DEX Jupiter will stop voting until 2026, closing the treasury until 2027.

Jupiter, the largest DEX aggregation platform on the Solana network (DEX), has just announced a suspension of all community voting activities until the end of 2025 and the sealing of DAO governance funds until 2027. This decision comes amid signs of community overload and the development team wanting to focus on building new products.

This move means temporarily disabling one of the main functions of the native token JUP – a tool used to propose and vote on decisions in the DAO of Jupiter.

According to a statement from team member Kash Dhanda:

"One thing has become very clear recently: the current DAO structure is not functioning as expected. We are hearing complaints, noticing a breakdown in trust, and sensing the increasing cycle of FUD with each vote."

Jupiter announced that it will redirect resources from routine governance activities to strengthen the product ecosystem and expand market position.

Currently, Jupiter remains the leading DEX on Solana with over $2.2 billion TVL (total value locked) and an average revenue of $1.6 million in fees per day. The platform processes over 80,000 token swap transactions daily, serving over 18,000 active users. However, in the past few months, Jupiter's traffic has decreased by up to 60%, ceding market share to the emerging competitor PumpSwap.

DAO treasury locked until 2027

According to the new plan, the DAO fund of Jupiter – internally referred to as "Litterbox Trust" – will be completely frozen for the next two years. Budget proposals or new expenditures will not be approved during this period.

The revenue from staking services such as jupSOL continues to be transferred to the treasury, but the issuance of additional JUP to reward the working group or for governance purposes will be suspended.

JUP holders can still stake normally, with about 50 million JUP allocated for staking rewards. Besides the upcoming distribution of 700 million tokens – the final phase of the "Jupuary" airdrop campaign – there are no plans for additional JUP releases in the near future.

The team expects that the temporary suspension of governance rewards will help reduce the selling pressure on JUP tokens, which are currently hovering around the lowest level of the year – approximately 0.40 USD.

A new governance mechanism is expected to be introduced in 2026 to address previous conflicts and streamline the decision-making process, before the DAO treasury officially reopens in 2027.

Thạch Sanh