Jupiter, a prominent Solana-based DEX, has hit a significant milestone with its newly created Jupiter Liquidity Pool (JLP) reaching maximum capacity, signaling strong market confidence with over $7 million in assets fueling its perpetual swap platform. The draw of the JLP comes from its lucrative structure, where liquidity providers earn a hefty 70% of the platform's fees, driving the annual percentage yield (APY) north of 100%. This impressive yield is a composite of transaction fees and funding fees generated by the platform's perpetual swap operations, making it an attractive venture for liquidity providers and investors alike within the DeFi space.
