Jupiter TVL Hits $2.94B as JUP Rises 8% Following Metis V8 Launch
Jupiter's total value locked reached $2.94 billion Tuesday as JUP token gained 8% in 24-hour trading, moving between $0.19 and $0.21. The gains coincided with the launch of Metis V8, an upgrade designed to reduce execution drift on the DEX aggregator.
Key Takeaways
- 1## Price Movement and Liquidity Growth JUP traded between $0.
- 219 and $0.
- 321 over the past 24 hours, posting an 8% gain and closing near the upper end of its range.
- 4TVL on the protocol reached $2.
- 594 billion, reflecting steady capital accumulation on the Solana-based DEX aggregator.
Price Movement and Liquidity Growth
JUP traded between $0.19 and $0.21 over the past 24 hours, posting an 8% gain and closing near the upper end of its range. TVL on the protocol reached $2.94 billion, reflecting steady capital accumulation on the Solana-based DEX aggregator.
Metis V8 Deployment
Jupiter deployed Metis V8, an upgrade targeting execution drift—the gap between a user's quoted price at confirmation and the actual filled price. The update is intended to tighten that spread and improve order quality for traders routing through the aggregator.
Technical Setup
The daily RSI reading stood at 52, near neutral territory, with the price trend showing an upslope on daily timeframes. These readings suggest neither overbought nor oversold conditions at the time of measurement.
Why It Matters
For Traders
Execution drift reduction may narrow slippage on market orders, but 24-hour price action alone does not signal a directional bias for next-week positioning.
For Investors
Growing TVL and protocol upgrades focused on user experience indicate the protocol is retaining capital and iterating on product, a baseline signal for long-term utility.
For Builders
Metis V8's execution improvements set a new bar for DEX aggregator performance; competing routing layers may face pressure to ship similar optimizations.
