★ Single admin EOA
Jupiter's assessment for RD-F-027 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Program upgrade authority held via Squads multisig (not a single EOA). JUP token admin is 4-of-7 multisig with named external signers. However: (1) governance voluntarily paused since June 2025, reverting effective protocol control to founding team (Meow/Ming Ng, Siong Ong) with no on-chain constraint; (2) exact program upgrade authority multisig address not publicly confirmed. No single admin EOA holds formal authority, but de facto centralization during pause is material.
Sources #
- URLManaging Program Upgrades with Multisig | SquadsSquads blog explicitly naming Jupiter as Squads userretrieved 2026-04-29
- Solana DEX Jupiter Pauses DAO Votes | CoinDeskJupiter governance pause — team controls protocolretrieved 2026-04-29
- Solana exchange Jupiter pauses DAO voting amid breakdown in trust | DL NewsJupiter DAO governance pause — team has effective controlretrieved 2026-04-29
Methodology #
Determine whether the effective upgrade/owner/rescue role is held by a single EOA (not a multisig) with no timelock on sensitive operations.
See the full factor methodology and distribution across all protocols →