Jupyter, a DEX aggregator platform on Solana, has revealed the parameters for its second airdrop scheduled for January 2025.
The allocation plan for this airdrop includes 700 million JUP, which is equivalent to $581 million at the current market price.
2.3 Million Wallets Eligible for 2nd Jupiter Airdrop
According to Jupiter: The 700 million JUP for this airdrop will be distributed across two pools. Specifically, Jupiter will allocate 500 million JUP to users and staking participants and the remaining 200 million JUP to carrots and good cats:
Users: Individuals who conduct transactions on the Platform, such as exchanges.
Staking participants: those who participate in staking.
Islands: Users who continue to hold their airdrop rewards, buy/increase their JUP holdings, or are compensated after being wrongly classified as bots.
Good Cats: Contributors who make quality contributions to the community.
Jupiter also revealed that 2.32 million wallets out of a total of 10.65 million are eligible, accounting for about 22%. Of these, 2 million wallets meet the exchange volume criteria of around $1,000. In comparison, 320,000 wallets belong to expert traders who use advanced features such as limit orders, permanent exchanges, DCA, and Ape Pro.
Jupiter also noted that these terms are drafts. They are subject to possible change.
Number of eligible wallets for Jupiter airdrop
Earlier this year, Jupyter conducted its first airdrop, which became one of the largest in Solana’s history. The platform distributed 1 billion JUP to nearly 1 million wallets. Following the airdrop, the price of JUP surged 300%, from $0.45 to an all-time high of $1.85.
However, JUP is currently trading at around $0.85, with no significant price changes since the second airdrop criteria was announced.
Jupiter (JUP) Price Performance.
Data shows that JUP currently has a circulating supply of 1.35 billion, with a maximum supply of 10 billion. In August, the platform proposed and received 95% approval to burn 3 billion JUP—30% of the total supply—over six months.
Additionally, data from DefiLlama shows that the total value locked for Jupiter reached over 2.4 billion in December. The daily trading volume of perpetual contracts on the platform has averaged 1.5 billion in the past two months.
This is double the average trading volume in other months of the year. The data reflects the growing demand for trading on Jupiter.