Jupiter Exchange to Distribute $60M in Rewards; Upbit Lists JUP in Solana Ecosystem

Jupiter Exchange has announced the distribution of approximately $60 million worth of Active Staking Rewards (ASR) to users who participated in the JUP DAO vote over the last three months.

This move aligns with Jupiter's principle that everyone who contributes value should receive value.

Additionally, Upbit, the largest cryptocurrency exchange in South Korea, has added support for JUP trading in Korean won, BTC, and USDT markets.

Jupiter is an aggregator project in the Solana ecosystem. Following the announcement, the price of JUP spiked by 35% within a minute before retracing to $0.80.

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