Token Vitals

    Crypto Health Check Platform

    Blog
    Back to home

    Jupiter Perpetuals Liquidity Provider Token

    JLP

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    07.010
    Risk Level:
    Medium
    Recommendation:Speculative position only
    Evaluated:May 11, 2025 at 11:40 PM

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Jupiter Perpetuals Liquidity Provider Token (JLP) offers a streamlined on-chain vault share for diversified perpetual market exposure on Solana.

    • Development & Security: Active, well-structured development (7/10) backed by two Halborn/Trail of Bits audits, a strong bug bounty, timelocks and multisig controls (8/10). Smart-contract risk remains manageable but warrants ongoing review.
    • Tokenomics & Utility: Elastic mint/burn mechanics align supply with AUM, fee-sharing rewards and yield-optimization bolster demand (7/10). Lack of vesting or pre-allocation simplifies economics but central admin keys pose a custodial risk.
    • Market Position & Community: The single-token LP concept fills a clear derivatives fragmentation gap, yet faces stiff competition (GMX, dYdX) and moderate grassroots engagement (6/10). Governance is hybrid, with on-chain voting promised but core control still centralized (6/10).

    Overall, JLP combines robust security and solid tokenomics with active development. Its success hinges on sustained perpetuals volume, TVL growth and deeper community adoption in a competitive landscape.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    07.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    07.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    08.010

    About Jupiter Perpetuals Liquidity Provider Token (JLP)

    Jupiter Perpetuals Liquidity Provider Token (JLP)

    Jupiter Perpetuals Liquidity Provider Token (JLP) is an SPL-standard token on the Solana blockchain that represents a share of liquidity provision in the Jupiter Perpetuals protocol, a decentralized derivatives trading platform. JLP holders participate in trading fee distributions, liquidity mining incentives, and governance mechanisms without the need to manage multiple positions across perpetual markets.

    Token Details

    • Name: Jupiter Perpetuals Liquidity Provider Token
    • Symbol: JLP
    • Standard: SPL-20 (Solana Program Library)
    • Network: Solana

    Key Features

    • Tokenized Liquidity: Single-asset representation for multi-market perpetual liquidity pools.
    • Fee Sharing: Automated distribution of protocol trading fees to JLP holders.
    • Yield Optimization: Integrated with liquidity mining and yield-compounding strategies.
    • Governance Participation: Voting rights for community proposals and protocol upgrades (where applicable).
    • Cross-Market Access: Unified exposure to diverse perpetual derivatives markets.

    Use Cases

    1. Decentralized Liquidity Provision: Supply collateral to perpetual markets via a single token.
    2. Simplified Position Management: Manage liquidity across multiple markets without individual LP tokens.
    3. Governance Engagement: Participate in protocol decisions through JLP-based voting rights.

    Resources

    • Official Website: https://jup.ag/perp
    • Documentation: https://docs.jup.ag/perp

    Similar Rated Tokens

    Ozone Chain

    OZO

    Score: 6.0
    Medium

    VeChain

    VET

    Score: 7.0
    Medium

    Big Time

    BIGTIME

    Score: 6.0
    High

    Ankr Network

    ANKR

    Score: 8.0
    Medium

    Anzen USDz

    USDZ

    Score: 6.0
    Medium

    Level USD

    LVLUSD

    Score: 6.0
    Medium

    Liquity

    LQTY

    Score: 8.0
    Medium

    Wrapped AVAX

    WAVAX

    Score: 6.0
    Medium

    More for DeFi Investors

    • Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
    • AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
    • Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
    • On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
    • US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
    • Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.