Jupiter, a leading decentralized exchange on Solana, has secured a $35 million strategic investment from ParaFi Capital to support Jupiter’s plan to build stronger on-chain financial infrastructure and expand its role in Solana DeFi.
On February 2, the project announced the agreement, calling ParaFi a long-term strategic partner. ParaFi is a digital asset investment organization recognised for financing significant DeFi technologies and infrastructure initiatives.
Jupiter currently handles a large share of Solana’s decentralized spot trading volume by routing orders across many DEXs. Some reports indicate that the platform often accounts for more than half of Solana’s organic DEX activity.
How Jupiter Plans To Use The New Funding
Jupiter says the $35 million will accelerate work on its core on-chain systems. The team plans to upgrade liquidity tools, enhance risk controls, and expand financial services for swaps, perps, lending, and stablecoins.
The project also wants to push its vision of a Solana “super app” for finance, where users can trade, borrow, and earn yield in one place. With more capital, Jupiter aims to refine its interface, simplify complex trades, and support new use cases beyond basic token swaps.
Jupiter’s growth track helped attract ParaFi’s interest. Since launch, the protocol has processed tens of billions of dollars in total volume and reported strong revenue during Solana’s latest trading boom.
Why ParaFi Is Backing Jupiter Now
ParaFi frames the deal as a bet on core DeFi infrastructure rather than short-term speculation. The firm highlighted Jupiter’s routing engine, user growth, and tight integration with the broader Solana ecosystem.
The investment includes not only capital, but also potential help with partnerships, governance, and product strategy. ParaFi has a history of supporting leading lending and trading protocols, so its backing signals confidence in Jupiter’s long-term role in on-chain finance.
This deal also comes as Solana’s DeFi metrics recover, with liquidity and trading volume returning to the network. Commentators say the raise may draw more institutional attention to Solana and strengthen Jupiter’s position as a key liquidity hub.
READ MORE: Solana Price Slips Below $100 as Analysts Flag $40s Support
