Lightspeed Building the Onchain Super App | Xiao-Xiao J. Zhu
Feb 3, 2026
Xiao-Xiao J. Zhu, President of Jupiter and on-chain finance leader, discusses transforming Jupiter into an on-chain super app. He covers the shift from CeFi to on-chain trading, mobile-first onboarding, omni-chain execution, Jupiter’s payment stack and cards, and stablecoin/product strategies. Short, forward-looking conversation on scaling decentralized trading and mainstream adoption.
AI Snips
Chapters
Transcript
Episode notes
Value Shifts From Infra To Apps
- Xiao-Xiao argued value creation is shifting from infrastructure toward applications, distribution, and UX as block space commoditizes.
- He sees on-chain apps (like Jupiter) as the new frontier for capturing user adoption and revenue.
Centralized Players Will Build On-Chain
- On-chain and CeFi worlds are merging as centralized venues build on-chain features rather than be displaced.
- Xiao-Xiao forecasts a much larger on-chain user base ahead and a 10x–100x growth opportunity.
Attack Five Growth Vectors In Parallel
- Prioritize five growth vectors: mobile, strategic integrations, new products, payments/real-world bridges, and omni-chain execution.
- Hit all vectors in parallel to reach a 10x expansion rather than focusing on one channel.