Unstable Solana Dumb Coin price

Why Jupiter's JLP premium is cooked: As many of you know from past posts and livestream I was a huge advocate for JLP Here are the reasons why I'm rotating out of it and where I'm reallocating that liquidity 1/ failed to build a perps product that hit escape velocity and appealed to traders / users UI is not great compared to now new existing other alternatives, last main airdrop allocation to traders using perp product was poor we can see this take backed by the fact that the entire product currently has only ~$400M in OI currently this may sound like a lot but for context the OI of just FARTCOIN on Hyperliquid is ~$270M, and on bigger pairs like BTC its ~$2.9B Less trading / OI = less fees to the Jup perps platform = less fees to JLP holders, thus why the APY return is now in the negative 2/ Current weighting isn't ideal at this stage in the market SOL = ~47%, ETH =~8%, BTC = ~14%, USDC = ~31% USDT = 0.01%, TLDR very high SOL and USDC weighting If I want SOL exposure - I either just hold SOL or borrow it against something correlated to it like BTC I would like the BTC exposure for JLP to be at least 30% from its current 14% Stables can be more productive by depositing it in things like Openeden or level Or deposited into a vault in a tokenless perps protocol like Paradex and Lighter where I can farm yield and easy "passive points" 3/ Opportunity costs + lack of future catalysts Makes more sense to do a few clicks + get exposure to airdrops on new protocols > than holding onto $JLP There's no Jupiter Season 3 (Jupuary) in sight Even if there were, based on how S2 went users are unlikely to bother farming JUP perps again when they could be doing HyperEVM or other tokenless perp DEXs like Extended, Paradex, Lighter, Ostium, Variational, ect.. For all the reasons mentioned I think it's unlikely that a sudden rebound in Jup perps volume and OI will happen anytime soon and is more likely to keep bleeding from here Post inspired by @katexbt posts from around a week ago

Looking to talk to a MEGA whale BTC seller for USDT deal. Please contact me. Btw only answering to people I know.

I try not to share anything unless it’s truly worth effort, but you’re still sleeping on @Humanityprot Top #50 done for Langerius. I’m waiting for you 👇🏻

Proud to support @Tether_to USDT on Term. The USDT Meta now offers 15% APY to depositors. Check it out today.

is @Humanityprot going to make a giga comeback? from the depths of Mordor coming back to life will we see a Humanity comeback? 100K USDT is a crazy sum for top 50 yappers, curious to see if they can leverage the attention into pushing their token price and products