Logo of JupUSD

JupUSD(JUP)

Total Value Locked$42.98m

TVL by Chain

Solana$42.98m

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Protocol Information

JupUSD is a Solana-native, reserve-backed stablecoin pegged to the U.S. dollar, built by Jupiter in partnership with Ethena.

Category:Basis Trading

Audits:

Methodology

TVL: Tokens backing the minted JupUSDView code on GitHub

Competitors

JupUSD history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 5, 2026 to Oct 27, 2026.

All-time high TVL: $82.73m on Mar 30, 2026. All-time low TVL: $913,337 on Jan 22, 2026.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

DateTVL
Sep 28, 2026$44.07m
Sep 29, 2026$44.06m
Sep 30, 2026$45.06m
Oct 1, 2026$45.15m
Oct 2, 2026$45.15m
Oct 3, 2026$49.17m
Oct 4, 2026$49.17m
Oct 5, 2026$49.05m
Oct 6, 2026$48.66m
Oct 7, 2026$48.48m
Oct 8, 2026$48.09m
Oct 9, 2026$47.4m
Oct 10, 2026$47.32m
Oct 11, 2026$47.33m
Oct 12, 2026$47.34m
Oct 13, 2026$46.82m
Oct 14, 2026$46.62m
Oct 15, 2026$46.08m
Oct 16, 2026$44.64m
Oct 17, 2026$43.96m
Oct 18, 2026$43.98m
Oct 19, 2026$43.9m
Oct 20, 2026$43.12m
Oct 21, 2026$42.96m
Oct 22, 2026$42.97m
Oct 23, 2026$42.95m
Oct 24, 2026$42.96m
Oct 25, 2026$42.97m
Oct 26, 2026$42.97m
Oct 27, 2026$42.96m

TVL at each month end, Jan 2026 to Oct 2026

DateTVL
Jan 31, 2026$2.78m
Feb 28, 2026$57.44m
Mar 31, 2026$82.66m
Apr 30, 2026$59.64m
May 31, 2026$49.88m
Jun 30, 2026$49.74m
Jul 31, 2026$53.18m
Aug 31, 2026$48.33m
Sep 30, 2026$45.06m
Oct 27, 2026 (latest)$42.96m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/jupusd

Frequently asked questions

What is JupUSD's TVL?

As of Oct 27, 2026, JupUSD has $42.98m in total value locked. TVL has decreased 2.4% over the past 30 days.

What chains does JupUSD operate on?

JupUSD operates on Solana. Solana holds the largest share at 100%.

How does JupUSD's TVL compare to similar protocols?

Among Basis Trading protocols tracked by DefiLlama, JupUSD ranks #11 by TVL. The category holds $7.56b across 41 protocols, and JupUSD accounts for 0.6% of that total. Similar protocols include Solv Basis Trading, Solstice, Unitas USDu, Solomon USDv, OpenDelta Perpetual Bond, Ethena USDe, Falcon Finance, BitFi Basis, Aster USDF, and Tori Finance.