VS
Jupiter vs Drift
Solana's two biggest perp DEXs — a pool-based model versus a full order book. A neutral comparison.
| Feature | Jupiter Perps | Drift Protocol |
|---|---|---|
| Chain | Solana | Solana |
| Trading model | JLP pool + oracle | Hybrid on-chain order book |
| 24h volume | $1.6B | $640M |
| Open interest | $650M | $240M |
| Taker fee (from) | ~0.06% + impact | 0.05% |
| Markets | ~60 (majors) | ~55+ with order types |
| Order types | Market, limited | Limit, stop, advanced |
| Depth on majors | Very deep (JLP) | Good |
| Best for | Simple deep majors | Order-book control |
| Non-custodial | Yes | Yes |
The short version
Jupiter Perpetuals is the volume leader on Solana. Its JLP pool provides excellent depth on majors, and because it's part of the Jupiter aggregator, it's where a huge share of Solana traders already are. The model is simple: trade against the pool at an oracle price. That's frictionless for majors but means price impact on size and a narrower market list.
Drift takes the harder route with a hybrid on-chain order book. It offers real limit and stop orders, more granular control and a broader feature set (including lending and prediction-style markets), at competitive fees. Liquidity on majors is good, if not quite JLP-deep.
Which should you use?
For simple, deep-liquidity trades on majors with minimal fuss, Jupiter is hard to beat on Solana. For order-book execution, advanced order types and market breadth, Drift is the more capable trading platform. Many Solana traders keep both open.
Verdict
Jupiter wins on pool depth and volume; Drift wins on order-book control and features. Your pick depends on whether you value simple deep majors or granular execution.