TVL concentration (top-10 wallet share)

Jupiter's assessment for RD-F-064 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Web search evidence indicates >80% of JLP supply is held by the top-10 wallets. Extreme concentration. Drift exploit (April 1, 2026) demonstrated: a single wallet held 41.7M JLP (~17.6% of supply), confirming whale-scale holdings. Coordinated exit risk during JLP drawdown scenario is material. Jupiter Lend depositor concentration data not independently verified.

Sources #

URL
Jupiter's Liquidity Pool TVL Surpassing $2 Billion — mentions top-10 wallet >80% concentrationAInvest analysis — JLP whale concentrationretrieved 2026-04-29
URL
Drift Protocol Hit by $285M Exploit — JLP transfer evidenceDrift exploit — 41.7M JLP single transferretrieved 2026-04-29

Methodology #

Compute the percentage of protocol TVL held in the top-10 depositor addresses.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol jupiter factor RD-F-064 score yellow collected_at 2026-04-29 11:51:25