Correction, October 7 Earlier versions of this page said three January rounds were delivered, 2024 through 2026. Only two were. The 2026 round was approved but never paid, because the February 2026 vote postponed it. The page also said staking rewards go to stakers who vote; Jupiter ties them to average stake.

Jupiter's DAO voted in February 2026 to postpone Jupuary, the annual JUP airdrop, and sent the 700 million JUP set aside for the 2026 round back to a community multisig. The Net-Zero Emissions option won 75.3 percent, according to Jupiter's official account. Jupuary paid out in 2024 and 2025. As of October 13, no new round is scheduled and the March re-vote thread remains closed without a vote.

What the vote did

Jupuary began in January 2024 with a billion JUP, worth between $700 million and $2 billion at the prices of the time, according to the proposal. The 2026 round was meant to be the third.

The proposal gave holders two options: run the January 2026 distribution as planned, or postpone it for the foreseeable future and return all 700 million JUP to the Community Cold Multisig. Voting ran from February 17 to 21. The team argued that market conditions had shifted since the 2024 vote, with JUP at low levels. It also noted that fewer than 29 percent of current stakers had voted for the original 2024 Jupuary.

The package also halted team emissions, with members receiving JUP as a credit against Jupiter's balance sheet. Jupiter committed to buying tokens to offset selling by Mercurial stakeholders. Net new JUP issuance fell from roughly 1.2 billion tokens to effectively zero for 2026. The team wrote that the usage and stake snapshot is preserved and that the community decides what happens next.

Figure 01Two delivered rounds, one postponed round and no new date. Sources: Jupiter's Net-Zero proposal and 99airdrops.

A forum post on March 3 asked for a second vote on reinstating Jupuary, arguing that competition and market conditions had changed. The thread closed automatically on April 5 and shows no vote. The vote fits the trend in our 2026 reality check: teams defending token charts by cutting distributions.

JUP stayed weak into the summer. Coingabbar listed it among the top three losers on July 9, down 10.56 percent to $0.2149. We covered that week in Wednesday's market piece and Thursday's follow-up.

One JUP reward still runs, and it is not an airdrop

Active Staking Rewards (ASR) share 50 million JUP a quarter among stakers by time-weighted stake. An average of 50 JUP staked qualifies. The Q2 2026 campaign ran from April 1 to June 30, and claims opened on July 8. MEXC's August guide gave October 8 as the closing date, but Jupiter's own Q2 page now shows the campaign as ended with claims closed. Unclaimed rewards return to the community treasury.

That is a staking reward, not a distribution to past users. It does not revive Jupuary and does not use the preserved snapshot. If you already stake JUP, it is the one JUP payout with a working calendar, and each claim window is finite.

Risks and what to watch

Routing swaps through Jupiter costs nothing extra on Solana, so the preserved snapshot keeps genuine history as a free option. Our farming rules on consistency and clean wallets still apply to any round a DAO might revive. No snapshot window or December deadline exists today.

Fake Jupuary 2027 claim pages will circulate whatever the DAO decides. There is nothing to claim and no announced date, so any claim link, DM or search ad is hostile. A real revival starts with a governance vote, not a claim button, and the ten-second checklist explains the signs.

What to watch:

  • A proposal on Jupiter's governance forum to release the 700 million JUP. Only that vote could schedule a round.
  • The next quarterly staking campaign on the jup.ag rewards page, for its claim window.
  • Any change to the preserved usage and stake snapshot.

How to position yourself

  1. Keep routing Solana swaps through Jupiter only as normal trading; the preserved snapshot keeps genuine history as a free option.
  2. Watch Jupiter's governance forum and official channels for a new DAO vote on distributions. That vote is the only thing that could revive a round.
  3. Do not farm toward a January date. The Net-Zero Emissions vote removed the schedule, so effort aimed at Jupuary 2027 targets nothing.
  4. Treat every Jupuary claim link as hostile until Jupiter's verified channels announce a revived distribution.

Reality check None of these steps guarantee an allocation. Teams change criteria late, add anti-sybil filters, and sometimes never ship a token. Only spend time and gas you are fine writing off.