Learn How to Buy Jupiter on Solana Chain in Minutes

What is Jupiter?

Before we learn how to buy Jupiter on Solana, let’s first explore what Jupiter is. Jupiter Exchange is the biggest decentralized aggregator on the Solana blockchain; it scans multiple DEXs, aggregates liquidity from them, and provides the best price to a trader for carrying out DeFi activities.

$JUP is the native token of the Jupiter exchange and plays a vital role in its governance, liquidity incentives, and trading fees. Jupiter Exchange provides a multitude of features to its users: swap a token, place a limit order, buy a token using dollar cost averaging, place a perpetual contract, and bridge assets across multiple chains, to name a few. In this blog post, we shall see how you as a trader can perform these activities without any hassles.

$JUP Token Statistics

Market Cap	$2.11 B
Circulating Supply	$2.63 B
Total Supply	$6.99 B
Max Supply	$10 B
All-Time High Price	$2.04
All-Time Low Price	$0.4557
Explorers	solscan.io, solana.fm

Current Jupiter Price

Jupiter Token Distribution Breakdown

Team Tokens: 20%

Reserved for the Jupiter Team. These are vest over time to reward team members.

Jupuary: 20%

For the Jupuary Airdrop events

Strategic Reserve: 19.04%

For strategic purposes like partnerships, future growth, or securing liquidity for the project.

Community Reserve: 14.29%

Allocated to community rewards, incentives, grants, and ecosystem development.

Initial Airdrop: 14.28%

Tokens given to early adopters and community supporters

Mercurial Holder: 5%

Given to the holders of Mercurial tokens to compensate or integrate Mercurial’s community into Jupiter.

Launch Pool: 3.57%

Tokens distributed to users through a launch pool

DAO Funding: 1.43%

Allocated to fund the Jupiter DAO (Decentralized Autonomous Organization) to help with governance and project development.

Jup LFG Fee: 1.43%

A small portion likely set aside for marketing, promotional events, or ecosystem fees.

Immediate LP Needs: 0.71%

To fulfill the immediate needs of liquidity for decentralized exchanges (DEXs) or trading pools to support initial trading pairs.

MM Loans (CEX): 0.25%

For Market Maker (MM) loans on centralized exchanges (CEX) to provide liquidity.

Next Token Lock/Unlock Events

The next token lock/unlock events are scheduled for March 27, 2025, and January 31, 2026.

How to Buy Jupiter on Solana Directly on Jupiter Exchange?

For all of our illustrations, we shall use the Jupiter Exchange Interface. Before you can buy Jupiter token or do any other DeFi activity on Jupiter Exchange, you need to connect a wallet that supports the Solana blockchain. You can connect the following wallets with the exchange:

Non-custodial Wallets:

Phantom
Solflare
BackPack (multi-chain wallet)
Coinbase Wallet
Magic Eden Wallet(works with SOL and SPL tokens)
Trust Wallet
Coin98 Wallet
TipLink (allows sending and receiving tokens with a link)
Bitget Wallet

Cold Wallets:

Ledger
Trezor

Metamask: Use MetaMask if you want to swap some EVM-based assets like Wormhole-wrapped tokens (ex, wBTC, wETH, and Wormhole USDC) on Jupiter Solana Exchange.

WalletConnect: Use this open-source protocol if you want to connect your mobile wallet to a desktop application on a browser.

You can also connect to the Jupiter Exchange using your Google, X, or Apple accounts.

1. Spot Trading on Jupiter Exchange

You can do a simple swap, place a limit order, or do Dollar Cost Averaging for your Jupiter token.

A. How to Buy Jupiter on Solana Using A Simple Swap

To perform a Jupiter Solana swap, open the Jupiter website. By default, it opens the swap page (‘Instant’ is pre-selected). The steps of how to buy Jupiter on Solana are explained here:

Click Connect Wallet. This opens a list of wallets that can be connected to Jupiter Exchange.

Select a wallet that you want to connect to Jupiter.

Select a token you intend to sell and enter the selling amount. You can select “half” or “max” of the total amount of the token that you hold in your wallet.

To buy Jupiter, select it from the list (you want to buy it by selling the token you had selected in the second step.

Select between ‘Ultra’ or ‘Manual’ modes. If you select ‘Ultra’, Jupiter automatically selects the best or the optimal settings for your trade: it auto-determines the slippage amount dynamically. It also selects the transaction fee using the platform’s dynamic max cap, which depends on the amount of your trade. If you select ‘Manual’, you can decide between dynamic or fixed slippage.

Before you swap, review the network fee, price impact, and the route that Jupiter has decided to provide you with the optimal price. The interface shows you the Exchange Rate for the token you have selected.

The system determines the price impact depending on the liquidity available. The bigger the trade size, the more the impact on price. The system also shows all the routing paths or markets that Jupiter plans to use for carrying out the trade. Read more about the routing engine here.

Click Swap. This opens a confirmation window on your wallet. Click Confirm. The Jupiter Solana swap is finalized and you receive Jupiter tokens in your wallet.

B. How to Buy Jupiter on Solana with Limit Order

Instead of buying at Market Price, you can also buy Jupiter on Solana at the limit price that you decide.

Open the Jupiter website. For executing a limit order, select the ‘Trigger’ option on the terminal. Connect your wallet.

Under ‘Selling’, select the tokens that you would use to buy Jupiter tokens. Enter the amount of this token. Select half or max amount for buying.

Under ‘Buying’, select Jupiter token.

Below the Selling and Buying options, there is an option to set your Limit Price, i.e. the price at which your order will be executed or at which you want to buy a JUP token. Set your limit order price. The system will warn you if the limit price you select is quite higher than the market price.

