Is JUP deflationary?

Key figures

Scores are 0–100 research shortcuts, not price forecasts. Sources: partial. Data as of Sep 6, 2026.

Supply history

Daily observed effective supply from the approved protocol adapter. Scheduled releases are shown separately below.

Upcoming releases

Part of the release schedule is dated; the rest depends on governance or is undisclosed. Unlocks can expand float even though the on-chain total supply cannot increase.

No calculable JUP release is published for the coming months.

How JUP supply changes

The JUP mint authority is revoked, so releases redistribute already-minted supply and total supply cannot inflate. The policy rate is a conservative 0% ceiling; future burns would make realized supply negative.

Questions people ask about JUP supply

Is JUP deflationary?

JUP supply is expected to stay about flat over the next twelve months (0.0% policy). That figure is a published protocol policy, not a measured rate. Under its revoked mint authority + completed burns program, tokens are permanently destroyed, funded by litterbox revenue. Its unlock timing is not fully disclosed, so releases are scored as unknown rather than as zero. Beneat Supply Watch ranks JUP #15 of 25 with an overall supply score of 72 out of 100, as of Sep 6, 2026.

When is the next JUP unlock?

No dated JUP release is published for the coming months: part of the release schedule is dated; the rest depends on governance or is undisclosed. Unlocks can expand float even though the on-chain total supply cannot increase.

How much JUP is in circulation?

3.32B JUP is in circulation, about 47.4% of the 7.00B reference supply, with a market cap of $800M. Release progress is 3 of 5; expected completion: Governance-dependent.

How does JUP supply change?

The JUP mint authority is revoked, so releases redistribute already-minted supply and total supply cannot inflate. The policy rate is a conservative 0% ceiling; future burns would make realized supply negative. Program: Revoked mint authority + completed burns. Paid for by litterbox revenue. Destination: permanently burned.

How reliable is this data?

JUP has partial sources: 2 cited documents, last checked Sep 6, 2026. Reconciliation against the published plan is "matched". Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation.

Sources

• CoinGecko · Market and circulating-supply snapshot ↗2026-09-06
• Jupiter · JUP tokenomics and Litterbox burns ↗2026-09-01

Reconciliation: matched. Observed circulating supply is compared with calculable scheduled releases; opaque and dynamic flows remain outside the expectation. Machine-readable data: /api/screener/deflationary and calendar for JUP.