What is JUPNET? Zoom on this blockchain aggregator network

What is JUPNET?

Developed by the team behind Jupiterthe aggregator of decentralized exchanges (DEX) on the Blockchain Solana, JUPNET aims to resolve problems with liquidity fragmentation by aggregating all blockchains within a single decentralized infrastructure.

The final objective is that the user can benefit from a fluid experience through the entire crypto ecosystem from one and the same place like an exchange platform, while remaining decentralized.

The JUPNET network is currently on testnet, and no launch date of the Mainnet has yet been announced.

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To operate, the Blockchains Jupnet aggregator is based on 3 main components: A network of decentralized oracles (DOVES), the Ledger Network Omnichain, and the decentralized aggregated identity (ADI).

The Doves, the decentralized oracles of Jupnet

A ” Decentralized oracle that validate and execute (Dove) is a decentralized oracle which validates and performs transactions on the Jupnet network and the external blockchains it takes care of.

By interacting directly with external blockchains, the Doves are able to rule independently on the validity of transactions on them. Thus, thanks to the Doves, JUPNET solves the problems of synchronization between blockchains and can guarantee the integrity of its network.

Together, the Doves form a network of decentralized oracles which is responsible for:

• Validate the internal state of the blockchain;
• Recover information about external blockchains and agree on their validity;
• Perform transactions directly on other blockchains.

The final objective of this Network of Doves is to create a single source of decentralized information, approved and validated by each Dove independently of the number of blockchains supported by JUPNET.

The aggregation of blockchains via Omnichain Ledger Network

Thanks to the single source of information provided by the Doves network, JUPNET is able to host an omni-chain register, regardless of the number of blockchains, users or transactions circulating there.

Called ” Omnichain Ledger Network », This register can be used by decentralized applications (DAPP) to hold and transfer freely cryptocurrencies through all the blockchains supported by JUPNET. Omnichain Ledger Network offers Jupnet a simplicity of use comparable to a centralized exchange platform like Coinbase or Binance.

In order to maintain its integrity and strengthen its security, the Omni-Chain register of JUPNET introduces a mechanism of dynamic purposes which adapts the time to go transactions according to their complexity:

• Low volume transaction: rapid purpose;
• Large volume transaction: stricter purpose before validation.

This system allows the JUPNET register to protect itself against the impacts of the reorganizations of external blockchains (forks, invalid blocks, etc.), which can involve delays in validation or even transaction cancellations.

Associate decentralized identity, a new identification system as an adoption lever

JUPNET introduces the ” Aggregated decentralized identity »(ADI), a new identity and authentication system entirely on-chain.

With the ADI, JUPNET wishes to replace the use of wallets as an interaction mode with a system approaching accounts with functionalities similar to the web2 such as multi-factory authentication or account recovery.

The ADI therefore allows JUPNET to associate the simplicity of the web2 and the security of the web3:

• No seed phrase, but the user can generate a recovery key if wishes;
• No entity has control over user wallets;
• The user can control access to his identity by third -party applications.

The final objective of the ADI is to provide an identifier identifier/password system entirely on-chain in order to facilitate the adoption of the blockchain by newcomers.

What is the Token JUP for in the JUPNET network for?

At the time of writing these lines (March 2025), the usefulness of the token JUP within JUPNET has not yet been revealed.

However, it is likely that the JUP token will be used as a governance token for Jupnet but also via Sonstaking in order to secure the network and remunerate its validators.

In addition, the token JUP is already used as a governance token for the Dex Jupiter aggregator. Consequently, a new utility of the token JUP within JUPNET would strengthen its credibility.

The JUP token is available on many cryptos platforms such as Bitpanda or Coinbase. In addition, the Token JUP is also available on the Dex Jupiter aggregator on the Solana blockchain.

If you want to use a centralized platform, we recommend that you go through Bitpanda, a regulated platform in France. Here are the steps to follow to buy jup tokens on Bitpanda:

• Create an account on Bitpanda (affiliate link) and confirm your kyc
• Place euros on Bitpanda via a bank card or a transfer;
• As soon as your euros are on Bitpanda, click on “Trader” then on the “Buy” button;
• Look for the token jup then enter the amount of your purchase before clicking on “go to the summary”;
• If everything is correct, click the “Buy” button to buy the Crypto JUP.

Easily diversify your wallet with Bitpanda

Who develops the JUPNET network?

JUPNET is developed by the same team as the Dex Jupiter aggregator. Although the number and members of the JUPNET development team are not publicly known, we find at its head Meow, an influential personality of the crypto ecosystem.

Former economics student, Meow has solid experience in the blockchain field. He was notably Blockfolio, Instadapp or Kyber advisor, and also participated in the creation of the WBTC token, the main WRC version of the BTC on compatible EVM blockchains.

Subsequently, Meow turned to the Solana ecosystem and is at the origin of Jupiter as well as Meteora, a protocol of liquidity pools. It was also Meow who announced the development of JUPNET through an article published in February 2025.

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Our opinion on JUPNET

JUPNET is a project that aims to aggregate as many blockchains as possible through the entire cryptocurrency ecosystem. By creating a single register capable of supporting any existing blockchain, JUPNET wishes to resolve problems with liquidity fragmentation leading to poor user experience and a lack of capital efficiency.

Thanks to this single register fueled by a network of oracles capable of validating and executing external transactions as well as an identification system similar to the web2, JUPNET is able to accommodate protocols with user experience comparable to that of centralized exchange platforms, while remaining decentralized.

In addition, the launch of JUPNET could strengthen the credibility of the token JUP, although its usefulness within the network has not yet been publicly revealed.

However, JUPNET is a very recent project and he must still prove himself to prove his legitimacy. Indeed, JUPNET is only in the beginning of its test phase, and it is still too early to judge its real impact within the cryptocurrency ecosystem.

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Coming from studies in computer science and passionate about the universe of the web 3 since 2020, I jointly put my skills to popularize technical concepts and help readers better understand blockchain and its ecosystem.