Jupiter Launches Token Verification API for Launchpads, Agents

Jupiter, the largest decentralized exchange aggregator by trading volume, today announced a new developer tool, the Express Verification API by Jupiter VRFD.

The verification API allows launchpads, DEXs, and AI agents to integrate verification into their token creation flows, so that tokens can be verified programmatically.

The three-step API flow involves a developer creating and signing a Solana transaction burning 1,000 JUP, then submitting the verification request alongside any token metadata updates in a single call. As Jupiter’s documentation explains, verification and metadata updates are reviewed independently, meaning a metadata change can go through even if a verification request is declined. Submissions can also be repeated as needed.

The API call transaction doesn’t required gas, meaning devs don’t need SOL to pay transaction fees, just a wallet holding at least 1,000 JUP to submit a request, the documentation notes.

Jupiter is positioning VRFD as standard plumbing for any project launching on Solana — a timely move given growing scrutiny over the role of private, closed-source AMMs routing an ever-larger share of Jupiter’s volume.

The launch extends Jupiter’s infrastructure play beyond pure trading. The Solana-based protocol is the world’s largest DEX aggregator by both weekly (~$2 billion) and 30-day (~$12 billion) volumes, according to DefiLlama. KyberSwap, which operates across 23 chains, is currently beating Jupiter on the daily timeframe, with nearly $444 million in the past 24 hours.

Jupiter currently carries a combined total value locked of $1.7 billion. In August, Jupiter Lend attracted $500 million in TVL within a single day of its beta debut, and that number has almost doubled to about $934 million by press time.

JUP is currently trading near $0.16, down over 90% from its all-time high in early 2024.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.