Jones GLP (JGLP)

Jones GLP

JGLP
Last price update: 3 November
$ 0.09399

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Jones GLP is not active.

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Our database has no trading pairs or current price. This does not mean the coin is not traded. Check quotes on the exchange before trading.
На русском
Overview
Where to Buy
jonesdao.io
Contracts
Explorers
Market Cap
$ 0
#13736
FDV valuation
≈ $ 52.2 ths.
FDV ≈ price × issued supply. Future issuance is not included.
Issued supply: 555 737 tokens.
Saved supply is used; its verification date is unknown.
Calculated using the last available price; quote freshness is unconfirmed.
Volume · 24h
$ 309.8
Market share
0.00%
Circulating JGLP
—
Issued supply
555 737

Price: low and high

24 hrs
No data
30 days
No data
1 year
No data
All time
Low $ 0.713 High $ 3
-96.87% from ATH +3 091.86% to ATH
How the range is calculated

24h uses saved quotes from the last 24 hours. The 30-day and one-year views use daily lows and highs for UTC calendar days, including today. Gaps are not filled; prices may have differed between samples. The dot marks the current price, not a buy signal.

All time uses CoinGecko’s USD ATL and ATH. Other currencies use the current exchange rate; these are not historical records in the selected currency.

JGLP Sectors:
Jones GLP does not belong to any sector.

Exchanges where JGLP is traded

No data

Calculator JGLP

JGLP
USDT

1 JGLP = 0.094 USD

What is Jones GLP?

jGLP is a product of JonesDAO, a protocol that is already listed on CoinGecko. Jones DAO is a yield, strategy, and liquidity protocol for options. We deploy vaults that enable one-click access to institutional-grade options strategies while unlocking capital efficiency & liquidity for DeFi options through yield-bearing options-backed asset tokens. Jones recently launched a set of advanced strategy vaults, jGLP & jUSDC, that are built on top of the GMX platform and GLP.

These vaults deliver transparent and consistent leveraged yield to users. They work in tandem to amplify the yield generated by GLP for depositors.

- jGLP: Smart Leverage on the underlying GLP rewards rate
- jUSDC: Transparent USDC yield without the inefficiencies of competing methods

Both vaults offer optional auto-compounding. Choosing to auto-compound allows users to mint the jGLP and jUSDC receipt tokens. The jGLP vault accrues yield in ETH, while the jUSDC vault accrues yield in USDC.

How do they work?

The jGLP and jUSDC vaults are complementary. At a high level, the two Vaults work together by doing the following:

1. Users can deposit GLP or any GLP basket token into the jGLP Vault, and USDC into the jUSDC Vault.
2. The jGLP Vault borrows USDC collateral from the jUSDC Vault to mint more GLP, thereby gaining leverage on its GLP position.
3. The jGLP Vault delivers amplified and transparent real yield to depositors.
4. The jUSDC Vault delivers USDC yield to depositors by receiving a portion of the yield from the GLP strategy built on its collateral.

The jGLP Vault only borrows from the jUSDC vault, and does not interact with any other leverage sources. jGLP maintains exposure similar to the broad crypto market (i.e ETH, BTC, etc.) while earning multiples of the base GLP yield. Even better, jGLP uses Smart Leverage, developed with extensive backtesting, to automatically rebalance within an algorithmically determined range.

How to add Jones GLP to Metamask?

To add JGLP to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Jones GLP from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The JGLP is available on the 1 blockchain networks. Below is a list of Jones GLP smartcontract addresses to add to the metamask:

  • Arbitrum One - 0x7241bc8035b65865156ddb5edef3eb32874a3af6

Official websites and links for Jones GLP

There are currently about 3 official links to Jones GLP websites and social media:

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