flyingfish
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    Jupiter Ultra Mode & Perps Fees

    hexagon

    Flipside AI

    Jupiter aggregator on Solana experienced significant shifts in transaction dynamics, with ultra mode and referral swaps gaining prominence while generating substantial protocol revenue. The platform saw 1,561,645 swaps in the sub-$100 transaction range, generating $61,145 in fees, and peaked at 809k USD in daily swap fees with ultra mode contributing 238k USD in a single day. The protocol's total ultra mode fees reached $4,415,352, indicating strong user adoption and robust decentralized exchange infrastructure.

    Fees Types
    • no Fee:

      • JUP doesn't charge any fees on these type of swaps

    • referral:

      • JUP collects 2.5% of the referral fee

      • JUP no longer collects a 2.5% fee on referred swaps

    • ultra mode:

      • JUP charges either 0.05% or 0.1% of the swap value, base on the token involved in the swap

    Ultra Mode Breakdown by Swap USD Size

    Notes

    • Ultra Mode has captured close to 10% of all the daily swaps in Jupiter

    • Most activity is in swaps with a USD size under $1k

    • Most fees are collected on swaps with a USD size over $1k

    Jupiter Perpetuals
    Totals only include fees generated since January 25th

    Perps Trading:

    • Open, close & borrow fees payed by Perps traders

    Perps Swaps:

    • Swaps that interact directly with the perps program ($JLP mints and burns) are charged a fee. This includes the following Perps program instructions:

      • addLiquidity

      • removeLiquidity

      • swap

    Ultra Mode on Jupiter Aggregator Swaps
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.