Jupiter’s massive JUP token airdrop claim began Wednesday, and volume on the Solana decentralized exchange (DEX) aggregator soared to new heights in the process.

According to data from both CoinGecko and Jupiter itself, the platform has racked up more than $1.2 billion worth of daily trading volume over the past 24 hours. That makes it top among all crypto DEXes, beating typical leader Uniswap V3 on Ethereum with $854 million (per CoinGecko). Note that the tally does not include Uniswap volume on other chains.

Jupiter’s 24-hour rolling tally also appears to be an all-time record for the protocol, which has recently seen surging demand. Another data source, DeFi Llama, shows that Jupiter’s single calendar-day volume record is just above $1 billion on December 14, 2023.

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Author: Andrew Hayward

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