Jupiter Perpetuals is the biggest perps venue on Solana by TVL, letting traders take up to 100x positions against the shared JLP liquidity pool at a Pyth oracle price with no order book.
Positions open at an oracle price against the JLP pool, so there is no slippage and no counterparty search. Traders pay a borrow fee proportional to pool utilisation. JLP holders are the counterparty and earn 75% of fees.
JLP holders absorb trader PnL, so the pool is directionally exposed. Oracle-priced execution on a high-throughput chain is sensitive to oracle latency during volatile moves.
Deepest first.
| ETH-PERP |
| $1,921 |
| +2.05% |
| +11.39%borrow |
| $7.21M |
| - |