7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Manifest | JUPUSD/EPJFWD…TDT1V | $3.20M | 0.01% |
| TRADE |
| Manifest | JUPUSD/ES9VMF…NWNYB | $1.59M | 0.01% | TRADE |
| AlphaQ | JUPUSD/EPJFWD…TDT1V | $1.28M | 0.00% | TRADE |
| Raydium (CLMM) | JUPUSD/EPJFWD…TDT1V | $424.51K | 0.60% | TRADE |
| AlphaQ | JUPUSD/ES9VMF…NWNYB | $206.45K | 0.00% | TRADE |
| Omnipair | JUPUSD/EPJFWD…TDT1V | $0.53 | 0.00% | TRADE |
Top 6 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
JupUSD is a Solana-native stablecoin launched by Jupiter in partnership with Ethena Labs. It is issued using Ethena Labs’ Stablecoin-as-a-Service infrastructure and is backed by reserve assets held in institutional custody. At launch, reserves consist of USDC and Ethena’s USDtb.
USDtb is a tokenized dollar backed by tokenized U.S. Treasury exposure and issued under a licensed, GENIUS-compliant framework. JupUSD is minted and redeemed against these reserves through controlled mint-and-redeem mechanisms. JupUSD does not accrue yield to holders.
Any changes to reserve composition, custody arrangements, or issuance mechanics are disclosed through official Jupiter communication channels. JupUSD is not a yield-bearing stablecoin.
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