On Jupiter, the Solana based perps venue, short positions had taken up 67.22% of the pool capacity set aside for them in SOL, ETH and BTC as of Oct 16. Long capacity is far less used, at 11.21% for $SOL , 6.91% for Ether and 14.4% for Bitcoin.
The crowd itself leans the other way. Longs hold 80.5% of open positions, $70.6M against $17.1M in shorts, and $SOL alone carries $48.1M long and $11.3M short.
The JLP pool, the liquidity that takes the other side of every trade on the venue, holds $870.3M and shows an 8% annual rate for its holders.
The crowd itself leans the other way. Longs hold 80.5% of open positions, $70.6M against $17.1M in shorts, and $SOL alone carries $48.1M long and $11.3M short.
The JLP pool, the liquidity that takes the other side of every trade on the venue, holds $870.3M and shows an 8% annual rate for its holders.