Jupiter launches YOLO beta enabling up to 1,000x leveraged positions against a house pool, with profit withdrawal queuing.
DeFi & Yields ·
Jupiter introduced YOLO as a live beta on October 15, offering leveraged trading on $SOL, $BTC, and $ETH with settings ranging from 500x to 1,000x against a house pool. Winning traders draw profit from the pool while losses feed it, but if the pool cannot cover payouts, profits enter a queue with no guaranteed payment timeline. The unaudited product accepts only market orders, charges a 2% fee on profits above 0.2 basis points, and returns collateral immediately upon position closure while queued profit awaits replenishment from new trader losses.