Yield Strategies
Enter pre-built strategies in 1 click.
Strategies are pre-built templates. Users should understand the risks and manage their positions accordingly.
FAQs
Each strategy has its own associated risks, these are highlighted in the Risk section on each strategy. Overall, the main risks are:
- Max Leverage Risk — strategies apply maximum leverage to amplify yield. This also amplifies all other risks. Small rate changes or price movements have an outsized impact on your position at high leverage. Always check the liquidation calculator to understand your exposure.
- Depeg Risk — the supply asset value crashes below its target rate.
- Rate Risk — Supply APY and Borrow APY are volatile. Borrow APY may spike or Supply APY may drop, which can cause positions to lose value.
- Liquidation — if your Position Health reaches a critical level, meaning your position is getting close to the Liquidation Threshold, part of your collateral may be sold to repay your debt.
Strategies create simple 1-click positions on Jupiter Lend. Each strategy has its own underlying composition, returns and associated risks.These serve as templates and it is important you understand the risks before you enter each strategy.
Looping is the process of repeatedly depositing collateral, borrowing against it, swapping the borrowed asset back to the collateral asset, and re-depositing — all in a single atomic transaction via a flashloan.For example, in the JupSOL Loop: you deposit JupSOL, borrow SOL against it, swap SOL back to JupSOL, and re-deposit. This multiplies your exposure to the yield spread between Supply APY and Borrow APY.Strategies handle this automatically — you just deposit and the loop is applied at maximum leverage.
The APY is calculated based on the difference between the Supply APY and Borrow APY, multiplied by the leverage.For example, if the Supply APY is 6% and the Borrow APY is 5.5% at 16x leverage, the APY is roughly (6% × 16) − (5.5% × 15) = 13.5%.The APY shown is the current APY. These rates fluctuate based on asset yield and protocol supply/borrow rates.
Maximum leverage is the highest multiplier allowed by a strategy's vault configuration. It is determined by the collateral factor — the higher the collateral factor, the more you can borrow per unit of collateral, and the higher the leverage.Higher leverage amplifies both the yield and the risk. A small change in Borrow APY or a depeg event has a much larger impact on a 16x position than a 2x position. Use the liquidation calculator to understand how rate scenarios affect your position at max leverage.
Click “Manage” on any strategy card where you have an active position. From there you can deposit more collateral to increase your position, or switch to the Withdraw tab to fully unwind — repaying all debt and withdrawing all collateral in a single transaction.
Withdrawing fully unwinds your position. The system swaps your collateral to repay all outstanding debt via a flashloan, then returns the remaining assets to your wallet — all in one transaction.Partial withdrawals are not supported for strategies. You always withdraw 100% of your position.
Capacity is the remaining borrowable amount in the strategy. Each strategy has a borrow ceiling that limits total leverage across all users. When capacity is low (“Filling fast”) or zero (“Filled”), new deposits may be limited or unavailable until existing positions are closed or the ceiling is raised.
For new positions, the first signature creates your position account on-chain. The second applies leverage — depositing your collateral, borrowing, swapping, and re-depositing in a single flashloan-powered loop. If you already have a position and are adding more collateral, only one signature is needed.