Jupiter Exchange announced the official launch of Jupiter VERIFY, a community-driven verification system designed to enhance transparency and security for tokens traded across Solana’s rapidly growing ecosystem.
The system, built on extensive development and feedback over three years, introduces two key verification tiers and a dynamic framework for evaluating tokens: blue-chip and community-assisted verification.
Solana’s DeFi Trust Problem
Solana’s DeFi ecosystem has reached record highs in daily transaction volumes, while the total value locked (TVL) surpassed $10 billion in 2025. This expansion has resulted in a surge of tokens, some of which are legitimate while others are fraudulent. Consequently, users are susceptible to fraudulent projects, deceptive claims, and rug pulls.
The current verification methods rely heavily on centralized entities or manual reviews and have struggled to keep pace.
Jupiter, which processes over 60% of Solana’s DEX volume, realized the urgency of the issue and took responsibility for enhancing user protection.
How Jupiter Developed VERIFY and How It Works
After extensive development and feedback over three years, Jupiter developed VERIFY, a multi-layered system combining algorithmic rigor with community participation. The system uses two key verification tiers and a dynamic framework for evaluating tokens: blue-chip and community-assisted verification.
Blue-chip verification dictates that tokens must maintain a market cap of $100 million for at least a month alongside consistent liquidity and trading volume. Upon meeting these criteria, tokens receive a trust badge, which assures users of their adherence to stringent financial and operational benchmarks.
Community-assisted verification combines metrics like market cap, liquidity, and trading volume with qualitative factors. The latter include social sentiment (“CT likes”), developer activity, and ecosystem partnerships. Metrics like “community lore” (shared knowledge and narratives) are also considered.
By implementing its two key components, VERIFY reduces scams, empowers users, and supports builders.
Jupiter also has planned incremental updates, including expanding verification categories, integrating real-time audits, and launching a governance portal.
However, several challenges lie ahead in the months of beta testing. These include scalability since thousands of tokens launch weekly and subjectivity with metrics like community lore.
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