Jupiter & I Cooking Back!!! Been off socials for a bit - heads down with the team, shipping nonstop, leveling up the entire stack, and getting ready to kick off the next era of Jupiter at CatLumpurr next year. Took some time to reflect on the MANY wins, hard lessons and growth over the past 2 years. I myself have made my fair share of missteps, and I am determined to grow from these and move forth. One thing also became extremely clear: no one ships like Jupiter. Since day one, we have broken all expectations about what a defi project is. We are also relentless about experimenting, grind hard to ship world-class products and aim to execute at an extremely high level every single day across the entire stack. Yet as recent issues have shown, we do not do everything perfectly, but we will learn hard from all mistakes, seek to improve and every lesson is a building block for us. In addition, as the number of projects increase, there is now a very strong need to take everything we are doing and blend it into one holistic team, platform and narrative. I am extremely aware of the importance of this - and will be working with the team on a SSS strategy - simplifying all clutter, streamlining all loose ends and synergizing all the various parts into a systemic force. Everything needs to spark joy, otherwise we should not be doing it. ;) First off tho, a recap: No one ships like Jupiter In the last few months alone, the team shipped a ton of industry leading efforts and massive improvements to our product lines. The Defi SuperApp • Launched Jupiter Lend, hit $1B supply in approx a week - one of the fastest-growing protocols in DeFi history. • Took JLP, already the leading yield token in crypto, and made it 10x better with native USDC loans and staking for unutilized SOL. • Completed Mobile v2, making it by far the best DeFi app and legitimately the most loved app in crypto right now. • Rolled out Ultra v3, the most advanced end-to-end trading engine ever built, with proprietary features like Jupiter Beam and Predictive Execution, with adoption by industry leaders like Robinhood. • Released the most advanced limit order system in crypto with features that don't exist anywhere else: buy above/sell below, USD triggers by price or market cap, bundle and edit orders. • Launched Prediction Markets in beta in partnership with Kalshi • Dropped Advanced Pro with most comprehensive PnL analysis, runner detection, and advanced analytics. • Upgraded Portfolio tools with net worth history, wallet manager, airdrop checker, yield estimates across all positions. • Debuted Jupiter Wallet, seriously the fastest extension in crypto. Infra • Became the TVL leader on Solana. • Became the 2nd largest validator. • Built Jupiter Beam, our own private infrastructure for both monitoring and transaction landing that cuts as close to real-time and same-slot as possible. • Executed on a major move to break out Metis as an independent router and aggregator, to both demonstrate our commitment to the ecosystem liquidity landscape and drive home the point that Jupiter is not an aggregator anymore. Jupnet • Completed v0 of the Jup runtime (omnichain functions, universal authentication, optimized sequencing). • Did 2 rounds of internal user testing (lots of shit to fix). • Hosted the first ever jupnet day with close friends & family (see pic). Studio / Launch • Jumped hard back into the launch game with Studio, explored deep into uranus, gained some balls, and learned a ton of priceless lessons about community building in the trenches, and of course the ongoing DTF. Full Stack Team None of this is possible without a team - and partners - who care a fuck ton about product quality, experimentation, and pushing the Jupiter ecosystem forward with technical excellence. Over the past few months, we’ve added major technical, product, communications, and strategic talent across the board. You’re going to hear A LOT more from them soon. Process Knowledge One crucial idea that will help you understand why we are building a team that can execute across the stack is this - process knowledge (see pic). Apart from this, I will share a lot more about this in days to come - one of the main things I realized as well is that I need to explain our team building efforts a lot more. Realigning The Jupiverse Over the past 20 months since the launch of JUP and the formation of the Jupiverse, we established the world’s largest DAO, innovated on many new collaborative models like workgroups and also implemented major token efforts such as the 50% litterbox. While we are proud of all these efforts and incredibly grateful for everyone who was part of the journey, it was also clear that there were a number of issues that created a lot of friction between the different stakeholders, narrative complexity for the token and lack of focus for the community at large. As a result, we launched the JUP Fresh Start, a full realignment of the Jupiverse to reduce DAO scope, simplify community structure, and streamline objectives. We also did a vote on what to do with the current litterbox and burnt ~130M JUP following vote completion. Additionally, we adjusted the final Jupuary based on past learnings to massively reduce initial release, increase alignment for holding, and orient towards strategic goals of growing the core application and JupNet. Moving Forward Ok, so moving forward in the next few months, here are some of the top priorities I will be working on: 1. SSS: Simplify, streamline, synergize everything we are working on across the homepage, products, teams, narrative, community, token. Stuff has gotten way too cluttered - we super need to make everything simpler, more aligned and working together better. 2. Conclude: Bring the current phase of the DeFi superapp to a strategic conclusion - every single feature in there should be the best in the space or has a clear path to be, discovery for all key products should be straightforward, and the experience across all surfaces has to be absolutely first class. 3. Jupnet: Set clear firm milestones for Jupnet to aggressively, securely move forward. I expect to have a smaller set of omnichain use cases ready in production near CL and a gradual, aggressive push throughout next year. 4. Onboard: Build the best foundations possible to onboard the world to on-chain finance. That means making sure the end to end user journey should be as seamless, straight-forward, intuitive, and transparent as possible. 5. Lessons: Lastly and most importantly, I want to acknowledge that despite our best we don’t always do things perfectly, as the recent implementation challenges and execution gaps with DTF and JupLend demonstrate. We will learn, improve and strive to never repeat the same mistakes again. Into Web4 Web3 is largely offchain, Web4 will be on-chain. Web3 is about holding crypto, Web4 will be about using crypto. And of course, on-chain finance is the much better way to finance, the world just does not know it yet. Let’s kick this off at CatLumpurr ;) ❤️🐱 PS: I heard pointless selfies are the new X growth strategy?

The market nuking timing with our launch has been humbling to say the least. Hard to measure how much effort and hours have gone into @Nema_Lab. The one thing that makes it easier is that I genuinely enjoy building this project. From an engineering perspective I get to dive into LLM and Agentic tooling and handling. Exploring RAG and MCP as ways to enhance the experience. The opportunity to incorporate $Nema into the product and create really interesting tokenomics is honestly really fun and allows me to learn web3 domains I don’t typically get exposure to. Even something like building out our own custom live chat as a way to distribute Nema information to the online audience was so enjoyable. $Nema will have its time. Until then building will continue. Community is alive.

Locked in...to the Worminal 💻🪱🕳️