# Jupiter ApePro Fees Methodology

## 1. Overview

Fees measures the total value paid by users to execute trades and utilize the specialized features of Jupiter ApePro. These fees are collected to compensate the protocol and its infrastructure operators for providing high-performance trading capabilities on Solana. Fees are captured as native SOL inflows to designated keeper accounts and are converted to USD for standardized reporting.

## 2. Data sources

- **Blockchain events**: Solana account activity and balance updates for the `5YET3YapxD6to6rqPqTWB3R9pSbURy6yduuUtoZkzoPX` keeper account, covering Solana
- **External data**: End-of-day price feeds for SOL

## 3. Step-by-step calculation

### Component A: Keeper account activity tracking

- **Purpose**: Monitor the specialized keeper account used for fee collection on Jupiter ApePro.
- **Logic**: Native SOL account activity is tracked for the specific Jupiter ApePro keeper account (`5YET3YapxD6to6rqPqTWB3R9pSbURy6yduuUtoZkzoPX`). Every transaction affecting this account is sequenced by block slot and transaction index to establish a chronological record of balance changes.
- **Key fields**: `block_timestamp`, `block_slot`, `transaction_index`, `post_balance`.

### Component B: Fee inflow extraction

- **Purpose**: Isolate fee payments from other account movements.
- **Logic**: Discrete fee amounts are determined by calculating the delta between the account balance after a transaction and the balance immediately preceding it. Only positive balance changes are classified as fees, effectively capturing all SOL inflows to the keeper account. Internal transfers where the transaction signer matches the recipient account are excluded to prevent the double-counting of protocol-owned funds.
- **Key fields**: `balance`, `balance_change`.

### Component C: Normalization and USD conversion

- **Purpose**: Convert native fee amounts into a standardized USD value.
- **Logic**: Fee amounts are aggregated by day based on UTC boundaries. Collected SOL amounts are normalized by decimal precision and multiplied by end-of-day price feeds.
- **Key fields**: `timestamp`, `token_address`, `amount`.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value users pay to use a protocol (gross fees, user-paid fees).

Fees

DEX aggregators

Jupiter aggregates liquidity from multiple non-custodial exchanges. Integrators set custom fees. Liquidity providers deposits funds into the perpetual exchange. Both receive fees from traders (supply-side fees).

Jupiter is a non-custodial DEX aggregator and exchange for perpetual contracts built on Solana. Jupiter was founded by an pseudonymous founder meow and launched in 2021.

JUP token holders own and govern the protocol. They currently take a cut of the total perpetual and integrator trading fees paid by traders (revenue). Jupiter's investors include White Hilt Capital, etc.
