DEX聚合器Jupiter啟動了首個JUP代幣回購程序，回購了488萬個令牌

木星是Solana區塊鏈上領先的分散交易所（DEX）聚合器，已正式推出了JUP代幣的首次回購。

Jupiter, a leading decentralized exchange (DEX) aggregator on the Solana blockchain, has officially launched its first buyback of JUP tokens.

木星是Solana區塊鏈上領先的分散交易所（DEX）聚合器，已正式推出了JUP代幣的首次回購。

On February 26, 2025, on-chain data revealed that Jupiter repurchased 4.88 million JUP tokens, valued at $3.33 million.

2025年2月26日，鍊鍊數據顯示，木星回購了488萬個JUP令牌，價值333萬美元。

Jupiter (@JupiterExchange) has begun its first buyback of $JUP.

木星（@jupiterexchange）已開始首次回購$ jup。

Over the past 17 hours, it has repurchased 4,885,370 JUP tokens at an average price of $0.683 for a total of $3.33 million. All buyback transactions are being executed on-chain by Jupiter: Litterbox and the buyback is still ongoing.

在過去的17個小時中，它以平均0.683美元的價格回購了4,885,370個JUP令牌，總計333萬美元。所有回購交易均由木星在鏈上執行：垃圾箱和回購仍在進行中。

Buyback address: https://t.co/lKWOX27pQa

回購地址：https：//t.co/lkwox27pqa

More: https://t.co/1nfZ1slLsP pic.twitter.com/xkoElpjIfR

更多：https：//t.co/1nfz1sllsp pic.twitter.com/xkoelpjifr

— Ai 姨 (ai_9684xtpa) February 26, 2025

- AI U（AI_9684XTPA）2025年2月26日

This marks the initial phase of a broader initiative announced on February 13, 2025. The goal is to decrease the circulating supply of JUP tokens and create consistent buying pressure in the market.

這標誌著2025年2月13日宣布的更廣泛倡議的初始階段。目標是減少JUP令牌的循環供應，並在市場上造成一致的購買壓力。

50% of fees collected by Jupiter to be used for the buyback

木星收取的50％用於回購的費用

The buyback program allocates 50% of Jupiter’s protocol fees toward repurchasing JUP tokens. The repurchased tokens are then locked for three years, leading to a sustained reduction in supply. This move is designed to lower the number of tokens in circulation, potentially increasing demand and preventing JUP from becoming a “value trap.”

回購計劃將木星的50％的協議費用分配給回​​購JUP令牌。然後，回購的令牌被鎖定了三年，從而持續減少供應。此舉旨在降低流通中的代幣數量，可能增加需求並防止JUP成為“價值陷阱”。

The cryptocurrency community has welcomed this initiative, viewing it as a net positive for JUP’s long-term prospects.

加密貨幣社區歡迎這項倡議，將其視為JUP長期前景的淨淨值。

Notably, the buyback initiative follows a year of impressive revenue growth for Jupiter, driven by its dominance in Solana’s decentralized trading ecosystem.

值得注意的是，回購計劃是木星在索拉納（Solana）分散的交易生態系統中的主導地位的驅動的一年令人印象深刻的收入增長。

As the top DEX aggregator on Solana, Jupiter facilitates trades across multiple DEXs like Raydium and Orca, ensuring traders receive optimal exchange rates. Additionally, Jupiter’s Jupiter Perps trading platform, which commands over 80% of Solana’s perpetual decentralized exchange market, has been a key revenue driver.

作為Solana的最高DEX聚合器，Jupiter促進了Raydium and Orca等多個DEX的交易，以確保交易者獲得最佳匯率。此外，木星的木星PERPS交易平台佔了Solana永久分散交易市場的80％以上，一直是關鍵的收入推動力。

In 2024, the platform's revenue grew from $3 million in January to $21 million in December. About 40% of its annual revenue—$35.86 million—came from high-volume trading periods, including the surge in TRUMP memecoin activity.

2024年，該平台的收入從1月的300萬美元增長到12月的2100萬美元。大量交易期的年收入中，約有40％的年收入（358.6萬美元），包括特朗普紀念活動的激增。

DeFi protocols increasingly adopting token value-accrual mechanisms

DEFI協議越來越多地採用令牌值機制

Jupiter's buyback program aligns with a broader trend in the decentralized finance (DeFi) space, where protocols are adopting token value-accrual mechanisms to strengthen their ecosystems.

木星的回購計劃與分散融資（DEFI）領域的更廣泛趨勢保持一致，該方案採用令牌值機制來增強其生態系統。

Platforms like Aave and Ethena have implemented similar strategies, using protocol revenues to buy back and burn tokens or distribute value to tokenholders.

諸如AAVE和Ethena之類的平台已經實施了類似的策略，使用協議收入來回購和燃燒令牌或向代幣持有人分配價值。

While the long-term effects of Jupiter's initiative remain to be seen, it reflects an industry-wide shift toward prioritizing token utility and stability, ensuring that the interests of token holders and platform growth are closely aligned.

儘管木星倡議的長期影響仍然有待觀察，但它反映了整個行業範圍的轉變，朝優先考慮令牌效用和穩定性，以確保令牌持有人的利益和平台增長的利益密切相符。