JupUSDJUPUSD Price

JupUSD is a Solana-native, reserve-backed stablecoin pegged 1:1 to the U.S. dollar. Issued by Jupiter Exchange in partnership with Ethena Labs to enhance on-chain finance within the Jupiter ecosystem.

Initially backed by 90% Ethena's USDtb—a licensed, GENIUS-compliant stablecoin collateralized by BlackRock’s BUIDL Fund—and a 10% USDC liquidity buffer with a secondary pool on Meteora, it plans to incorporate USDe over time for added resilience and economic efficiency.

JupUSD features institutional-grade self-custody through Porto by Anchorage Digital, a fully open-sourced codebase, and three independent audits from Offside Labs, Guardian Audits, and Pashov Audit Group.

JupUSD integrates deeply with Jupiter's product suite, starting with Jupiter Lend where users can lend, borrow, or multiply positions, earning unique promotional rewards via jlJupUSD tokens on top of standard yields.

Key features:

• powers spot trading pairs for swaps, limit orders, and DCA with rewards-while-you-wait

• enables gasless transactions and one-balance UX in Jupiter Mobile

• serves as collateral and settlement in Perps (gradually replacing JLP) and Prediction Markets

• directs revenue from reserves back to deepen ecosystem liquidity.