Jupiter Reveals Early Plans for 2025 Jupuary Airdrop
Explosive growth in users and $1.8T volume spurs major challenges to airdrop strategy.
- Published: Dec 18, 2024 at 17:33
- Edited: Dec 18, 2024 at 17:50
Despite the drama surrounding the last two governance proposals related to the Jupuary airdrop, progress is finally being made. Jupiter Exchange recently shared initial details for its highly anticipated 2025 Jupuary airdrop during a community call. The discussion emphasized the platform's remarkable growth over the past year, with both its user base and trading volumes expanding at an impressive rate. This growth has led to a significant change in the airdrop distribution strategy.
Exponential Growth Poses Airdrop Distribution Challaneges
Jupiter's data shows an exponential increase in activity, with more than 10 million wallets using the platform in 2025, a tenfold jump from the 1 million recorded last year. Trading volume also surged, surpassing $1.8 trillion—a staggering 50x growth compared to $35 billion in 2024. Among these, 3 million wallets completed swaps of at least $1,000, while 21,000 wallets recorded trading volumes exceeding $1 million.
Additionally, the number of power users, defined as wallets engaging with at least two Jupiter products, such as swaps, limit orders, DCA, perps, or Ape Pro, has reached 640,000.
Given the scale of this growth, Jupiter founder Mew explained that the platform could no longer afford to airdrop all users as it did last year. This year's distribution will focus on around 1 million eligible wallets, with volume thresholds yet to be finalized. A robust sybil detection system, proposed in recent governance discussions, will be implemented to exclude bots and farming accounts, further refining the list of recipients.
A Four-Tiered Airdrop Framework
Jupiter's airdrop will be divided into four categories to reward diverse forms of engagement:
Active Users: This portion will constitute the majority of the airdrop allocation and will be reserved for Jupiter users across all products.
JUP Stakers: A separate allocation will be set aside for JUP stakers with a special bonus for stakers who never unstaked and voted on all governance proposals.
Good Cats: A new category recognizes community contributors who have enriched the Jupiverse through content creation, volunteer efforts, or other forms of meaningful engagement.
Carrots, Not Sticks: Jupiter introduces a novel mechanism to encourage holding and staking airdropped tokens. Rather than penalizing those who sell, an additional allocation will reward users who hold or stake, with ASR pools topped up with more JUP tokens. An allocation will also be reserved for users who may have been mistakenly flagged as bots.
When Eligibility checker?
Jupiter plans to release an eligibility checker in January 2025 as part of its evolving airdrop framework. With more changes expected in the coming weeks, The real community sentiment will become more apparent once the checker goes live.
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