$JLP is a share in the pool backing @JupiterExchange perps. It holds a mix of $SOL, $ETH, $BTC and stablecoins, and earns most of the trading fees, so it is tied to the strength of the market. It remains one of my most confident sleeper accumulations. My perp profits are converted to both $USDC and $JLP and sent to my earnings wallet to accrue yield.
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