The JLP token is a liquidity provider token for Jupiter’s perpetual exchange, representing a share of the liquidity pool and allowing holders to earn a portion of trading fees generated on the platform.
JLP is a mid-cap asset that represents the protocol's native governance or utility token. This asset is exposed to the underlying risks of Jupiter Perpetuals Exchange, a protocol rated as Average.
Jupiter Perpetuals Exchange
JLP does not have a supply schedule. The JLP token is a liquidity provider token for Jupiter’s perpetual exchange, representing a share of the liquidity pool and allowing holders to earn a portion of trading fees generated on the platform.