Jupiter Exchange announced an airdrop of 700 million JUP tokens scheduled for January, aiming to reward active community members, increase liquidity, and strengthen interactions within the Jupiverse ecosystem. The airdrop is planned to occur before the Catstanbul event on January 25, which is expected to enhance the platform’s decentralized network.
Airdrop Details
The airdrop will take place between January 18 and January 24, one week prior to the Catstanbul event. Founder Lochie Jarvis detailed the airdrop’s objectives, emphasizing its goal of rewarding community contributions and encouraging active users.
Fifty percent of the total JUP supply will be allocated to the community, while the remaining fifty percent will go to the team, whose tokens will undergo a vesting period until 2027. The airdrop will be based on participation derived from trading volume and activity, with users having a minimum trading volume of $800 eligible to receive 50 JUP tokens.
Market Impact
Currently, the JUP token trades at approximately $0.95, reflecting a 20% increase over the past week. According to DefiLlama reports, the Solana 
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