Jupiter Perps

[glam-mod]

• Domain: jup.ag
• Docs

The Jupiter Perps integration within the GLAM protocol offers a feature-rich environment for trading perpetual contracts with up to 100x leverage on the Solana blockchain. This integration utilizes liquidity from both Jupiter's aggregated liquidity pools and specialized LP pools, ensuring deep liquidity, zero price impact, and zero slippage. Key features include:

• Perpetual Exchange: Allows users to trade long or short on major markets like SOL, ETH, and WBTC, leveraging integrated liquidity sources and accurate pricing data from oracles.
• Single-Step Transactions: Users can open and close positions in one simple step without the need for additional accounts or deposits, streamlining the trading process.
• Liquidity Utilization: The LP pool integrated into Jupiter not only supports the perpetual exchange but also provides liquidity to the broader Solana ecosystem, enhancing overall market stability.
• Risk Management Tools: Features like stop-loss and take-profit options help manage risks associated with high-leverage trading, while oracles ensure stable operations during market volatility and liquidation events.

This integration is designed to cater to both active traders seeking leverage and liquidity, as well as passive participants looking to earn fees from liquidity provision, thus supporting a wide range of trading strategies and investment preferences within the GLAM ecosystem.