Members of the Jupiter DAO have raised concerns about the governance structure of the Solana-based exchange, citing the project team's significant influence over voting outcomes. An anonymous member, Thisisfun, highlighted that the team holds 20% of the JUP governance tokens, which they argue undermines decentralized governance. In response, co-founder Ming Ng stated that while he and another founder will abstain from voting, a third anonymous founder will retain voting rights. Recent proposals revealed that a single team wallet accounted for 4.5% of the voting share.