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Jupiter burns 3 billion JUP tokens, cutting total supply by 30% to boost token value.

Protocol Fundamentals
21 Oct 2026
Tokenpost
View Source
Bullish
Jupiter burns 3 billion JUP tokens, cutting total supply by 30% to boost token value.

Jupiter, a Solana-based platform, burned three billion JUP governance tokens on January 26, 2025, reducing its original total supply by 30%. This burn removed 32.7 million tokens from circulation, with the rest coming from noncirculating supply. The move aims to support token value and follows Jupiter's ongoing buyback program, which has repurchased over 250 million JUP since February 2025. The Jupiter DAO also voted to burn 134 million JUP accumulated through buybacks, signaling a continued effort to manage token supply and enhance value for holders.

As of Oct 22, 2026 03:52 WIB, JUP trades at Rp6.008 on Pluang, showing a 1-day gain of 4.78%. The circulating supply stands at 3.3 billion tokens, which is 49% of the total 6.9 billion JUP. The market cap is Rp19.85 trillion, with a 24-hour trading volume of Rp822.06 million, highlighting ongoing investor interest in the token.

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