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Jupiter Labs Launch a high-leverage trading product YOLO, reportedly aiming to match PaperTrade's maximum support of 1000 x leverage

PANews October 15 reported that Jupiter a co-founder SIONG announced in a post on X that it would Jupiter Labs launch a high-leverage trading product YOLO, supporting up to 500 x 1000 leverage. The product draws on the JLP model and uses a mechanism different from traditional perpetual contracts: user positions are simulated and settled based on real market prices, while profits and losses still involve actual fund movements, without the need to execute large leveraged positions in the market.SIONG It warned that YOLO profits are paid from a liquidity pool; if the pool's liquidity is insufficient to pay profits, user withdrawals may enter a queue rather than being credited immediately. The product remains in an early experimental stage and has its own risks and limitations.

Source: https://www.panewslab.com/zh/articles/01a14027-e0ef-73ad-89e6-befbd2cbe042