Jupiter Perps review
Perps are one tab inside the largest Solana app: three markets trade against the JLP pool, with leverage up to 250x, and six Beta markets add JUP, HYPE, ZEC and tokenised stocks. The 0.06% base fee is the highest of the series, and borrow fees keep accruing while a position is open.
jup.ag
Perpetual futures are leveraged: a small move against you can liquidate your position. Only trade what you can afford to lose.
- Trading fees
- 0.06% per open or closeNo order book and no maker/taker split on the JLP markets (SOL, ETH, wBTC): a 0.06% base fee is charged on open and on close, plus a price-impact fee that grows with the clip and with the imbalance of open interest, an hourly borrow fee, and a swap fee of 10 bps (2 bps on stablecoins) when the input token has to be converted. Beta markets charge a taker or maker fee per order plus an hourly funding rate instead.
- New-user perk
- None documented
- Max leverage
- up to 250×9 perp markets
- Identity check
- No KYC
- Custody
- Non-custodial, Solana wallet
- Settles on
- Solana · USDC, SOL, wETH, wBTC
- Where it runs
- Web, iOS, Android
- 30-day volume
- $6,207.0MDefiLlama protocol page (Jupiter, perp volume), 28/09/2026, reported volume. No normalized figure is published on that page, so the $6.2B is taken as published.
Who it’s for
Pick it if
You already live in the Jupiter ecosystem and want perps without leaving the app or the mobile client.
Skip it if
You are chasing the lowest fees, or you want an order book with limit orders resting in it.
Strengths / Limits
Strengths
- $6.2B of perp volume over 30 days, on a venue whose app already has a large Solana user base.
- Leverage from 1.1x to 250x, the widest range of the series, with an in-app warning above 150x.
- Any SPL token can be used as input: it is swapped automatically into the right collateral token.
- Native iOS and Android apps document perps in the Trade tab, and Beta markets add tokenised stock perps.
Limits
- 0.06% on each side makes Jupiter the most expensive venue of the series for a round trip.
- Beta markets require staking 69 JUP for early access and cap position sizes.
- No perps-specific referral share is published: the documented program targets API integrators.
What it offers
- Order bookNot documented
- Cross marginNot documented
- Spot tradingYes
- Vaults / copy vaultsYes
- Copy tradingNot documented
- Stocks, gold or forexYes
- Points programYes
- APIYes
- Mobile appYes
- Telegram botNo
“Not documented” means we found no official page, not that the feature is missing.
How to start safely
- Open the official app
Type jup.ag yourself or use a bookmark: phishing copies of perp exchanges are common.
- Deposit a small amount first
Send a test deposit of the collateral the exchange accepts, on the chain it documents, before moving more.
- Set leverage and a stop before the order
Pick isolated margin for a new trade, keep leverage low, and place the stop-loss with the order, not after.
- Watch funding and liquidation price
Funding is paid regularly while a position is open, and the liquidation price moves closer as leverage rises.
Security record
No incident found in our sources. That is not a guarantee.
Official domains: jup.ag
Sources
Checked on 27 Sept 2026. Facts change quickly: re-check prices and fees in the app.
Jupiter Perps0.06% per open or close · jup.ag
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