Jupiter Perps Stats: Volume, Fees & OI Data
Rating
Trading Info
Fee Comparison
Advantages
- Zero maker fees and competitive 6 bps taker fee
- Seamless integration with Jupiter's swap aggregator and DeFi ecosystem
- Fast execution leveraging Solana's ~400ms slot times
- JLP pool has delivered consistently strong yields for LPs
- Any-token deposits via automatic swap routing on entry
Considerations
- Limited to ~10 trading pairs, far fewer than competitors
- Newer perpetual product with less than two years of track record
- Solana network congestion can cause delayed or failed transactions
- Oracle dependency on Pyth Network for all price feeds
- No advanced order types like trailing stops or conditional orders
Jupiter Perps Review 2026
Jupiter Perps launched in early 2024, building on Jupiter's position as Solana's largest DEX aggregator. The perpetual futures product taps into Jupiter's existing user base and liquidity infrastructure, using a pool-based model similar to GMX where the JLP (Jupiter Liquidity Provider) pool acts as the counterparty to all trades. JLP holds a basket of blue-chip assets including SOL, ETH, BTC, and USDC, with traders effectively taking positions against the pool. Pricing comes from Pyth Network's oracle feeds, which means zero price impact on trades regardless of size.
The JLP pool has drawn significant capital because of its yields. The pool earns revenue from trading fees (6 bps per trade), borrow fees from leveraged positions, and the natural price movement of the underlying assets. JLP returns have frequently exceeded 30-50% APY during high-volatility periods, which regularly attracts billions in TVL. The pool's composition is dynamically rebalanced to maintain target weights, and its performance is transparently tracked on-chain.
Solana's speed and low costs carry over to Jupiter Perps directly. Transactions settle in roughly 400 milliseconds with fees measured in fractions of a cent, so actively managing positions does not cost much in gas. The integration with Jupiter's swap aggregator means traders can deposit any SPL token as collateral. The protocol routes through Jupiter's aggregation engine to convert into the required collateral type. For Solana-native traders with tokens spread across many SPL assets, this removes a friction point.
The main limitation is the narrow market selection: only around 10 perpetual pairs focused on the largest crypto assets (BTC, ETH, SOL, and a handful of others). This concentrates liquidity and keeps execution quality high, but traders looking for altcoin or long-tail perps will need to go elsewhere. The platform also lacks some advanced order types that experienced traders expect, like trailing stops and OCO (one-cancels-other) orders. Jupiter Perps has grown quickly on Solana though, and features from the broader Jupiter ecosystem tend to pull in users who then discover the perps product.
Related Resources
Frederick Cormack
VC & Crypto Derivatives AnalystDerivatives analyst with 8+ years in crypto & venture capital. Tested every protocol on PerpFinder with real funds.
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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.
Key Features
Audits
Frequently Asked Questions
What is the maximum leverage on Jupiter Perps?▾
Jupiter Perps supports up to 100x leverage on major pairs. Available leverage varies by asset based on the composition and utilization of the JLP liquidity pool.
Does Jupiter Perps charge maker fees?▾
Jupiter Perps charges zero maker fees and 6 basis points (0.06%) for takers. This makes it one of the most cost-effective perp platforms for traders who primarily use limit orders.
How many trading pairs does Jupiter Perps support?▾
Jupiter Perps currently offers around 10 perpetual pairs, focused on the largest crypto assets including BTC, ETH, and SOL. The limited selection is intentional — concentrating liquidity improves execution quality on the available markets.
Has Jupiter Perps been audited?▾
Jupiter Perps has been audited by OtterSec and Offside Labs. Both are well-regarded Solana security firms, and the audits cover the core perpetuals smart contracts and JLP pool mechanics.
How does the JLP pool work?▾
The JLP (Jupiter Liquidity Provider) pool holds a basket of blue-chip assets and acts as the counterparty to all trades on Jupiter Perps. LPs earn revenue from the 6 bps taker fee, borrow fees on leveraged positions, and underlying asset price movements. JLP yields have frequently exceeded 30-50% APY during high-volatility periods.
What are the speed benefits of Solana for trading?▾
Solana settles transactions in roughly 400 milliseconds with fees measured in fractions of a cent. This makes Jupiter Perps viable for active position management without gas costs eating into profits on smaller trades.
How does Jupiter Perps price trades?▾
Jupiter Perps uses Pyth Network oracle feeds for all price data, providing zero price impact on trades regardless of size. Execution happens directly against the oracle price rather than through an order book, eliminating slippage on standard-sized positions.
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Visit Jupiter Perps — Up to 1% of volumeTrading perpetual futures carries significant risk, including potential total loss of capital. Past performance is not indicative of future results.