According to BlockBeats, the Jupiter protocol has reported a revenue of $102 million in 2024, ranking seventh among Solana DApps. The primary source of this income is Jupiter Perps, which holds an 84% market share in Solana's PerpDEX.
In December 2024, the protocol's revenue increased sevenfold compared to January, rising from $3 million to $21 million. This surge was notably driven by explosive growth over the past two weeks, attributed to U.S. President Donald Trump's influence, resulting in a revenue of $35.86 million. This two-week period accounted for nearly 40% of the total revenue from the previous year.
Based on last year's revenue estimates, approximately $50 million is expected to be allocated for the buyback of JUP tokens. Currently, JUP's market capitalization stands at $2.04 billion, representing 2.4% of its current market value.