Jupiter Completes Burn of 32.7 Million Circulating JUP Tokens
Key Facts
Jupiter completed the burn of 32.7 million JUP tokens from the circulating supply as part of its 2025 supply reduction strategy. TokenPost reported that the burn reduced the original total supply by 30%, with 2.9673 billion tokens destroyed from the non-circulating supply.
The move is part of a planned effort to improve tokenomics and manage long-term inflation for the Solana-based platform. Jupiter has continued its supply reduction strategy by utilizing a portion of its on-chain revenue for token buyback programs to manage market supply levels.
Latest Updates · 1
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Update: Jupiter expanded its trading offerings by listing a TSLA token for 24/7 trading on the Solana network. This move aims to increase the asset options available to traders within the platform's decentralized ecosystem.