Jupiter Perps
Summary
Jupiter Perps is a perpetual-futures decentralized exchange (DEX) built on Solana, operated by Jupiter Exchange, offering up to 250x leveraged trading on SOL, ETH, and wBTC against a shared liquidity pool called JLP (Jupiter Liquidity Pool). The protocol has grown to become the dominant perps venue on Solana with a JLP TVL that surpassed $2 billion in September 2025 and over $100 billion in cumulative trading volume as of 2024. The platform has undergone multiple independent smart contract audits with no critical exploits against its own contracts reported, though JLP token holdings in third-party vaults were implicated as stolen assets in the April 2026 Drift Protocol breach.
Connected Entities
1 entities · 10 linked investigations- + 1 more
Timeline(11 events)
2023-10-03
OtterSec begins Jupiter Perpetuals smart contract audit; engagement runs through November 15, 2023.
OtterSec Audit Report2023-12-01
Jupiter Perps launches on Solana mainnet in Q4 2023 as an LP-to-trader perpetuals exchange.
The Rapid Rise of Perpetual Trading on Solana — Solana Floor2024-02-20
Offside Labs begins Jupiter Perpetuals Smart Contract Security Assessment; report published March 2024. No critical vulnerabilities found.
Jupiter Perpetuals Smart Contract Security Assessment — Offside Labs2024-06-04
Jupiter Perpetuals implements new price impact fee structure based on Gauntlet recommendations to protect JLP holders from large-order manipulation.
Gauntlet Jupiter Perpetuals Fee Structure Analysis2024-09-12
Chaos Labs' Edge oracle protocol emerges from stealth as Jupiter's primary price feed, having secured $30 billion in Jupiter trading volume over two months. Jupiter reports 70% reduction in price-staleness events post-migration.
Edge Oracle Emerges from Stealth with Jupiter — Decrypt2024-10-01
Jupiter Perps reaches $100 billion in cumulative trading volume. JLP TVL exceeds $760 million. Platform distributes $137.6 million to JLP holders year-to-date.
Jupiter Perpetual Exchange Distributes $137M to JLP — Solana Floor2025-02-01
Jupiter co-founder Ben Chow resigns from Meteora amid LIBRA memecoin controversy involving alleged insider trading; does not directly implicate Jupiter Perps operations.
Meteora Co-Founder Ben Chow Resigns Amid Meme Coin Scheme Allegations — DeFi Planet2025-09-07
Jupiter JLP pool TVL surpasses $2 billion on Solana, with an APY of approximately 17.58%.
Jupiter's Liquidity Pool TVL Surpasses $2 Billion — Bitcoin Ethereum News2025-09-10
Jupiter Perps raises maximum leverage to 250x for BTC, ETH, and SOL (up from 100x–150x previously).
Jupiter Perps 250x Leverage Upgrade — Jupiter Exchange on X2026-03-14
Moonshot International announces integration of Jupiter Perpetuals to serve its 2 million mobile users with up to 250x leverage.
Moonshot International Integrates Jupiter Perpetuals — PR Newswire2026-04-01
Drift Protocol is exploited for approximately $285 million via compromised admin keys and fake collateral. Approximately 41.72 million JLP tokens (worth ~$155 million) held in Drift vaults are among stolen assets. Jupiter Perps' own contracts are not compromised. JUP price drops ~3.25%.
$285M Gone in 12 Minutes — CryptoTimesDecision Log
- hash: 2VbmT3GUccCMfc3Wh6WDa9orT65hcfofMZZ8yekZxNft
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/1/2026, 1:19:49 PM
last updated: 6/1/2026, 1:19:54 PM
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