JUP, the native token of Solana-based decentralized exchange aggregator Jupiter, is off to a flying start as major exchanges have announced they will list the token upon its launch on January 31. Among the list, Bybit, Kucoin, Bitfinex, MEXC, Gate.io, HTX, and many more exchanges have all announced they will add support for JUP upon launch.
Instant Listing Hit
A few tokens boast of the instant listing success that JUP is seeing at the moment. Other Solana-based tokens take days, weeks, and sometimes months to get listed in as many of the caliber of centralized exchanges angling to have a bite of JUP.
The queue, however, is understandable, seeing how big the DEX Jupiter has grown. On January 29, Jupiter settled over $500 million in trades, temporarily becoming the biggest DEX by trading volume. The transaction surge saw it surpass Ethereum’s Uniswap, which has been at the top of the chart for a long time.
The impressive start to the week came after the exchange hit an all-time high in active traders the previous week. Jupiter saw a total of 578,000 traders, its highest in a single week, as its airdrop date draws closer. At press time, Jupiter sits second on the top DEX exchange chart with a 24-hour volume of $589 million.
The Big Boys Next?
Despite the massive listings, JUP airdrop hopefuls are still calling on the two biggest exchanges in the world, Binance, and Coinbase, to announce listings of the token upon launch. The duo have listed a handful of Solana-based tokens, but there have been no indications that they would add support for JUP at launch.
The announcement by any or both Binance and Coinbase would see JUP grow significantly in launch price, with the token already going for more than $0.7 on pre-launch. Jupiter’s WEN airdrop was also a success, fueling speculation that JUP would take the market by storm.
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