Total Value Locked$581.36m
TVL by Chain
Solana$581.36m
Key Metrics
Fees 30d$8.75m
Fees 30d by chain
Solana$8.75m
Fees 7d$2.64m
Solana$2.64m
Fees 24h$577,305
Solana$577,305
Cumulative Fees$835.43m
Solana$835.43m
Revenue 30d$2.19m
Revenue 30d by chain
Solana$2.19m
Revenue 7d$660,547
Solana$660,547
Revenue 24h$144,326
Solana$144,326
Cumulative Revenue$208.86m
Solana$208.86m
Holders Revenue 30d$75,934
Holders Revenue 30d by chain
Solana$75,934
Holders Revenue 7d$75,934
Solana$75,934
Holders Revenue 24h$0
Solana$0
Cumulative Holders Revenue$75,934
Solana$75,934
Perp Volume 30d$6.245b
Perp Volume 30d by chain
Solana$6.245b
Perp Volume 7d$1.9b
Solana$1.9b
Perp Volume 24h$424.74m
Solana$424.74m
Cumulative Perp Volume$513.653b
Solana$513.653b
Open Interest$33.31m
Active Loans$124.86m
Protocol Information
Jupiter Perpetual Exchange is a LP-to-trader perpetual exchange based on oracle prices.
Part of Jupiter
Methodology
TVL: TVL sums each Custody's tokenAccount SPL balance (LP liquidity plus trader collateral held in the same custody token account) plus Custody.totalStakedAmountLamports (the SOL custody's natively-staked portion held in Solana stake accounts). Borrowed is Custody.debt/1e9 per asset — USDC lent out to JLP-loan borrowers, fully collateralized by JLP, reported separately.View code on GitHubFees: Trading, swap, borrow, liquidation and JLP mint/burn fees paid by users, plus staking rewards on the pool's SOL and JLP Loans interest.View code on GitHubRevenue: 25% of all fees, sent to Jupiter.View code on GitHubHolders Revenue: No holders revenue on this listing: the JUP bought back with the other half of the 25% of fees sent to Jupiter is counted on the Jupiter Aggregator listing.View code on GitHubPerp Volume: Notional volume of all trades including leverage on the perp exchangeView code on GitHubJupiter Perpetual Exchange history
TVL is the default DefiLlama definition, which excludes Active Loans. Daily values are UTC snapshots from Jan 29, 2024 to Nov 14, 2026.
All-time high TVL: $2.652b on Sep 14, 2025. All-time low TVL: $87.61m on Jan 29, 2024.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Oct 16, 2026 | $746.96m |
| Oct 17, 2026 | $738.77m |
| Oct 18, 2026 | $736.17m |
| Oct 19, 2026 | $738.36m |
| Oct 20, 2026 | $737.35m |
| Oct 21, 2026 | $747.73m |
| Oct 22, 2026 | $747.17m |
| Oct 23, 2026 | $729.72m |
| Oct 24, 2026 | $722.93m |
| Oct 25, 2026 | $722.88m |
| Oct 26, 2026 | $716.39m |
| Oct 27, 2026 | $714.12m |
| Oct 28, 2026 | $717.51m |
| Oct 29, 2026 | $719.18m |
| Oct 30, 2026 | $681.98m |
| Oct 31, 2026 | $695.22m |
| Nov 1, 2026 | $691.98m |
| Nov 2, 2026 | $686.97m |
| Nov 3, 2026 | $670.7m |
| Nov 4, 2026 | $674.47m |
| Nov 5, 2026 | $694.32m |
| Nov 6, 2026 | $661.64m |
| Nov 7, 2026 | $664.31m |
| Nov 8, 2026 | $660.93m |
| Nov 9, 2026 | $646.38m |
| Nov 10, 2026 | $646.31m |
| Nov 11, 2026 | $631.94m |
| Nov 12, 2026 | $634.37m |
| Nov 13, 2026 | $622m |
