Solana longs carry Jupiter Perps. Of $77.3M in long bets on the venue, $53.8M sits on SOL, and longs make up 81.8% of all open money across SOL, ETH and BTC.

The smaller short side works its capacity harder. Shorts total $17.2M, yet 65.05% of what the pool can lend to short sellers is in use in each of the three markets. Long side usage is far lighter, at 12.51% for SOL, 15.67% for BTC and 5.47% for ETH.

The JLP pool backing these trades holds $876.0M, paying liquidity providers an annual rate of 8.37%.