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1000x is an experimental, high-risk trading product on jup.ag, in beta. On 1000x, you trade SOL, BTC, ETH, ZEC, HYPE, GOLD (gold) or OIL (crude oil), long or short, at 500x to 1,000x leverage, with JupUSD as collateral and as payout token. GOLD and OIL trade only during their market hours. 1000x was called YOLO until November 11, 2026: jup.ag/yolo links now open jup.ag/1000x. 1000x has five modes:
  • In Classic, you close a position when you choose.
  • In Double or Nothing, a position ends at a take profit that returns twice its collateral or at liquidation, unless the 24-hour limit closes it first.
  • Full send, on desktop, opens Classic positions on every market from one form.
  • In Spin, you choose only the stake: 1000x draws the market, the side and the leverage (500x to 1,000x) at random and opens a Classic position.
  • In Blitz, you pick a timer of 15 seconds to 5 minutes before you open: when it ends, the position closes at the market price, win or lose, and you cannot close it before.
On jup.ag, open 1000x from Trade in the side navigation, where it is listed as 1000x with a Beta tag, or go to jup.ag/1000x. To open the 1000x leaderboard, click Leaderboard next to the sound and settings buttons at the top of 1000x; in a phone browser, the button shows only a trophy.
At 500x–1,000x leverage, a price move of about 0.1–0.2% against you liquidates your position and you lose all its collateral. 1000x has no stop loss, and the only take profit is the fixed 2× target of Double or Nothing. Read 1000x risks before trading, and only trade with funds you can afford to lose.

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How does 1000x work?

Every 1000x trade is placed against the House, not against other traders. The House is a pool funded only by trader losses, and trader profits are paid from it. 1000x does not use the JLP pool, and its rules differ from Jupiter Perps. Four mechanics set 1000x apart:

Bust price

Your position is liquidated once your loss reaches its collateral minus the close fee: a move of about 0.098% against you at 1,000x.

Profit adjustment

A winning trade pays less than the linear profit of the price move, up to 25 times your collateral. A 3% win fee applies to the adjusted profit, and every close pays a small close fee.

Payout queue

Your collateral always returns at close, but your profit is paid only when the House can cover it in full; otherwise it waits in a first-in, first-out queue.

Execution price

Orders are market orders that fill at the onchain oracle price when they execute, with no price limit.

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What do I need to trade on 1000x?

A Solana wallet

Connected on jup.ag. Before your first trade, you accept the 1000x terms and risks.

At least 5 JupUSD

Or another token, swapped to JupUSD when you open. The minimum applies to the JupUSD you end up with.

A bit of SOL

For network fees and account rent.

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Key parameters

These are launch values: the values shown in the app prevail.

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1000x pages

Trade on 1000x

Open and close a position, Double or Nothing, Full send, Spin, Blitz, market hours for GOLD and OIL, payment tokens, bust price, execution price, size limits, top open positions, spy mode, megaphones and the leaderboard.

Profit adjustment and fees

How profit is calculated, the formula, worked examples and every cost of a trade.

Payouts and the House

When you receive your collateral and your profit, and how the payout queue works.

Risks

The risks listed in the 1000x terms, and what happens during a trading pause.

FAQ

Short answers to common questions.