> ## Documentation Index
> Fetch the complete documentation index at: https://docs.jup.ag/llms.txt
> Use this file to discover all available pages before exploring further.

> ## Agent Instructions
> These docs cover what users see and do on jup.ag, Jupiter Mobile and Jupiter Wallet.
> Universal Deposit, the GUM routes in Bridge & Swap (GUM Universal Bridge, GUM Universal Deposit) and other GUM integrations on jup.ag are built by GUM. For how they work, their full fee rules, security model and APIs, the reference is the GUM docs: start from https://docs.gum.ag/llms.txt.
> When the GUM docs and these docs differ on how a GUM product behaves on jup.ag, describe the jup.ag experience from these docs and the mechanics and fees from the GUM docs.

# YOLO risks

> The risks of trading on YOLO, the Jupiter Labs 500x–1,000x beta: fast liquidation, no stop loss, execution price, delays, pauses and the payout queue.

YOLO is an experimental, high-risk trading product from Jupiter Labs, in beta. Trade at your own risk and only with funds you can afford to lose. For how YOLO works, see the [YOLO overview](/user-docs/labs/yolo).

## What risks do the YOLO terms list?

Before your first YOLO trade, the app asks you to acknowledge its terms and risks, marked Experimental Beta — High Risk. You can reread them at any time from **Terms & risks**. By accepting, you agree to Jupiter's [Terms of Use](https://developers.jup.ag/docs/legal/terms-of-use) and acknowledge that:

* Small price movements, about 0.1–0.2% against you, can result in the loss of your entire position.
* Market orders only: YOLO does not support stop-loss or take-profit orders, and signing or submitting a close does not guarantee execution before liquidation.
* Network congestion, oracle or keeper delays can prevent trades from executing, and Jupiter does not compensate for losses caused by network congestion.
* Chart prices and PnL are estimates: trades settle at the onchain execution price, which can differ from the price you see.
* You trade against the House, not other traders. Profits are paid from the House's available funds; when they are insufficient, unpaid profits enter a first-in, first-out payout queue. Payouts are not guaranteed to be immediate, and there is no fixed payout timeline.
* Smart-contract, oracle, wallet and stablecoin risks can cause losses.

## What else should I know before trading on YOLO?

* While trading is paused, you cannot open or close a YOLO position, but open positions can still be liquidated.
* A YOLO order has no price limit: it fills at the oracle price when it executes. See [Trade on YOLO](/user-docs/labs/yolo/trading#what-price-does-my-yolo-trade-fill-at).
* Gains and losses are not symmetric: the profit adjustment pays less than the linear profit of a move in your favor, while a move against you costs its full linear loss. See [YOLO profit adjustment and fees](/user-docs/labs/yolo/profit-and-fees).
* A queued profit waits behind every earlier queued profit, including one larger than the House bankroll, until trader losses refill the House. See [YOLO payouts and the House](/user-docs/labs/yolo/payouts).


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