Select the expiry period for this order. The interface will display warnings related to the execution price that you entered.

Click Place Trigger Order.

Confirm the order in your wallet.

When the price of the token you selected under ‘Selling’ matches your limit order price, the order is executed and you receive $JUP in your wallet. The platform fee mentioned on the interface would be cut by Jupiter.

Let us understand how Limit Order works with a simple example:

Assume that Solana is trading at $173.71 and JUP is trading at $0.8045. If you select the “Use Market” option, it means you are buying JUP @0.8045/173.71 = 0.0046.

Instead, if you want to buy Jupiter at @0.0040 SOL, this means that the Solana price you want to buy $JUP at is 0.8045/0.0040 = $201.125 and this further means that you would now be able to buy 201.125/0.8045 = 250 JUP tokens. So, when Solana’s price reaches $201.125, your limit order will be executed and you will receive $JUP in your wallet.

If the size of your trade is big and Jupiter cannot find enough liquidity for it, it will break down the order into smaller parts and continue executing these parts until the whole order is complete as long as the expiration time you set has not elapsed. Any unfulfilled orders would be canceled.

C. How to Buy Jupiter on Solana with Dollar Cost Averaging (DCA)?

Dollar Cost Averaging is a strategy that lets you buy a token or make an investment at regular time intervals irrespective of the price of the token. This means you can make steady investments on a daily, weekly, or monthly basis.

When you buy Jupiter Solana via DCA, you need to configure the period of buying and the amount to be bought during this period. Jupiter keeps on buying the tokens for you automatically. The platform makes the first buying immediately after you execute DCA.

Every time your tokens are purchased with the DCA strategy, a platform fee of 0.1% is deducted by Jupiter. For example, if you receive 20 SOL tokens after Dollar Cost Averaging is brought to execution, you will get 20*(100-0.1) %, which comes out to be 19.98 SOL.

The purchase of any other token than the native SOL token requires creating an Associated Token Account (ATA). ATA is an account on the Solana blockchain that can hold your SPL tokens. When you initiate DCA, Jupiter automatically creates an ATA account for that token. ATA is like a standard vault where all your DCA tokens can be stored.

After a token is first purchased with DCA, the platform automatically withdraws and deposits each token into your wallet. This makes each round of purchase and transfer a seamless process. Without ATA, you would not be able to see your tokens transferred in real-time. If you manually close your ATA account, your tokens will keep on accumulating and you will be able to see them in your wallet only after the DCA period ends.

The steps of how to buy Jupiter on Solana are as follows:

Open the Jupiter Website and select the ‘Recurring’ option. Connect your wallet.

Select the token that you want to allocate for buying JUP tokens. Let us assume you allocate the SOL token.

Enter the amount of SOL that want to put into DCA. Jupiter’s interface requires a user to invest at least 120 SOL tokens for DCA.

Select the purchase frequency (starting from 1 minute up to a month). Also, set the duration of these orders.

Click Start DCA.

Confirm the notification in your wallet. You receive the first set of $JUP tokens in your wallet.

2. Perpetual Trading on Jupiter Exchange

A trader can open long and short positions in one of the three tokens on Jupiter Perps DEX: SOL, ETH, and wBTC. These positions can be leveraged up to 100X using collateral that is deposited by the trader. The collateral helps a trader to keep his long and short positions intact.

The perpetual trading on Jupiter exchange gets its liquidity from the JLP pool. This pool, in addition to the three tokens mentioned above, has USDC and USDT tokens. The LP pool acts as a counterparty for traders that use Perps exchange. In return for providing liquidity, the pool earns fees from the traders’ activities; this fee is distributed among liquidity providers.

How to Buy Jupiter Using Perpetual Trading?

Open the Jupiter Perps website. Connect your wallet.

Select the token with which you intend to take a long or short position.

Select the Long or Short tab.

Select the Market or Limit tab (whether you want to open a position at Market Price or Limit Price).

Under You are Paying, select a token that you want to deposit as collateral for maintaining your long or short position. Enter the amount of this token.

Drag the leverage slider to fix a leverage amount for your trade.

Click Open Long or Open Short. This opens a long or short position for your token.

3. Buy an Asset using Jupiter Solana Bridge

You can buy an asset on Jupiter using its USDC Bridge powered by Circle.

Open the Jupiter Bridge Website. Select the token that you want to bridge from the source blockchain to the destination blockchain. Connect the wallet associated with the source chain. Enter the amount of this token. Select the wallet associated with the destination chain and select the token associated with the destination chain. The interface displays the best route for this bridging transaction.

Click Approve and Proceed with Transaction.

How to Buy Jupiter Directly from CEX and DEX

Jupiter token trades on a lot of Centralized and Decentralized exchanges. Among CEXs, the most common ones with high 24-hour volume are Binance, Gate.io, MEXC, OKX, HTX, and Bybit. Among DEXs with high liquidity scores are Metteora VD, Orca, and Raydium. Jupiter on these exchanges is available as a trading pair with USDT, USDC, EUR, SOL, and other tokens.

Conclusion

There are multiple ways to buy Jupiter tokens. You can follow the same steps to buy other assets on Jupiter Exchange via the Solana blockchain.

Disclaimer

This article is for informational purposes only and is NOT a financial advice. We do not promote, in any form, any cryptocurrencies or tokens mentioned herein. The content of this article is based on the information available up to the knowledge. You should be aware that investing in any cryptocurrency is subject to market risk and you MUST do your own due diligence (DYOR) before you put any money in any of the coins.