Jupiter (JUP)

So $JUP just pumped 15% - and I think this is just the start.

Most people see the price move. Fewer see the machine behind it - and how much value actually flows back to the token.

Here's what's live today, and what could be coming 👇

Buybacks - the big one
→ 50% of protocol revenue buys back JUP off the open market
→ Locked in the Litterbox Trust - over 144M JUP so far
→ More revenue = more buybacks = less circulating supply

DTF Launches - the best utility right now
→ Discounted entry before the public sale
→ The first launch ($WET) turned into a ~6.6x

Token burns
→ Projects burn 1,000 JUP for fast-tracked Verify review
→ Permanently burned, not paid to the team - a small but real sink

How they could capture even more:

→ Jupiter Card: Cashback tiers based on how much JUP you stake

→ Verify-style burns extended to more products - launches, listings, integrations

The more Jupiter ships, the more JUP captures. That's the thesis.

GUM just might be the most ambitious thing Jupiter has ever built.

One market for every asset on earth - private beta opens Monday, July 6.

Here's why it's bigger than most people think, and how it ties to @Jupnet 👇

The pushback I keep hearing:
"You can already buy tokenized stocks on Solana today. So what's new?"

True. And that's the point most people miss.

Buying a tokenized stock today is a demo. One asset in a thin pool isn't a market - it's a seed.

GUM grows that seed into the real thing:
→ Not a few US stocks - equities, forex, commodities \u0026 more
→ Not shallow pools - deep liquidity you can trade at size
→ Not an asset that just sits there - one you can borrow against, rotate, or spend

Today you just BUY the asset.

GUM is when it starts behaving like a real financial system:
→ Roll memecoin gains straight into gold
→ Take a loan and spend it in one transaction
→ Move money worldwide, no bank, no SWIFT

So where does JupNet fit?
→ GUM = the MARKET - where the assets and liquidity live
→ JupNet =