| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Meteora | JUPRJZNTRTSP2UFA3ZBUFGWDAMTZCQ4MQCWYSN55USD/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.94M | 0.60% | — | |
| Orca | JUPRJZNTRTSP2UFA3ZBUFGWDAMTZCQ4MQCWYSN55USD/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $1.42M | 0.60% | TRADE | |
| Manifest | JUPRJZNTRTSP2UFA3ZBUFGWDAMTZCQ4MQCWYSN55USD/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V | $545.05K | 0.01% | TRADE | |
| Manifest | SO11111111111111111111111111111111111111112/JUPRJZNTRTSP2UFA3ZBUFGWDAMTZCQ4MQCWYSN55USD | $0.88 | 0.00% | TRADE |
Top 4 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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