**[Jupiter Labs Launches Experimental High-Leverage Trading Product YOLO]** According to a report by Jinse Finance, on October 16, Jupiter co-founder SIONG announced that Jupiter Labs has launched an experimental high-leverage trading product called YOLO, supporting leverage levels of 500x to 1000x. The product adopts the JLP model, simulating positions based on real market prices, but profits and losses are realized without the need to execute corresponding leveraged positions in the actual market. The profits from YOLO are paid out from a liquidity pool. If the liquidity pool lacks sufficient funds to cover profitable positions, related payments may be queued rather than settled instantly. SIONG emphasized that this model differs from traditional perpetual contracts and comes with its own risks and limitations. SIONG stated that launching YOLO under Jupiter Labs is intended to provide experimental space for such new financial products and trading experiences without needing to adapt to existing products. Currently, YOLO is still in its early stages and has room for further improvement. He also mentioned that the launch of YOLO was inspired by PaperTrade.