Jupiter’s JUP Token Airdrop Skyrockets Solana DEX Volume, Hits $1.2B

February 1st, 2024
Jupiter's JUP token airdrop led to a record $1.2 billion trading volume on the Solana DEX, surpassing Uniswap V3. The airdrop allocated 1 billion tokens to over 955,000 wallets. An additional 3 billion tokens are reserved for future airdrops. JUP's value soared over 70% post-launch but settled below $0.67, achieving a $914 million market cap.
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