Congrats @JupiterExchange for 50% of fees to buyback $JUP.
We see on Artemis there's ~$80B of aggregator volume + ~$20B of perp volume per month = ~$100B monthly total volume on Jupiter.
$100B monthly volume * 0.1% * 50% is roughly $600m of annualized buyback.
At $2.4B of circulating marketcap that's roughly 25% of marketcap.
Impressive.
We see on Artemis there's ~$80B of aggregator volume + ~$20B of perp volume per month = ~$100B monthly total volume on Jupiter.
$100B monthly volume * 0.1% * 50% is roughly $600m of annualized buyback.
At $2.4B of circulating marketcap that's roughly 25% of marketcap.
Impressive.
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