YOLO surpassed $1 billion in trading volume on its first day
- Jupiter Labs’ high-leverage product opened trading in SOL, BTC, and ETH, with up to 1,000x leverage. Notional trading volume exceeded $1 billion in under 24 hours.
- Positions are simulated using real market prices. They don’t enter the order book or settle on-chain; profits are paid out by a liquidity pool, and withdrawals go straight into a queue if the pool lacks sufficient liquidity.
That $1 billion is simulated notional volume—it creates no spot buying pressure. SOL’s sentiment-driven premium came quickly, but real money hasn’t followed through. After the short-term surge, a pullback is more likely than further gains. The key is whether it can hold near its previous high. If you’re holding a long position in SOL, would you still dare to add leverage at this level?
$SOL $BTC $ETH
- Jupiter Labs’ high-leverage product opened trading in SOL, BTC, and ETH, with up to 1,000x leverage. Notional trading volume exceeded $1 billion in under 24 hours.
- Positions are simulated using real market prices. They don’t enter the order book or settle on-chain; profits are paid out by a liquidity pool, and withdrawals go straight into a queue if the pool lacks sufficient liquidity.
That $1 billion is simulated notional volume—it creates no spot buying pressure. SOL’s sentiment-driven premium came quickly, but real money hasn’t followed through. After the short-term surge, a pullback is more likely than further gains. The key is whether it can hold near its previous high. If you’re holding a long position in SOL, would you still dare to add leverage at this level?
$SOL $BTC $ETH