Jupiter, the decentralized exchange (DEX) aggregator platform on Solana, has launched an Airdrop checker tool, allowing users to check their rewards before the upcoming "Jupuary" Airdrop event.
Airdrop allocation checker link: https://jupuary.jup.ag
This event is designed to expand the ecosystem and attract more users to Jupiter, with a planned distribution of 700 million JUP tokens, equivalent to over $575 million at a price of $0.83 at the time of writing.
JUPUARY 2025 CHECKER IS LIVE
— Kash Dhanda (@kashdhanda) January 15, 2025
It's the most wonderful time of the year – Jupuary is nearly here!
Jupuary is our annual Airdrop designed to Grow the Pie. Our goal is to send a gift to qualified users, invite them to contribute their ideas through governance, and continue… pic.twitter.com/Cq6QTCim0l
The total of 700 million JUP tokens will be divided into three main groups:
- The largest group is users, consisting of individuals who have used Jupiter's products, particularly token swaps. This group will receive 440 million JUP tokens.
- Additionally, 60 million JUP tokens will be allocated to Jupiter token Stakers.
- The remaining 200 million JUP tokens will be dedicated to growth initiatives and incentives for users to hold or Stake tokens in the long term.
According to Kash Dhanda, a representative of Jupiter, around 2 million wallets will be eligible for this Airdrop. However, not all will receive the reward, and some eligible wallets may receive less than last year.
Dhanda emphasized that the wallets receiving the Airdrop this year are likely to be genuine users, who can participate in DAO governance and contribute to building a decentralized future.
Jupiter's Airdrop allocation system is designed based on multiple criteria to ensure fairness and encourage genuine user participation in the ecosystem. The Swap Score is the primary factor in determining the JUP token allocation. This score is calculated based on the adjusted USD trading volume and the user's trading efficiency compared to others in the system. The higher the score, the larger the token allocation.
To be eligible for the Airdrop, trades must have been executed between November 23, 2023, and November 1, 2024. However, trades from bot wallets, wallets that primarily trade on low-liquidity pairs, wallets active for less than 3 weeks, or those with suspicious activity will be excluded.
Users are divided into Tiers (from Tier 1 to Tier 8) based on their Swap Score, with specific score thresholds and corresponding JUP token allocations. For example, a Tier 1 user with 10 million points will receive 20,000 JUP tokens, while a Tier 7 user with 1,000 points will receive 50 JUP tokens. This tiering system ensures that the most active contributors to the ecosystem are rewarded accordingly.
To receive their allocation, users need to create a personal profile on the platform. This step is necessary to ensure that the token distribution is carried out correctly and transparently. Jupiter's allocation system not only encourages genuine participation but also eliminates invalid or low-quality trading activities, contributing to a healthy and sustainable community.
This strict eligibility criteria has led to disappointment for some users who did not receive tokens despite trading on Jupiter.
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