Jupiter vs Lighter Comparison
| 4-7 bps position open/close | Fees | Free for standard accounts; premium 0.004% / 0.028% |
Jupiter
vs
LighterWinner
Pros & Cons
Pros
- Near-zero network fees on Solana
- Very fast execution
- Embedded in Solana's largest trading ecosystem
- Pool model without order-book slippage
- Liquidity provision through JLP with a share of fees
Cons
- Narrow market list — essentially the major pairs
- Funding costs on open positions
- Very high leverage tiers on individual pairs raise liquidation risk
- No EU authorisation
Pros
- Fee-free trading for standard accounts
- Execution and liquidations verifiable via zero-knowledge proofs
- Anchored to Ethereum with an escape hatch if the sequencer misbehaves
- Order types including TWAP and conditional orders
- No KYC
Cons
- Pseudonymous team, no publicly stated place of business
- No EU authorisation
- Young platform — mainnet only since October 2025
- Support runs through community channels
Score Comparison
4.6Usability4.6
3.9Features4.6
4.0Fees5.0
4.3Stability4.4
3.5Support3.5
Features
- Network fees at a fraction of a cent
- JLP pool at billion-dollar scale
- Part of the Solana trading ecosystem
- Fee share for liquidity providers
- Fee-free trading for standard accounts
- Application-specific zk-rollup rather than a general-purpose chain
- Cryptographically verifiable matching
- Discount through LIT staking
Details
JupiterLighter
| Jupiter Exchange | Company | Lighter Labs |
| Singapore | Headquarters | Unknown (Team Pseudonymous) |