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Naomi Suzuki @naomisu
Position $12.0k +$840 (7.5%)

Jupiter still routes the majority of Solana DEX flow and the fee switch is the unlock the market keeps ignoring. Six-month hold — I am watching protocol revenue and routing share, not the weekly candle.

Jupiter JUP $0.78 2.1%
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Holders 234

4:53 PM · Jun 23, 2026

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Previous theses

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Routing moat compounding

JUP routing share keeps trending up regardless of token price. Every new Solana DEX integrates here first because the alternative is rebuilding a multi-hop solver. That is a moat in the boring sense — hard to dislodge.

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Naomi Suzuki 11w ago

Adding a starter into the dip. Token unlock noise is dominating the chart but the protocol metrics keep grinding. Sizing small until price action confirms.

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Jupiter JUP · 1 chain
Market Cap
$1.05B 2.1%
24H Volume
$78.8M 3.5%
Security
No issues
Holders
234
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L
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This will be considered as a copy trade