Governance token concentration (Gini)

Jupiter Perpetual Exchange's assessment for RD-F-047 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

JUP DAO voting paused 2025-06-20. Prior to pause, Jupiter team and founders controlled approximately 20% of JUP supply; one team wallet cast >4.5% of all ballots in a recent proposal. Governance power is highly concentrated. Gini coefficient not calculated but concentration is extreme relative to DAO norms.

Sources #

URL
Jupiter DAO members slam unacceptable voting power of project team | DL NewsDL News: team wallet cast >4.5% of all ballots; founders and team control ~20% of JUP supplyretrieved 2026-05-16
URL
Solana DEX Jupiter Pauses DAO Votes | CoinDeskCoinDesk: governance paused citing breakdown in trust from team voting power dominanceretrieved 2026-05-16

Methodology #

Compute the Gini coefficient of governance token holdings across the top-1000 holder addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol jupiter-perps factor RD-F-047 score yellow collected_at 2026-05-16 01:53:11