flyingfish
@FlyingFishSB
@flyingfish_
Jupiter Ultra Mode & Perps Fees
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 feeJUP 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