Jupiter Perps Airdrop 2026: Points, Season & Payouts
Jupiter rewards JUP stakers through quarterly Active Staking Rewards and historically ran annual Jupuary airdrops. On the perps side of the Solana DEX, JLP liquidity providers earn the real yield.
How to earn Jupiter Perps points
Documented earning mechanics as of 2026-07-05. Multipliers stack where the program allows it.
| Method | Points / $ | Multiplier | Details |
|---|---|---|---|
| Perps Trading | — | 1x | Perps trading earns no JUP rewards as of July 2026 — leaderboards and referral fee discounts only. |
| JLP Holding | — | 1x | JLP liquidity providers earn real yield: 75% of Jupiter platform fees accrue into the JLP pool NAV. This is yield, not points. |
| JUP Staking (ASR) | — | 1x | Staked JUP earns quarterly Active Staking Rewards (historically around 50M JUP per quarter), time-weighted with a 50 JUP minimum. |
What Jupiter Perps has actually paid out
| Season | Date | Distributed | Price at drop | Eligibility |
|---|---|---|---|---|
| Jupuary 1 | 2024-01-31 | 1B JUP | $0.72 | Users of Jupiter Swap before November 2023 — about 955,000 wallets, tiered by interactions and volume. JUP opened near $0.41 and reached ~$0.72 on debut day. |
| Jupuary 2 | 2025-01-22 | 700M JUP | $0.85 | Jupiter users active 2023-11-03 to 2024-11-02, tiered by volume; claims opened 2025-01-22. Worth roughly $575-616M at claim-window prices. |
Status note (2026-07-05): Jupuary is being wound down: a DAO net-zero-emissions vote on 2026-02-22 postponed the 2026 edition, and while a final distribution (reported at 400M JUP with an April-July 2026 claim window) circulated, its execution is not primary-source confirmed, so it is not listed in the history table. ASR continues quarterly. Points may never convert to tokens, and conversion ratios are set by the team at distribution time. Never trade solely to farm an airdrop.
FAQ
Is the Jupiter Perps airdrop confirmed?
Jupiter Perps has already distributed at least one airdrop (Jupuary 1, 1B JUP). The current program is live, but future distributions and conversion rates are never guaranteed.
How do I earn Jupiter Perps points?
Perps Trading, JLP Holding, JUP Staking (ASR) — details in the table above. Points accrue to the account you trade with, and signing up through a referral link does not reduce your points.
What did earlier Jupiter Perps seasons pay?
Jupuary 1 (2024-01-31): 1B JUP at ~$0.72 per token; Jupuary 2 (2025-01-22): 700M JUP at ~$0.85 per token.
Other active programs
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Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.