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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
SEC Files Lawsuit Against Crypto Executive Over Misleading Token Claims
SEC Files Lawsuit Against Crypto Executive Over Misleading Token Claims
The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against Donald Basile, a crypto executive, accusing him and two companies under his control of misleading investors to raise approximately $16 million through false claims related to an 'insured' crypto token named Bitcoin Latinum. According to Cointelegraph, the complaint was filed in the U.S. District Court for the Eastern District of New York, alleging that Basile orchestrated the scheme between March and December 2021 through Monsoon Blockchain Corp. and GIBF GP Inc. Investors were offered Simple Agreements for Future Tokens (SAFTs) with promises of future delivery of the token. Regulators claim that hundreds of investors were misled into believing the asset was backed and insured, although no insurance company provided coverage or proof of these claims. The case is one of the few SEC enforcement actions under the Trump administration, which has adopted a more crypto-friendly regulatory stance compared to previous administrations. The SEC alleges that Basile repeatedly claimed Bitcoin Latinum was an insured, asset-backed cryptocurrency and that investor funds would bolster its underlying value. However, the complaint asserts that millions of dollars were diverted for personal expenditures, including real estate purchases, credit card payments, and the acquisition of a $160,000 horse. The regulator seeks permanent injunctions, repayment of allegedly ill-gotten gains with interest, civil penalties, and a ban on Basile’s involvement in securities offerings. Additionally, the SEC aims to impose an officer-and-director bar to prevent him from leading public companies in the future. The Bitcoin Latinum website currently displays a 404 error, indicating it is not operational. Last week, the SEC criticized previous enforcement actions against crypto firms for not directly benefiting investors, focusing more on case volume rather than meaningful protection. Since fiscal 2022, the agency has initiated 95 actions and collected $2.3 billion in penalties for 'book-and-record' violations. However, several cases involving crypto registration and dealer definitions did not identify clear investor harm. The SEC stated that this approach reflected a misinterpretation of securities laws and a misallocation of enforcement resources. Under Chair Paul Atkins, appointed in 2025, the agency has shifted away from 'regulation by enforcement' and is now prioritizing fraud, market manipulation, and serious abuses of trust.
Apr 18, 2026 3:53 pm

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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