable: more than a financial innovation lab, it resembles the absurd “DAO of Jupiter,” a kind of galactic committee that might propose something as useless as declaring an “Official Day of Interplanetary Broccoli” or drafting a “Universal Smile Regulation.”
-
Proposals that serve absolutely no purpose, except to look good in long PDFs full of beautiful words that nobody will ever apply. And yet, the Jupiter DAO has chosen exactly that path—pausing the meaningful, while distracting itself with bureaucratic masquerades that decorate but do not nourish.
-
Meanwhile, the $JUP token—which could be a bridge toward innovation in decentralized markets—is treated like a toy. No one seems to break their head over building new use cases, or making the token more versatile and in demand; but there’s plenty of energy to design compensation structures, salary mechanisms, and initiatives that—what a coincidence!—require more salaries and more ad hoc positions.
-
Decentralization, once a romantic promise calling us to autonomy and economic freedom, has bitterly morphed into a theater where the priority is the personal balance sheet of a few.
And while this unfolds, the average user opens the Jupiter app. Once clean, agile, and intuitive, now it looks more like the cockpit of a Boeing ✈️ 747. Buttons everywhere, hidden menus, obscure terminology that entangles rather than empowers traders—transforming their experience into a cosmic sudoku.
-
There is no strategic vision, only layers upon layers of patches that complicate without creating value.
In the end, what becomes evident is not the supposed greatness of the ecosystem, but the mediocrity of its gatekeepers. A token does not derive its worth from glossy charts or governance posters filled with hollow promises—it is judged by what is quietly built behind them. And what we see today in Jupiter is a reflection of its leadership: more interested in pinning cardboard medals to their lapels than in giving genuine purpose to their community and their token.
-
Perhaps it is time to recall the obvious: no building ever stood firm on columns of air, no matter how brightly they were illuminated with neon lights

@JupiterExchange

#jupiter #JUP #JLP $JLP #jupiterexchange

[gnarleyquinn @gnarleyjs]

$JUP just hit a new all-time low on its $SOL pair.

Honestly, no words to describe the disappointment in this.

[Erbil @0xErbil]

The Jupnet demo was INSANE!

Executed 10 orders in parallel across Solana, Base, Sui, Bitcoin - without any wallet signing - in just seconds 🤯

For the first time a DEX experience feels as smooth as the best CEX. Game over!

[nxxn @sol_nxxn]

Jupiter hits revenue ATH, leads in TVL, launches major lending product, does $JUP buybacks

yet the token performs poorly.

either all of this isn’t enough considering how much went to airdrops and the team, maybe not enough use case or something else is wrong.

what do you think?

[Jupiter @JupiterExchange]

🚨 $1 million dollars up for grabs on Jup Mobile

Watch the video and read the details below 👇

[AB Kuai.Dong @_FORAB]

看好几家英文区机构，都在引用这个数据，我把它改成了中文。

大致意思是，现在衍生品 DEX 赛道，Hype、EdgeX 等是正常的数据，既有很多人参与交易，也有不少人持有着合约仓位。

但如果平台，全是交易量，但没有多少人有持仓，说明全是短期买卖，没什么人用，只有机刷、撸毛党。

通常它能倒推，真实的市场用户份额。

[CJ @tweeterazzis]

@JupiterExchange So many wins except for $jup's tokenomics. 99% of holders don't give a rats ass about jlp. Fix $jup! Solana is over $230 and it's at 50c? Dead. 💀

[Nyteowl.eth @Nyteowl_YT]

A profile Change was necessary. I used to be 100% JUPITER as I believed in the TEAM! They are still operating on another level. They are just leaving $JUP holders in the dust and have decided NOT to align with token buyers. Sad day. What happened to YOU EAT we EAT?

Without TOKEN utility - LOOK at JLP - $JUP will continue to fail. All there is to it. I am not selling but They need to make some changes, and it is shocking they haven't yet. There has been some very discouraging discourse take place, and I hope that rhetoric changes.