TVL concentration (top-10 wallet share)
Jupiter Perpetual Exchange's assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Multiple independent analyses cite on-chain data showing over 80% of JLP token supply held by top 10 wallets. This is extreme concentration: coordinated redemption by a small number of large holders could create pool weight imbalances triggering elevated rebalancing fees and liquidity pressure for remaining holders. Not independently verified by this agent via direct Solscan holder query; confidence capped to low-medium. Yellow on available evidence pending curator on-chain verification.
Sources #
- URLWhat Is Jupiter Perps LP (JLP) And How Does It Work? — CoinMarketCapCoinMarketCap AI synthesis citing on-chain JLP holder data: >80% of supply in top 10 walletsretrieved 2026-05-16
- Solscan — JLP Token Mint 27G8MtK7VtTcCHkpASjSDdkWWYfoqT6ggEuKidVJidD4Solscan JLP token holder page — on-chain holder distribution referenceretrieved 2026-05-16
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →