Jupiter Launches Unaudited YOLO Beta With Up to 1,000x Leverage
Users trade against a house, and profits can be queued without a guaranteed payout time if its funds run low.
AI summary
Jupiter, a Solana-based DEX aggregator, has launched an unaudited beta product called YOLO offering up to 1,000x leverage. Users trade against a house, and profits may be queued without a guaranteed payout time if the house's funds run low. The extreme leverage and unaudited code raise concerns about user risk and potential reputational damage to Jupiter's JUP token, though the product is still in beta.
