Jupiter Protocol's Protocol Revenue Surges to $102 Million in 2024, with Jupiter Perps as the primary revenue driver

BlockBeats News, January 26th, According to @ai_9684xtpa, the 2024 Jupiter Protocol's revenue reached $102 million, ranking 7th in Solana DApps, with Jupiter Perps being its main revenue source, holding an 84% market share in the Solana PerpDEX.

In December 2024, the revenue increased by 7 times compared to January (3M>21M). In the past two weeks, there has been an explosive growth due to TRUMP, with revenue reaching $35.86 million. The revenue in the two weeks directly accounted for nearly 40% of last year's total revenue.

Therefore, based on last year's protocol revenue estimate, it is estimated that about $50 million will be used to repurchase JUP; JUP's current market cap is $2.04 billion, equivalent to 2.4% of the current market cap.