2026-01-13 14:28:44

Jupiter's strategy is reshaping Solana's settlement layer landscape. The protocol currently holds $750m in stablecoin collateral backing its perpetual futures operations. Eight days after launch, JupUSD rolled out as a strategic replacement—a stablecoin engineered with 90% collateralization through BlackRock treasuries via Ethena infrastructure.

The numbers tell an interesting story. JUP trading at $0.211 is already generating $1m in daily fees. What makes this compelling isn't just the revenue stream, but Jupiter's structural position. By owning the settlement mechanics on Solana's dominant DEX, the protocol captures value across the entire trading stack. This isn't just another stablecoin launch—it's a deliberate move to control collateral flows while deepening economic moats in the ecosystem.

JUP3,94%

ENA3,77%

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PseudoIntellectual

· 6h ago

Jupiter's move is really aggressive, directly taking control of the settlement. Got it, it's not just about issuing tokens, but about locking in the liquidity of the entire ecosystem. $1 million daily fee in just eight days? Solana's situation really has potential. At this price, JUP feels like there's still room for imagination. But 90% collateral sounds a bit tight, what about the risk?

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MidnightSnapHunter

· 6h ago

Jupiter has directly become the gatekeeper of the settlement layer in this wave, pretty tough... 750 million in collateralized assets + Blackstone government bonds, the strategy is indeed strong.

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NftRegretMachine

· 6h ago

Jup's move is really ruthless, directly blocking the entire Solana liquidity bottleneck.

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