Data: Jupiter's 2024 agreement revenue reached 102 million USD, with Jupiter Perps as the main source of income

According to ChainCatcher news, on-chain analyst @ai_9684xtpa disclosed that the Jupiter protocol's revenue in 2024 reached $102 million, ranking 7th among Solana DApps, with Jupiter Perps being its main source of income, holding an 84% market share in Solana PerpDEX.

The revenue in December 2024 grew 7 times compared to January (from 3M to 21M), and in the past two weeks, there was explosive growth due to TRUMP, with revenue reaching $35.86 million, accounting for nearly 40% of last year's total revenue.

Therefore------ if we estimate based on last year's protocol revenue, approximately $50 million is expected to be used for repurchasing JUP; the current market capitalization of JUP is $2.04 billion, equivalent to 2.4% of the current market cap.