| Nov 14, 2026 | $602.49m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.721b |
| Jan 31, 2025 | $1.92b |
| Feb 28, 2025 | $1.546b |
| Mar 31, 2025 | $1.419b |
| Apr 30, 2025 | $1.575b |
| May 31, 2025 | $1.597b |
| Jun 30, 2025 | $1.608b |
| Jul 31, 2025 | $1.817b |
| Aug 31, 2025 | $2.286b |
| Sep 30, 2025 | $1.863b |
| Oct 31, 2025 | $1.817b |
| Nov 30, 2025 | $1.286b |
| Dec 31, 2025 | $1.144b |
| Jan 31, 2026 | $1.301b |
| Feb 28, 2026 | $768.83m |
| Mar 31, 2026 | $824.9m |
| Apr 30, 2026 | $683.26m |
| May 31, 2026 | $767.42m |
| Jun 30, 2026 | $700.62m |
| Jul 31, 2026 | $711.53m |
| Aug 31, 2026 | $758.22m |
| Sep 30, 2026 | $808.59m |
| Oct 31, 2026 | $695.22m |
| Nov 14, 2026 (latest) | $602.49m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.721b |
| Dec 31, 2025 | $1.144b |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $63.1m | $15.77m | $0 |
| Jan 2025 | $53.54m | $13.38m | $0 |
| Feb 2025 | $42.68m | $10.67m | $0 |
| Mar 2025 | $31.1m | $7.77m | $0 |
| Apr 2025 | $28.49m | $7.12m | $0 |
| May 2025 | $27.01m | $6.75m | $0 |
| Jun 2025 | $26.64m | $6.66m | $0 |
| Jul 2025 | $32.82m | $8.21m | $0 |
| Aug 2025 | $43.94m | $10.98m | $0 |
| Sep 2025 | $40.44m | $10.11m | $0 |
| Oct 2025 | $45.34m | $11.34m | $0 |
| Nov 2025 | $28.12m | $7.03m | $0 |
| Dec 2025 | $14.97m | $3.74m | $0 |
| Jan 2026 | $19.66m | $4.92m | $0 |
| Feb 2026 | $18.54m | $4.63m | $0 |
| Mar 2026 | $11.7m | $2.93m | $0 |
| Apr 2026 | $10.56m | $2.64m | $0 |
| May 2026 | $8.32m | $2.08m | $0 |
| Jun 2026 | $11.24m | $2.81m | $0 |
| Jul 2026 | $6.77m | $1.69m | $0 |
| Aug 2026 | $9.51m | $2.38m | $0 |
| Sep 2026 | $8.67m | $2.17m | $0 |
| Oct 2026 | $8.16m | $2.04m | $0 |
| Nov 2026 (to date) | $4.39m | $1.1m | $75,934 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/jupiter-perpetual-exchange
Frequently asked questions
What is Jupiter Perpetual Exchange's TVL?
As of Nov 14, 2026, Jupiter Perpetual Exchange has $581.36m in total value locked. TVL has decreased 21.2% over the past 30 days.
What chains does Jupiter Perpetual Exchange operate on?
Jupiter Perpetual Exchange operates on Solana. Solana holds the largest share at 100%.
How much has Jupiter Perpetual Exchange generated in fees and revenue?
Over the past 30 days, Jupiter Perpetual Exchange generated $8.75m in fees. Of that, $2.19m was protocol revenue. Based on the trailing year, the annualized rate is $147.06m in fees and $36.76m in revenue.
How does Jupiter Perpetual Exchange's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Jupiter Perpetual Exchange ranks #1 by TVL. The category holds $1.71b across 425 protocols, and Jupiter Perpetual Exchange accounts for 34% of that total. Similar protocols include GMX Solana, Phoenix Perp, BULK, TurboFlow Perps, Bumpin Trade, Drift Trade, Lavarage, Wasabi Perps, TRUE DEX, and Parcl V3.
How much has been borrowed through Jupiter Perpetual Exchange?
As of Nov 14, 2026, Jupiter Perpetual Exchange has $124.86m in active loans.