Post by Engineer about Jupiter USD ($JupUSD)
@EngineerUSD•2
$JupUSD I tested JupUSD’s transparency dashboard and previewed a 100,000 JupUSD-to-SOL swap on Jupiter. The quote showed only about 0.03% impact, which was encouraging.
One thing I’d improve: the dashboard shows $45.1M in reserves, but only $2M as the onchain program buffer. Since retail users rely on swaps rather than direct redemption, it would be useful to show live exit liquidity and estimated slippage for $10K, $100K, and $1M trades.
That would help users understand the difference between being fully backed and being immediately liquid during volatile markets.