Short sellers on Jupiter Perps are the smaller crowd, yet they lean on the pool the hardest. Each short market, SOL, ETH and BTC, has borrowed 67.03% of what the JLP pool can lend to that side.
Longs hold the bulk of the money, $86.4M against $17.9M in shorts, or 82.8% of all open bets. Their borrowing runs far lighter, at 19.11% on BTC, 13.84% on SOL and 8.03% on ETH.
The JLP pool backing both sides holds $857.6M and pays depositors 8.37% a year. $SOL trades at $103.58, with $57.5M of the long money parked there.
Longs hold the bulk of the money, $86.4M against $17.9M in shorts, or 82.8% of all open bets. Their borrowing runs far lighter, at 19.11% on BTC, 13.84% on SOL and 8.03% on ETH.
The JLP pool backing both sides holds $857.6M and pays depositors 8.37% a year. $SOL trades at $103.58, with $57.5M of the long money parked there.