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Home » MemeCoin WEN Airdrop Impact: Jupiter Trading Volume Surpasses Uniswap? Solana Sets New Record for Address Creation
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MemeCoin WEN Airdrop Impact: Jupiter Trading Volume Surpasses Uniswap? Solana Sets New Record for Address Creation

Jan. 29, 2024No Comments2 Mins Read
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MemeCoin WEN Airdrop Impact: Jupiter Trading Volume Surpasses Uniswap? Solana Sets New Record for Address Creation
MemeCoin WEN Airdrop Impact: Jupiter Trading Volume Surpasses Uniswap? Solana Sets New Record for Address Creation
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Benefit from $WEN Airdrop, Jupiter Trading Volume Surpasses Uniswap?
Solana Sets New Record for Registered Addresses

Benefit from $WEN Airdrop, Jupiter Trading Volume Surpasses Uniswap?

Prior to the official launch of native token JUP on Jupiter, a major exchange on Solana, the founder announced a new token airdrop for $WEN. Eligible users can receive 643,652 WEN tokens.

(
Jupiter (JUP) token to be issued soon, announces another airdrop of the new meme coin $WEN, users can receive 643,652 tokens.
)
After the opening of WEN for claiming, Jupiter’s trading volume experienced a short-term surge, even “seemingly” surpassing the well-established decentralized exchange Uniswap v3, with slightly different results on various data platforms.

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According to CoinGecko:
Jupiter 24-hour trading volume: $513 million
Uniswap 24-hour trading volume: $479 million

According to the respective platform websites of Uniswap and Jupiter:
Jupiter 24-hour trading volume: $572 million
Uniswap 24-hour trading volume: $514 million

Note: Uniswap v2 trading volume also amounted to $93.46 million.
For comparison, Jupiter’s December trading volume was $16.6 billion, while Uniswap v3 was $16.7 billion. The mainstream data platform DefiLlama does not list Jupiter’s data, but Dune shows that Jupiter’s daily trading volume is $403 million, slightly lower than Uniswap.


Jupiter’s trading volume on Dune

Solana Sets New Record for Registered Addresses

The Block also cited data from its own platform, indicating that Solana’s trading volume not only reached its highest level since October 2022 but also achieved a historical high in daily new address registrations (see the figure below), surpassing the record set in May 2022.


Solana’s new address count

Jupiter
Solana
Uniswap

Further reading
Jupiter (JUP) token to be issued soon, announces another airdrop of the new meme coin $WEN, users can receive 643,652 tokens
Solana’s active on-chain ecosystem, largest aggregation protocol Jupiter prepares for airdrop.

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