Skip to main content
727 Finance
English

Jupiter Labs launches high-leverage trading product YOLO, aiming to benchmark against PaperTrade with support for up to 1000x leverage.

PANews October 15 news: Jupiter co-founder SIONG announced on the X platform that Jupiter Labs has launched the high-leverage trading product YOLO, supporting leverage of up to 500 to 1,000 times. The product draws on the JLP model and adopts a mechanism different from traditional perpetual contracts: user positions are settled based on simulations of real market prices, but profits and losses are still real changes in funds, without the need to actually execute large-scale leveraged positions in the market.

SIONG reminded that YOLO's profits are paid by a liquidity pool. If the liquidity in the pool is insufficient to pay profits, user withdrawals may enter a queue rather than arriving immediately. The product is still in an early experimental stage and has its own risks and limitations.

Related news

  1. Circle newly minted 250 million USDC on the Solana network.

  2. Meta and Chinese company Fourier developed a humanoid robot prototype in 3 months.

  3. Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish assets required for Proof of Reserves.

  4. DeepSeek proposes a Super-agent architecture design, exploring more autonomous Agent systems.

  5. Aggregator Hooks bring external liquidity into v4—what is Uniswap planning?

    Uniswap v4 launches aggregator Hooks, wrapping external liquidity from Curve, Fluid, PancakeSwap, and others into standard v4 pools, and directing fees toward U...