Jupiter Sets Its Sights on Leading the Global Shift to Onchain Finance
Onchain finance is no longer an abstract concept — it is rapidly becoming the technological foundation for the next generation of global markets. Yet the transition from traditional systems to open, verifiable, self-custodied financial rails introduces structural challenges: fragmented data, inconsistent metadata, unreliable liquidity layers, fraudulent assets, and a shortage of professional-grade tools.
At Breakpoint, Jupiter positioned itself as the protocol ready to solve these problems head-on. Backed by $1.08T YTD trading volume, 34M wallets, the highest TVL on Solana, and a full 12-product ecosystem, Jupiter presented a coordinated roadmap that strengthens every layer of the onchain stack.
Their message was clear: for the world to adopt onchain finance, the experience must feel natural, intuitive, and professional — not experimental.
Below is a breakdown of the seven core problems Jupiter aims to fix and the upgrades introduced at Breakpoint.
Jupiter Lend: A New Model for Borrowing and Liquidity
The historical issue with DeFi lending has always been the same: poor liquidation mechanics create rigid risk parameters and shallow liquidity for borrowers and lenders.
Jupiter Lend, developed with Fluid, introduces tick-based liquidity to liquidate risky positions in a single transaction. This allows:
• highest loan-to-value ratios in the industry
• lowest liquidation penalties
• deeper liquidity backing lenders
• more stable interest rates during peak demand
After only 8 days, Lend became the fastest protocol on Solana to reach $1B in total supply.
At Breakpoint, Jupiter officially moved Lend out of Beta and fully open-sourced it. This marks a shift from experimentation to production infrastructure.
JupUSD: A Stablecoin Engineered for Deep Ecosystem Integration
Stablecoins dominate DeFi volume but rarely integrate deeply enough to create a true economic flywheel. Jupiter plans to change that.
Created in collaboration with Ethena, JupUSD is designed to be native to Jupiter’s entire product suite — swaps, perps, lending, DCA, limit orders, prediction markets and more.
This transforms the stablecoin from a passive settlement asset into an active economic engine, circulating across every layer of Jupiter’s platform.
JupUSD launches next week with rewards embedded across the ecosystem.
VRFD: A Unified, Trusted Data Layer for Token Verification
With nearly 30,000 tokens launched daily — most being scams or imposter assets — Solana desperately needs a reliable metadata layer.
Jupiter Verify has been the backbone of this process for years, powering nearly every major wallet and explorer. Now it evolves into VRFD, an expanded data platform providing:
• token verification
• metadata accuracy
• safety insights
• API integration across all surfaces
• instant sync with Jupiter’s terminal and mobile apps
In a chaotic token environment, VRFD becomes the canonical source of truth.
Developer Platform: A Professional-Grade API Hub
To scale onchain finance, developers need simplified access to complex functions — with visibility into usage, performance, and errors.
The new Developer Platform introduces:
• real-time logs and performance dashboards
• unified analytics across all Jupiter APIs
• insights into pricing calls, swaps, token API requests
• deep debugging tools (429/500 tracking, downtime mapping)
This elevates Jupiter from a DeFi app to a full-stack platform powering thousands of integrations.
Jupiter Terminal: Professional Onchain Trading Execution
Onchain trading has long lacked the sophistication of centralized platforms. Jupiter aims to close that gap.
The upgraded Terminal centralizes all asset classes into one unified interface, featuring:
• Jupiter Beam
• Predictive Execution
• OCO orders
• partial fills
• real-time wallet analytics
• Alphascan insights across 61+ launchpads
• blacklist signals for risky dev teams
This is one of the first true institutional-grade onchain trading terminals.
Rewards Hub: Aligning Incentives with Real Onchain Activity
Jupiter’s new Rewards Hub unifies user activity, referrals, and contribution rewards into a single system. Backed by a $1M pool, rewards are now tied to:
• actual trading volume
• order execution
• liquidity participation
• ecosystem touchpoints
It moves incentives away from hype-farming toward real, measurable usage.
Rainfi Acquisition: The Path Toward a Money Market for Every Asset
Traditional lending platforms struggle to support non-standard assets such as long-tail tokens, off-chain collateral, or specialized productive assets.
By acquiring Rainfi and its Offer Book system, Jupiter plans to create a money market that supports:
• long-duration collateral
• productive off-chain assets
• peer-to-peer offers without price-based liquidations
• transparent and scalable liquidity discovery
This launches in Q1 and represents one of the most ambitious expansions of DeFi lending in years.
BTCUSA Comment
Jupiter’s coordinated upgrade cycle signals a shift from fragmented DeFi experiments to a unified onchain financial operating system.
Few ecosystems — across any chain — offer this level of vertically integrated infrastructure: lending, stablecoins, trading engines, metadata verification, APIs, rewards, and institutional-grade execution.
This positions Solana as the most realistic contender for global onchain finance adoption.
BTCUSA Outlook
We expect several mid-term developments:
• Jupiter becomes the default gateway for onchain trading on Solana
• JupUSD gains significant share as a functional stablecoin powering DeFi flows
• VRFD becomes the canonical identity layer for Solana tokens
• Rainfi expands the lending market into non-standard assets
• institutional and retail traders migrate to Jupiter Terminal for pro-level execution
Most importantly, Jupiter’s upgrades create a framework where the next 100 million users can experience onchain finance without friction, complexity, or risk confusion.
This is not an incremental update — it is the blueprint for Solana’s financial future.
