Jupiter halts governance voting to tackle burnout and refocus on innovation

Description

Jupiter halts governance voting to address community burnout and focus on product development, Treasury sealed until 2027, governance structure to be redesigned for 2026 return.

Authors

Assad Jafri

Publish date

June 19, 2025

Publisher

CryptoSlate

Web URL

https://cryptoslate.com/jupiter-halts-governance-voting-to-tackle-burnout-and-refocus-on-innovation

Referenced by

Jupiter pauses voting until 2026

Crypto news

News story

The governance pause comes as Jupiter’s DEX remains a major player on Solana, with more than $2.2 billion locked on the platform and daily fees averaging $1.6 million. It handles upwards of 80,000 token swaps each day, serving over 18,000 daily active traders.

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Quote

However, Jupiter’s aggregator has lost momentum in recent months, with user traffic dropping by up to 60% and competitors like PumpSwap dominating the meme coin niche, now accounting for a majority of that trading volume on Solana.

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