JLaunchpad price

Why Jupiter's JLP premium is cooked: As many of you know from past posts and livestream I was a huge advocate for JLP Here are the reasons why I'm rotating out of it and where I'm reallocating that liquidity 1/ failed to build a perps product that hit escape velocity and appealed to traders / users UI is not great compared to now new existing other alternatives, last main airdrop allocation to traders using perp product was poor we can see this take backed by the fact that the entire product currently has only ~$400M in OI currently this may sound like a lot but for context the OI of just FARTCOIN on Hyperliquid is ~$270M, and on bigger pairs like BTC its ~$2.9B Less trading / OI = less fees to the Jup perps platform = less fees to JLP holders, thus why the APY return is now in the negative 2/ Current weighting isn't ideal at this stage in the market SOL = ~47%, ETH =~8%, BTC = ~14%, USDC = ~31% USDT = 0.01%, TLDR very high SOL and USDC weighting If I want SOL exposure - I either just hold SOL or borrow it against something correlated to it like BTC I would like the BTC exposure for JLP to be at least 30% from its current 14% Stables can be more productive by depositing it in things like Openeden or level Or deposited into a vault in a tokenless perps protocol like Paradex and Lighter where I can farm yield and easy "passive points" 3/ Opportunity costs + lack of future catalysts Makes more sense to do a few clicks + get exposure to airdrops on new protocols > than holding onto $JLP There's no Jupiter Season 3 (Jupuary) in sight Even if there were, based on how S2 went users are unlikely to bother farming JUP perps again when they could be doing HyperEVM or other tokenless perp DEXs like Extended, Paradex, Lighter, Ostium, Variational, ect.. For all the reasons mentioned I think it's unlikely that a sudden rebound in Jup perps volume and OI will happen anytime soon and is more likely to keep bleeding from here Post inspired by @katexbt posts from around a week ago

If you are tired of the toxic slop on the Solana twitter timeline, I invite you to go back to the basics, at least for the weekend. And when it comes to Kamino, will stick to credit, borrowing and lending, bringing good assets on Solana and letting people make good use of them. So much more refreshing and so much easier to be proud of your work. And for non-toxic content, here’s a nice tweet that yours truly wrote in December and became an under appreciated, yet instant classic 👇

📌 Spotlight from #Vectis Vaults Weekly Report -2025.7.4 ▪️JLP Hedging Strategy continues to perform well, with all associated benefits flowing positively back to us. 🔗 ▪️Arbitrage vault yields rose this week, but due to temporary tech issues from @Backpack, we’re adjusting by opening positions more conservatively and staying hyper-focused on optimal timing. ▪️ #Allora AI Trading encountered a price prediction reversal case during a wave of withdrawals. The model is still learning and adapting in real time. ▪️#Multilend remains our most stable and consistent strategy across all market conditions.

── .✦ Vault Strategies: hJLP vault ⸝⸝.ᐟ⋆ Solana's largest perp DEX @JupiterExchange generated $180M+ in fees… but LPs still face brutal market swings. @gauntlet_xyz hJLP vault on @DriftProtocol changes the game. Delta hedged, risk optimized and automated, designed to capture JLP yield without riding the price rollercoaster. Here’s how it works ˎˊ˗

Vectis JLP Navigator is back with strong performance APR ≈ 25% = Leveraged JLP Yield+ Funding Rate – Borrowing Costs (Numbers don’t lie） 📈 JLP Yield: Up from 15.16% → 21.89% in the past 4 weeks 📈Funding rates: Mostly positive over the last 30 days ✅Borrowing costs: Still low = lower expenses 📈Deposits: Steady growth with momentum building 💎 And for Prime user, you’ll get 1-on-1 strategy support and monthly drops. Yield, capital efficiency, inflows, and rewards — all set. ➡️ Farm USDC. Live chill. That’s #Vectis