Pegana cannot currently answer for JLP: one or more inputs are missing or failed a sanity check, so the state is reported as Unknown rather than guessed. Jupiter Perpetuals LP (JLP) last traded at - against an intrinsic value of $4.2824, as of .
JLP is a yield-bearing stable asset. It accrues value over time, so it is expected to trade above $1.00. A premium is the mechanism working, and a sustained discount is the signal that matters. Pegana computes JLP’s intrinsic value from its peg mechanism and compares it against the best executable market quote. The spread is smoothed, classified against JLP’s own calibrated thresholds with hysteresis, and every state change emits a public receipt that anyone can re-derive byte-for-byte with the open-source methodology crate.