YOLO profit adjustment and fees - Jupiter Documentation

This page explains how a winning YOLO trade is paid and what a YOLO trade costs. YOLO is the jup.ag product for 500x–1,000x leverage: see the YOLO overview.

Why is my YOLO profit lower than the price move?

A winning YOLO trade does not pay the full linear profit of the price move. Five rules apply, in this order:

Deadband

A move in your favor of 0.2 basis points (0.002%) or less pays nothing.

Profit adjustment

Beyond that, the profit is calculated on the part of the move above 0.2 basis points, then reduced. The reduction is strongest on small moves, and the adjusted profit never exceeds 90% of the linear profit.

Profit cap

The adjusted profit is capped at 45 times the position’s collateral. See Is there a maximum profit on YOLO?

Win fee

A win fee of 2% is taken from the adjusted profit.

Close fee

Every close, winning or losing, pays a close fee of 0.2 basis points (0.002%) of the position size, taken from your collateral.

The PnL the app shows on an open YOLO position is an estimate. Losing trades are not adjusted: a loss is the position size times the price move against you, plus the close fee, up to the position’s collateral (see the bust price).

What is the YOLO profit formula?

Let m be the price move in your favor, as a fraction of the entry price. The program computes the profit you receive as follows:

m = |exit price − entry price| ÷ entry price

If m is 0.002% or less:
  profit = 0

Otherwise:
  d = m − 0.002%
  c = 1,983,979 ÷ 7,259,685,000   (about 0.0273%)
  adjusted profit = 0.9 × position size × d² ÷ (d + c),
                    at most 45 × collateral
  win fee = 2% of the adjusted profit
  profit you receive = adjusted profit − win fee

On every close, winning or losing:
  close fee = 0.002% of the position size
  (taken from your collateral)

The same formula applies to every YOLO market, at every leverage, and in both modes: in Double or Nothing, the take-profit price is the price at which this formula returns twice the collateral. The program rounds profits and fees down and losses up, to the nearest 0.000001 JupUSD.

The curve is part of the YOLO program. The win fee, the close fee, the profit cap and the 24-hour limit are settings the YOLO team can change: the values in the app’s House rules prevail.

Is there a maximum profit on YOLO?

Yes. The adjusted profit of a YOLO position is capped at 45 times its collateral (4,500%), before the 2% win fee. With 10 JupUSD of collateral, the adjusted profit can reach $450: you receive $441 after the win fee, and the close fee also comes out of your collateral. The cap amount depends only on your collateral. The move needed to reach it depends on the leverage: with 10 JupUSD of collateral, about 5.0% in your favor at 1,000x and about 10.0% at 500x. Beyond the cap, a larger move adds nothing, so YOLO closes the position automatically as soon as its adjusted profit reaches the cap. See When does YOLO close a position automatically?

How much does a winning YOLO trade pay?

Examples with 10 JupUSD at 1,000x leverage, a $10,000 position, whose close fee is $0.20:

Price move in your favor	Linear profit	Change in your balance, after all fees	Share of the linear profit
0.002%	$0.20	−$0.20	None
0.01%	$1.00	−$0.04	None
0.05%	$5.00	+$2.50	50%
0.1%	$10.00	+$6.56	66%
0.2%	$20.00	+$15.15	76%
1%	$100.00	+$85.48	85%
About 5.0%, the profit cap	About $503	+$440.80	88%

Below the profit cap, the amounts scale with position size: on a $2,500 position, divide them by four. The share of the linear profit you keep rises with the size of the move, up to about 88% at the cap (90% after the adjustment, minus the 2% win fee), and the position then closes automatically.

Gains and losses are not symmetric on YOLO. At 1,000x leverage, a 0.1% move against you liquidates the position and costs the full 10 JupUSD, while the same move in your favor adds about $6.56.

What fees does YOLO charge?

Cost	When	Amount
Opening fee	When you open	None
Borrow, funding or holding fee	While the position is open	None; the position closes automatically after 24 hours
Close fee	At every close and liquidation	0.2 basis points (0.002%) of the position size, taken from your collateral
Profit adjustment and win fee	When you close a winning trade	Adjustment as above, capped at 45 times the collateral, then 2% of the adjusted profit
Swap	When you pay with a token other than JupUSD	Swap at the quoted rate, with a 0.5% slippage tolerance
Claim account rent	When a close sends your profit to the payout queue	A small amount of SOL, refunded when the profit is paid
Take-profit order rent	When you open a position in Double or Nothing	A small amount of SOL, not refunded: it pays the keeper that executes the order
Network fees	On every transaction you sign, including a trade that fails	Solana network fee

These are launch values: the values in the app’s House rules prevail. For the payout queue and the claim account, see YOLO payouts and the House.

​Why is my YOLO profit lower than the price move?

​What is the YOLO profit formula?

​Is there a maximum profit on YOLO?

​How much does a winning YOLO trade pay?

​What fees does YOLO charge?

Why is my YOLO profit lower than the price move?

What is the YOLO profit formula?

Is there a maximum profit on YOLO?

How much does a winning YOLO trade pay?

What fees does YOLO charge?