Stablecoin depeg >2% on shared-LP venue
Jupiter Perpetual Exchange's assessment for RD-F-104 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Stablecoin depeg signal (T-09 v1 launch; production-live). Directly applicable: JLP basket contains USDC and USDT (estimated 40-50% of JLP composition), well above the 5% TVL threshold. Depeg of either at >2% on ≥2 venues sustained ≥30 min would fire the signal. Current posture: USDC and USDT at $1.00 on primary venues (Chainlink aggregator data) as of 2026-05-16. No stablecoin depeg event active. Signal would NOT fire today.
Sources #
- DocsJupiter JLP Earn PageJLP basket composition (SOL/ETH/wBTC/USDC/USDT) — profile §1 and Jupiter Perps documentation.retrieved 2026-05-16
- DefiLlama — Jupiter Perpetual ExchangeDefiLlama TVL confirms JLP basket; no stablecoin depeg flagged in ecosystem as of 2026-05-16.retrieved 2026-05-16
Methodology #
Detect whether a stablecoin in this protocol's dependency graph depegs >2% on a venue with shared liquidity.
See the full factor methodology and distribution across all protocols →