Elluminex (ELX) Sets to dethrone Jupiter (JUP) With More Features Including An Educational DeFi Hub

Having performed excellently since its launch in January 2025, the Jupiter (JUP) token has pushed it to rank as part of the top 100 cryptocurrencies by market.

Jupiter (JUP) has recently become a billion-dollar market cap DeFi project, increasing its significance as a Solana-based exchange protocol. The network is now ranked as the number 1 DEX aggregator due to the launch of its GMX-style perps.

However, now that Elluminex (ELX) is invading the scene with a new standard to DEX protocols, its robust infrastructure suggests that it has the potential to outplay Jupiter. But, how long would it take?

One thing is for sure— Elluminex is dropping jaws at the moment as it signals the next DEX protocol to take the TON blockchain to the next level.

Having performed excellently since its launch in January 2025, the Jupiter (JUP) token has pushed it to rank as part of the top 100 cryptocurrencies by market. However, the growth of its market cap has been one of the most impressive so far.

The market cap of Jupiter (JUP) initially peaked at $2 billion in the middle of the year, following several developments and expansion of its network, before dropping below $1 billion again.

However, its network volume has been one of the most impressive. As of October last year, Jupiter’s network volume peaked at $900 million. Fast forward to one year later, Jupiter’s network volume now exceeds $40 billion, showcasing the massive growth it has experienced so far on the Solana network.

Jupiter network has also done well to surpass all other aggregators in monthly trading volume on the Solana network. However, the price of Jupiter token is still struggling to price bullish after a 13% drop in the last month, and over 33% decline year-to-date.

Elluminex (ELX) has pounced on the stage of DEX protocols with more features and a multi-chain ecosystem that is poised to revolutionize the exchange market.

Given its positioning on the TON blockchain, Elluminex is poised to take advantage of its 950 million active users and potentially rank as the next bullish DeFi project to invest in.

Its multi-chain ecosystem where users can trade cryptocurrencies across multiple blockchain networks is one thing, but the features that come along with this are what make the platform stand out.

These features include a cross-chain bridge that enhances liquidity, an AI-portfolios tracker that provides users with necessary market insights, a user-friendly interface, and an educational hub to improve DeFi literacy.

In addition to these attractive features, Elluminex offers a robust token burn mechanism that deflates its token supply and increases its value over time. Users can also earn their native $ELX token by partaking in staking and farming activities.

From these features, it is clear that Elluminex’s purpose goes beyond just being a trading platform; the new TON-based DeFi project also serves as a learning platform, a profit-earning channel, and an asset management tool.

With its intuitive user interface, Elluminex is perfect for both experienced and inexperienced users. Overall, the platform is set to transform the TON network the same way Jupiter did for the Solana network.

Both Jupiter and Elluminex are robust DEX platforms with standard features that are poised to act as catalysts for their continuous growth.

However, with Elluminex coming with a bit more use cases like its DeFi learning hub, it may possibly outplay Jupiter in a few years, especially due to its untapped potential in the exchange market.