JupUSD (JUPUSD) Price
JUPUSD RANK #408The price of JupUSD (JUPUSD) is calculated in real-time by aggregating the latest data across 6 exchanges and 8 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. JupUSD is a Solana-native stablecoin launched by Jupiter in partnership with Ethena Labs. It is issued using Ethena Labs’ Stablecoin-as-a-Service infrastructure and is backed by reserve assets held in institutional custody. At launch, reserves consist of USDC and Ethena’s USDtb. USDtb is a tokenized dollar backed by tokenized U.S. Treasury exposure and issued under a licensed, GENIUS-compliant framework. JupUSD is minted and redeemed against these reserves through controlled mint-and-redeem mechanisms. JupUSD does not accrue yield to holders. Any changes to reserve composition, custody arrangements, or issuance mechanics are disclosed through official Jupiter communication channels. JupUSD is not a yield-bearing stablecoin.
