Vez

we just launched something pretty interesting under jupiter labs. introducing YOLO. 500x to 1000x leverage. yes, 1000x. we’ve been experimenting with a different approach to high leverage trading, and YOLO is our first attempt at it. the idea is pretty simple. what if we could let people trade with extremely high leverage, without actually having to execute these massive leveraged positions in the market? so we took inspiration from the JLP model and built YOLO, where positions are simulated against real market prices, but the profits and losses are real. this allows us to offer leverage that goes far beyond what we currently have on jupiter perps, using a completely different approach. of course, this also comes with some tradeoffs. since profits are paid out from the pool, if there isn’t enough liquidity to pay out a winning position, the payout can be queued instead of being paid immediately. it’s a different model from traditional perps, with its own risks and limitations, but i think it’s an interesting experiment worth exploring. one thing i’ve always liked about building onchain is how much room there is to experiment with new financial products and trading experiences. and that’s also why we’re launching YOLO under jupiter labs. to give ideas like this a place to be tested, without necessarily having to fit into our existing products. i’m quite excited to see how people use YOLO and what we can learn from it. it’s still early, and there are probably many things we can improve along the way. but that’s the fun part of building and experimenting. give it a try, understand the risks, and let us know what you think. jup.ag/yolo let’s go!