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About JGLP

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 ratejUSDC: Transparent USDC yield without the inefficiencies of competing methodsBoth 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:Users can deposit GLP or any GLP basket token into the jGLP Vault, and USDC into the jUSDC Vault.The jGLP Vault borrows USDC collateral from the jUSDC Vault to mint more GLP, thereby gaining leverage on its GLP position.The jGLP Vault delivers amplified and transparent real yield to depositors.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.

Jones GLP (JGLP) is a cryptocurrency launched in 2023. JGLP has a current supply of 1.00Bn with 0 in circulation. The last known price of JGLP is 0 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.jonesdao.io/.

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JGLP Price Statistics
JGLP’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#6160
JGLP Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.26Bn
JGLP Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
JGLP Supply
Circulating Supply
0
Total Supply
1.00Bn
Max Supply
0
Updated Sep 01, 2024 9:30 am
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JGLP
Jones GLP
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
BTCS Inc. Announces Ether Dividend to Combat Short-Selling
BTCS Inc. Announces Ether Dividend to Combat Short-Selling
According to Cointelegraph, Ethereum treasury firm BTCS Inc. has unveiled plans to issue a one-time Ether dividend payment alongside a loyalty payment, amounting to $0.40 per share in ETH. This initiative aims to reward shareholders and curb predatory short-selling practices. The company, which transitioned from Bitcoin mining to Ethereum operations, emphasized that these payments are intended to empower long-term shareholders by reducing the likelihood of their shares being lent to short-sellers. BTCS claims to be the first publicly traded company to offer a dividend in ETH, a move that has been positively received by investors, as evidenced by a 10.4% increase in BTCS shares on the announcement day. The ETH dividend, referred to as the "Bividend," will be distributed on September 26, while the $0.35 per share "Loyalty Payment" will be allocated in ETH to shareholders who retain their shares until January 26, 2026. This loyalty payment excludes officers, directors, and employees, as noted by the company. In a competitive landscape of 69 Ethereum treasury entities vying for substantial ETH holdings, BTCS aims to distinguish itself. Ether treasury firms have significantly contributed to Ether's price surge from approximately $1,465 to $4,775 over the past four months. BTCS is currently ranked 11th in the ETH treasury race, holding 70,000 ETH valued at over $303 million, according to StrategicETHReserve data. Leading the race are Bitmine Immersion Tech and SharpLink Gaming, with holdings of 1.5 million ETH and 728,800 ETH, respectively. BTCS has been actively engaging in decentralized finance activities, such as borrowing on Aave and staking, since at least 2022. However, the firm has intensified its ETH accumulation efforts in recent months, funding purchases through at-the-market equity offerings and issuing convertible notes, similar to strategies employed by its competitors. Following the announcement, BTCS shares rose to $4.87, recovering some of the losses incurred since reaching a 2025 high of $6.57 on July 18, as per Google Finance data. The Nasdaq-listed company now holds a market capitalization of $233 million.
Aug 19, 2025 10:11 am

Frequently Asked Questions

  • What is the all-time high price of Jones GLP (JGLP)?

    The all-time high of JGLP was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Jones GLP (JGLP) is 0. The current price of JGLP is down 0% from its all-time high.

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  • How much Jones GLP (JGLP) is there in circulation?

    As of , there is currently 0 JGLP in circulation. JGLP has a maximum supply of 0.

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  • What is the market cap of Jones GLP (JGLP)?

    The current market cap of JGLP is 0. It is calculated by multiplying the current supply of JGLP by its real-time market price of 0.

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  • What is the all-time low price of Jones GLP (JGLP)?

    The all-time low of JGLP was 0 , from which the coin is now up 0%. The all-time low price of Jones GLP (JGLP) is 0. The current price of JGLP is up 0% from its all-time low.

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  • Is Jones GLP (JGLP) a good investment?

    Jones GLP (JGLP) has a market capitalization of $0 and is ranked #6160 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Jones GLP (JGLP) price trends and patterns to find the best time to purchase JGLP.

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