Earn tutorial
Hold JupUSD, or earn with JUICED
JupUSD is Jupiter's dollar stablecoin, built with Ethena and backed by reserves. JUICED is JupUSD deposited in Jupiter Lend; its exchange rate rises as yield accrues.[1]
- Best for
- A Solana-native dollar, or a hands-off dollar yield.
- You'll need
- A Solana wallet, such as Jupiter Wallet, Jupiter Mobile, Phantom or Solflare
- USDC or another token to swap from
- A little SOL for network fees
- Cost
- Swaps pay standard fees; JUICED has no lock-up, exit delay or fee on yield
Worked example · illustrative numbers
What backs JupUSD
JupUSD reserve target
- USDtb
- USDC
You hold1,000 JupUSDa dollar stablecoin
Deposit into LendJUICEDexchange rate rises
Withdraw laterMore JupUSDT-bill yield + Lend interest
Step by step
Get JupUSD
Swap for JupUSD on Jupiter or in Jupiter Mobile.
Or go straight to JUICED
Swap any supported token for JUICED; the deposit into Lend happens for you.
Hold
JUICED's value in JupUSD rises over time. There is nothing to claim.
Exit any time
Swap back, or withdraw from Lend.
Good to know
- Reserves target 90% USDtb and 10% USDC, held with Anchorage and published on the JupUSD transparency page.[1]
- Only registered, KYC'd partners mint and redeem directly, for a 0.04% fee; everyone else uses swaps.[1]
- JupUSD itself earns nothing; JUICED carries the yield.[1][2]
- JUICED has no lock-up, no withdrawal delay and no fees on yield, and can be used as collateral on Jupiter Lend.[2]
Sources
Checked against Jupiter's documentation on 26 Sep 2026. Products change; the linked pages are the source of truth.