At Solana Crossroads 2025, Kash Dhanda from Jupiter Exchange shares insights on innovation, DAO power, and the future of DeFi.
With energy high at the event, Kash reflected on Jupiter’s evolution, emphasizing its commitment to long-term community growth, powerful liquidity aggregation, and deep DAO engagement.
The conversation opened with a look back at Jupiter’s airdrop campaigns—particularly Jupuary, a now-annual event aimed at distributing tokens in a way that encourages true community participation. Kash explained that after their original airdrop proposal was rejected by the DAO, the team took into account over 12,000 pieces of feedback from stakers to create a new, more equitable distribution model. This allowed for fairer rewards across traders, stakers, and voters, reinforcing Jupiter’s decentralized ethos.
Beyond token distribution, the real engine powering Jupiter’s mission is its groundbreaking liquidity aggregation system. Kash introduced Juno, Jupiter’s next-gen liquidity engine that pulls from on-chain sources like Orca and Radium, as well as from over 18 market makers globally. By aggregating across multiple routing systems—including DFlow and Hashflow—Jupiter delivers optimal price and execution for traders.
The conversation also touched on Jupiter Z, an RFQ product that enables seamless integration of market maker quotes into the platform. Unlike traditional AMMs that suffer from slippage, especially during high volatility, Jupiter Z provides a professional-grade experience that’s as efficient as it is user-friendly.
Looking ahead, Kash confirmed that Jupuary will continue in 2026 with another 700 million $JUP tokens up for distribution. This long-term commitment to the community reflects Jupiter’s vision: not just to grow fast, but to grow sustainably, with the community at its core.
As the conversation wrapped, Kash emphasized the irreplaceable value of real-life interactions in strengthening community ties. Whether through Telegram, Twitter, or a quick chat at Crossroads, he hopes to leave every event with deeper connections and a stronger, more vibrant Jupiter ecosystem.
