Jupiter is deploying a new price impact mechanism to increase the contract opening limit by 4 times

PA一线
PA一线05/29/2025, 04:55 AM

PANews reported on May 29 that Jupiter co-founder SIONG posted on the X platform that the current order limit for SOL on its contract trading platform is 2.5 million US dollars, and the order limit for BTC and ETH is 5 million US dollars. The reason is that under the current price impact mechanism, the user's opening amount exceeds the limit, and the price impact fee may be so high that the position is forced to be closed. Jupiter is currently deploying a new price impact mechanism to solve the problem. After the new mechanism is launched, the SOL order limit is expected to increase to 10 million US dollars, and BTC and ETH to 20 million US dollars. If the limit is exceeded again, the price impact fee needs to be reduced, but this will affect JLP's income and the risk is higher, so it needs to be considered carefully. However, raising the order limits for SOL, BTC and ETH to 10 million and 20 million US dollars respectively is a good start.

Share to:

Author: PA一线

This content is provided for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PA一线PA一线2025-05-30 11:55
PA一线PA一线2025-05-23 01:42
PA一线PA一线2025-05-22 01:29
Odaily星球日报Odaily星球日报2025-05-22 00:00
PA一线PA一线2025-05-20 01:41
PA一线PA一线2025-05-18 00:38