{"id":"jupiter-staked-sol-jupsol","version":1,"language":"en","title":"Jupiter Staked SOL (JUPSOL)","hidden":false,"content":"**Jupiter Staked SOL (JUPSOL)** is a [liquid staking](https://iq.wiki/wiki/liquid-staking) token that represents staked [Solana](https://iq.wiki/wiki/solana-sol) (SOL) tokens managed by Jupiter's validator, hosted by Triton. This token allows SOL holders to earn staking rewards while maintaining liquidity, making it available for use in [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) applications. All [validator](https://iq.wiki/wiki/validator) rewards, including 100% of the Maximal Extractable Value (MEV), are passed on to JUPSOL holders. [\\[1\\]](#cite-id-zjheubgu9g)[\\[4\\]](#cite-id-3agqsenhg8f)[\\[5\\]](#cite-id-dc56o1d300s)  \n  \n# Overview  \n  \nJUPSOL operates as a [liquid staking](https://iq.wiki/wiki/liquid-staking) token on the [Solana](https://iq.wiki/wiki/solana) [blockchain](https://iq.wiki/wiki/blockchain). It enables users to earn [staking](https://iq.wiki/wiki/staking) rewards without the need to lock their SOL tokens. Initially, the token maintains a 1:1 value with SOL but appreciates over time as staking rewards accumulate. This system allows flexibility, providing an opportunity to engage in [DeFi](https://iq.wiki/wiki/defi) activities while continuing to receive staking rewards, addressing the limitation of traditional staking where tokens are locked for a fixed duration.  \n  \nJUPSOL enhances [staking](https://iq.wiki/wiki/staking) yields through various sources, including [validator](https://iq.wiki/wiki/validator) rewards and MEV kickbacks. Jupiter’s validator, bootstrapped with 100,000 SOL, contributes to the Annual Percentage Yield ([APY](https://iq.wiki/wiki/annual-percentage-yield-apy)) of JUPSOL. The absence of typical staking service fees further increases returns for stakers.  \n  \nWhen [SOL](https://iq.wiki/wiki/solana-sol) is deposited into the JUPSOL system, it is staked through Jupiter’s [validator](https://iq.wiki/wiki/validator). The [staking](https://iq.wiki/wiki/staking) rewards and MEV are reflected in the increasing value of JUPSOL. Initially, 1 JUPSOL equals 1 SOL, but its value grows over time as rewards are added.  \n  \nFor instance, assuming a 10% annual percentage rate (APR) and a Solana epoch duration of approximately two days, the following occurs:  \n  \n* After one epoch, 1 JUPSOL equals \\~1.000547945 SOL.  \n* After two epochs, 1 JUPSOL equals \\~1.001096191 SOL.  \n* After one year, the value of 1 JUPSOL grows to \\~1.105163349 SOL, due to the compounding of rewards.  \n  \nJUPSOL holders earn rewards automatically without the need for any additional actions. [\\[1\\]](#cite-id-zjheubgu9g)[\\[4\\]](#cite-id-3agqsenhg8f)[\\[5\\]](#cite-id-dc56o1d300s)  \n  \n### Yield Generation  \n  \nJUPSOL stakers receive rewards from the following sources:  \n  \n* **Staking Rewards:** Regular rewards generated by SOL staked with Jupiter’s validator.  \n* **MEV Kickbacks:** Jupiter distributes 100% of MEV rewards to JUPSOL holders.  \n* **Validator Delegation:** The delegation of 100,000 SOL to Jupiter’s validator further boosts the APY, leading to potentially higher returns compared to typical liquid staking tokens (LSTs).[\\[3\\]](#cite-id-c7c3grq0ir)[\\[6\\]](#cite-id-1e60v91pjfm)  \n  \n### Fee Structure  \n  \nJUPSOL operates with the following tariff structure:  \n  \n* 0% management fee  \n* 0% validator commission  \n* 0% stake deposit fee  \n* 0.1% SOL deposit fee, aimed at preventing arbitrage attacks  \n* 0% withdrawal fee  \n  \nA 0.1% SOL deposit fee is implemented by Jupiter to protect against arbitrage attacks, ensuring the pool remains secure and that long-term stakers benefit from the system.[\\[1\\]](#cite-id-zjheubgu9g)[\\[4\\]](#cite-id-3agqsenhg8f)[\\[5\\]](#cite-id-dc56o1d300s)[\\[6\\]](#cite-id-1e60v91pjfm)  \n  \n# Security  \n  \nJUPSOL is built on the SPL Stake Pool Program, a widely trusted and secure [staking](https://iq.wiki/wiki/staking) mechanism within the [Solana](https://iq.wiki/wiki/solana) ecosystem. This program has undergone multiple audits and is used by several prominent stake pools such as [jitoSOL](https://iq.wiki/wiki/jito-staked-sol-jitosol) and bSOL. It has successfully managed over $1 billion in staked SOL.  \n  \nThe program’s governance is maintained through a multisignature (multisig) setup, where decisions require the approval of multiple participants. This structure includes members from Sanctum, [Jupiter](https://iq.wiki/wiki/jupiter), Mango, marginfi, and [Jito](https://iq.wiki/wiki/jito), ensuring decentralized control. Future plans include expanding the multisig and eventually freezing the program to further enhance security. [\\[1\\]](#cite-id-zjheubgu9g)[\\[3\\]](#cite-id-c7c3grq0ir)[\\[5\\]](#cite-id-dc56o1d300s)  \n  \n# Utility  \n  \n* **Staking Rewards Accrual:** Holders of JUPSOL receive [staking](https://iq.wiki/wiki/staking) rewards automatically as the token’s value increases relative to SOL, reflecting the accumulation of staking rewards over time.  \n  \n  \n* **Enhanced APY:** The delegation of 100,000 SOL to Jupiter’s [validator](https://iq.wiki/wiki/validator), combined with additional MEV rewards, may result in higher Annual Percentage Yields ([APYs](https://iq.wiki/wiki/annual-percentage-yield-apy)) compared to typical [liquid staking](https://iq.wiki/wiki/liquid-staking) tokens (LSTs).  \n* **DeFi Integration:** JUPSOL is compatible with decentralized finance ([DeFi](https://iq.wiki/wiki/defi)) protocols, enabling holders to engage in activities such as lending, borrowing, and trading without unstaking their SOL.  \n* **Validator Contribution:** By staking with Jupiter’s validator, JUPSOL holders support the [validator’s](https://iq.wiki/wiki/validator) performance, potentially improving transaction processing during periods of network congestion.  \n  \nJUPSOL provides a [liquid staking](https://iq.wiki/wiki/liquid-staking) option for SOL holders, offering both [staking](https://iq.wiki/wiki/staking) rewards and liquidity for [DeFi](https://iq.wiki/wiki/defi) participation. Its secure infrastructure, competitive fee structure, and additional MEV rewards make it a flexible and efficient option for those looking to maximize staking returns. [\\[1\\]](#cite-id-zjheubgu9g)[\\[2\\]](#cite-id-xtpen1cabdl)[\\[4\\]](#cite-id-3agqsenhg8f)[\\[5\\]](#cite-id-dc56o1d300s)[\\[6\\]](#cite-id-1e60v91pjfm)","summary":"Jupiter Staked SOL (JUPSOL) is a liquid staking token on Solana, offering staking rewards and DeFi participation without SOL lock-up.","categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"promoted":0,"tags":[{"id":"Solana"}],"metadata":[{"id":"references","value":"[{\"id\":\"zjheubgu9g\",\"url\":\"https://station.jup.ag/guides/jupsol/jupsol\",\"description\":\"JupSOL Overview\\n\",\"timestamp\":1729555966086},{\"id\":\"xtpen1cabdl\",\"url\":\"https://www.reddit.com/r/jupiterexchange/comments/1clyovt/jupsol_the_liquid_staking_token_of_jupiter/\",\"description\":\"JupSOL - the liquid staking token of Jupiter ecosystem\\n\",\"timestamp\":1729556017944},{\"id\":\"c7c3grq0ir\",\"url\":\"https://learn.sanctum.so/docs/security/is-sanctum-safe\",\"description\":\"Who controls the LSTs? \\n\",\"timestamp\":1729556077142},{\"id\":\"3agqsenhg8f\",\"url\":\"https://www.jupresear.ch/t/jupsol-jupiter-staked-sol/14666\",\"description\":\"JupSOL: Jupiter Staked SOL\",\"timestamp\":1729556102754},{\"id\":\"dc56o1d300s\",\"url\":\"https://learn.sanctum.so/blog/introducing-jupsol\",\"description\":\"Introducing jupSOL!\\n\",\"timestamp\":1729556178462},{\"id\":\"1e60v91pjfm\",\"url\":\"https://solanacompass.com/stake-pools/8VpRhuxa7sUUepdY3kQiTmX9rS5vx4WgaXiAnXq4KCtr\",\"description\":\"Jupiter Staked SOL (JupSOL) Stake Pool Statistics\\n\",\"timestamp\":1729556215447}]"},{"id":"contract_url","value":"https://solscan.io/token/jupSoLaHXQiZZTSfEWMTRRgpnyFm8f6sZdosWBjx93v"},{"id":"twitter_profile","value":"https://twitter.com/JupiterExchange"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/jupiter-staked-sol"}],"user":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56"},"author":{"id":""},"media":[{"name":"Design sem nome (2).png","size":"0.03","id":"QmZ4YWWxsQMwPQJuBFVjcw6as6k3Z1fuuBi2sqSbB3fAMX","type":"GALLERY","source":"IPFS_IMG","hash":"QmZ4YWWxsQMwPQJuBFVjcw6as6k3Z1fuuBi2sqSbB3fAMX"},{"name":"icon.png","size":"0.04","id":"QmajQCLtGopmAnSDhZK52sChhPbbPWmACEiU3M79VJcqoZ","type":"GALLERY","source":"IPFS_IMG","hash":"QmajQCLtGopmAnSDhZK52sChhPbbPWmACEiU3M79VJcqoZ"}],"views":0,"events":[],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"founderWikis":[],"blockchainWikis":[],"images":[{"id":"QmX7YyPTqXecuAfjKTzM8sN5pe3jXKR7PyP8HKiqyCkMjK","type":"image/jpeg, image/png"}]}