7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Manifest | JUPUSD/EPJFWD…TDT1V | $16.21M | 0.01% | TRADE | |
| Manifest | JUPUSD/ES9VMF…NWNYB | $5.49M | 0.01% | TRADE | |
| Orca | JUPUSD/EPJFWD…TDT1V | $5.26M | 0.60% | TRADE | |
| AlphaQ | JUPUSD/EPJFWD…TDT1V | $5.17M | 0.00% | TRADE | |
| Meteora | JUPUSD/EPJFWD…TDT1V | $1.89M | 0.60% | – | |
| Jup Lend AMM | JUPUSD/2UXAYT…DIIRT | $308.11K | 0.60% | – | |
| Jup Lend AMM | JUPUSD/EPJFWD…TDT1V | $144.17K | 0.60% | – | |
| Omnipair | JUPUSD/EPJFWD…TDT1V | $2.25 | 0.00% | TRADE |
Top 8 exchanges by 24h trading volume. Block Insider 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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