High-volume Solana perps built on the JLP liquidity pool
Last updated: July 2026
Jupiter Perps is the perpetual futures product from Jupiter, Solana's dominant DEX aggregator, and one of the highest-volume perp venues in DeFi. It uses a pool-based model: traders open leveraged positions against the JLP (Jupiter Liquidity Provider) pool at oracle prices, which means no order book and no slippage on execution — large positions fill at the oracle price rather than eating through an order book. Liquidity providers deposit into JLP and earn a share of trading fees and trader losses (while bearing trader profits), making JLP a popular yield product in its own right. Backed by Jupiter's enormous Solana user base and liquidity, Jupiter Perps offers deep, reliable leverage trading on major assets with Solana's speed and low fees. The trade-offs: the pool-based model concentrates counterparty exposure in JLP (LPs are the counterparty to traders), available markets are more limited than order-book venues, and it's Solana-only. Oracle-priced execution also depends on oracle reliability. But for Solana traders who want high-volume, low-slippage perpetuals with deep liquidity — and for LPs seeking real yield from the JLP pool — Jupiter Perps is one of the leading perp venues on Solana and in all of DeFi.
Jupiter Perps offers a free plan.
Jupiter Perps
Free
| Feature | Jupiter Perps |
|---|---|
| Max Leverage | Up to 100x |
| Settlement Model | Pool-based (JLP) |
| Oracle Type | Oracle-priced (Pyth) |
| Funding Rates | ✓ |
| Cross Margin | ✗ |
| Isolated Margin | ✓ |
| Liquidity Provider Yield | ✓ |
| Governance Token | ✓ |
| Multi Chain | ✗ |
| Self Custody | ✓ |
Yes, Jupiter Perps has a free plan.
Jupiter Perps is used for high-volume solana perps built on the jlp liquidity pool. It's primarily used by Web3 teams in the Perp DEXs category.
See our full alternatives comparison at https://chainpick.io/alternatives/jupiter-perps.
Jupiter Perps has a rating of 4.4/5 based on 198 reviews. Key strength: One of the highest-volume perp venues in DeFi. Main limitation: Pool-based model concentrates risk in JLP.
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