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YOLO is an experimental, high-risk trading product on jup.ag, in beta. On YOLO, you trade SOL, BTC, ETH, ZEC or HYPE, long or short, at 500x to 1,000x leverage, with JupUSD as collateral and as payout token. YOLO has four 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: YOLO draws the market and the side at random and opens a Classic position at 1,000x.
On jup.ag, open YOLO from Trade in the navigation, where it carries a Beta tag, or go to jup.ag/yolo. To open the YOLO leaderboard, click Leaderboard next to the sound and settings buttons at the top of YOLO; 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. YOLO has no stop loss, and the only take profit is the fixed 2× target of Double or Nothing. Read YOLO risks before trading, and only trade with funds you can afford to lose.

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How does YOLO work?

Every YOLO 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. YOLO does not use the JLP pool, and its rules differ from Jupiter Perps. Four mechanics set YOLO 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 45 times your collateral. A 2% 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 YOLO?

A Solana wallet

Connected on jup.ag. Before your first trade, you accept the YOLO 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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YOLO pages

Trade on YOLO

Open and close a position, Double or Nothing, Full send, Spin, 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 YOLO terms, and what happens during a trading pause.

FAQ

Short answers to common questions.