Jupiter Secures $35M From ParaFi to Boost Solana DeFi
Summary
Jupiter raised $35 million from ParaFi Capital to expand its Solana-based DeFi platform. The deal closes with settlement in JupUSD and includes a long token lockup, signaling strong long-term conviction from the investor. Jupiter plans to use the capital to improve liquidity, risk management, and additional financial services across its ecosystem. The company is also expanding product coverage through JupUSD and a Polymarket integration, moving beyond simple token swaps into broader on-chain finance tools.
Funding
Amount
$35.0M
Total raised
Date
February 2, 2026
Announcement date
Investors
-
Lead investors
Company
https://jup.ag
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected