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1000x is an experimental, high-risk trading product on jup.ag, in beta. Trade at your own risk and only with funds you can afford to lose.
For how 1000x works, see the 1000x overview.

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What risks do the 1000x terms list?

Before your first 1000x 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, and they link to the House rules. By accepting, you agree to Jupiter’s 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: 1000x 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. Remaining collateral returns in JupUSD at close, and profit adjustments and fees apply. If the House cannot cover your profit, it enters a first-in, first-out queue and is paid as funds become available. There is no fixed payout timeline, and the profit may never pay out.
  • Smart-contract, oracle, wallet and stablecoin risks can cause losses.

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What else should I know before trading on 1000x?

  • For the first 15 seconds after it opens, you cannot close a 1000x position, but it can be liquidated. At 1,000x, a 0.1% move against you in those 15 seconds ends the trade.
  • While trading is paused, you cannot open or close a 1000x position, but open positions can still be liquidated.
  • 1000x closes a position automatically 24 hours after it opens, or as soon as its profit reaches 25 times its collateral, and earlier when a Blitz timer ends or a GOLD or OIL market closes: you cannot keep a position open longer to wait for a bigger move. See When does 1000x close a position automatically?
  • In Double or Nothing, you cannot close the position yourself: it runs until its take profit, its bust price or the 24-hour limit. The bust price is closer to your entry than the take profit, about 0.098% against 0.142% at 1,000x. See How does Double or Nothing work on 1000x?
  • In Blitz, you cannot close the position yourself: it runs until the timer you picked ends, then closes at the market price, win or lose, unless it is liquidated first. See Blitz mode
  • On GOLD and OIL, you cannot open a position in the 5 minutes after the market opens or before it closes, and you cannot close one while the market is closed: any position still open at the close settles at the closing price. See Market hours for GOLD and OIL
  • In Spin, you approve the trade before you see its market, side and leverage, which is drawn from 500x to 1,000x: at 1,000x, a 0.098% move against you liquidates it. See How does Spin work on 1000x?
  • A 1000x order has no price limit: it fills at the oracle price when it executes. See Trade on 1000x.
  • 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 1000x profit adjustment and fees.
  • A queued profit waits behind every earlier queued profit, including one larger than the House bankroll, until trader losses refill the House, and it may never be paid. See How does the 1000x payout queue work?