Jupiter Aggregator

Jupiter is a decentralized trading platform built on the Solana blockchain, originally launched in 2021 as Jupiter Aggregator. The protocol began as a smart-routing layer that pulls liquidity from across Solana’s DEX ecosystem (including Raydium, Orca, Phoenix and other AMMs) to deliver the best execution price on a given swap. Over time the project has expanded into a broader DeFi suite covering swaps, perpetual futures, borrowing, lending and an on-chain wallet, while retaining its routing engine as the core swap interface.

Trading on Jupiter is non-custodial: users connect a Solana wallet (such as Phantom or Solflare) and sign transactions directly on-chain. The platform does not collect identity information or hold customer funds, and there is no traditional maker/taker fee. Costs come from the underlying DEX pools and any optional priority fees set by the user. Jupiter also operates Jupiter Perps, a perpetual futures venue for major assets like SOL and BTC with up to 100x leverage, settled against a liquidity provider pool (JLP).

The JUP token serves as the protocol’s governance token, with holders voting on protocol parameters, treasury decisions and product direction through Jupiter DAO. The team also runs a developer station (station.jup.ag) and a public API (dev.jup.ag) that surface quotes, routes and on-chain transactions for integrators. Documentation, governance proposals and a community forum are openly available, and Jupiter maintains active Discord and X (Twitter) channels for product updates.