Jupiter has launched YOLO in beta, offering up to 1,000x leverage on $SOL, BTC and $ETH price movements while warning that profitable traders may have to wait for the house to replenish its funds before getting paid.
In its Oct. 15 announcement, Jupiter said users can go long or short—betting on prices rising or falling—with entry pitched at about $10. Its product directory lists YOLO as an experimental Jupiter Labs product with leverage ranging from 500x to 1,000x.
Traders face the house rather than other traders. Jupiter said in an accompanying disclosure that YOLO is unaudited and that unpaid profits will be queued and paid in order as funds replenish if house funds run low.
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