Solana Perps Hit $1T; Jupiter’s Share Disputed
CryptoBriefing and Coinfomania both report Solana perpetual futures topped $1.08 trillion in cumulative volume, but they give very different figures for Jupiter Perps’ share of that total.
CryptoBriefing and Coinfomania both report Solana perpetual futures topped $1.08 trillion in cumulative volume, but they give very different figures for Jupiter Perps’ share of that total.
What all sources agree on
- Solana perpetual futures platforms have surpassed $1.08 trillion in cumulative notional trading volume.
- Jupiter Perps (referred to as JupiterExchange by Coinfomania) is the leading platform by volume within this total.
- Drift Protocol is a contributing platform to Solana’s perpetual futures volume.
Where the reports disagree
1Jupiter Perps’ share of Solana’s perpetual futures volume
Jupiter Perps accounts for roughly 80% of Solana’s perpetual futures volume, contributing more than $1 trillion in annual trading activity on its own.
JupiterExchange leads with $510 billion in trading volume out of the $1.08 trillion total (about 47%).
What would settle it: On-chain transaction data or Jupiter Perps’ own protocol volume dashboard/statement covering the same period.
What to make of it
Treat the $1.08 trillion cumulative Solana perpetual futures figure as established, but do not rely on either outlet’s Jupiter Perps volume share (80% vs. ~47%) until it can be checked against on-chain data or Jupiter’s own reporting.
Treat the $1.08 trillion cumulative Solana perpetual futures figure as established, but do not rely on either outlet’s Jupiter Perps volume share (80% vs. ~47%) until it can be checked against on-chain data or Jupiter’s own reporting.
Original source: AltcoinGordon
Syndicated coverage. Originally reported by altcoingordon.com.
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