BlockBeats News, May 29, Jupiter co-founder SIONG posted on X, stating, "Currently, Jupiter's contract trading platform has a single order limit of $2.5 million for SOL and $5 million for BTC and ETH. This is because under the current price impact mechanism, if a user's position opening amount exceeds this limit, the price impact cost would be so high that it could directly lead to liquidation. We are deploying a new price impact mechanism to thoroughly address this issue."
After the new mechanism goes live, the SOL single order limit can be increased to $10 million, and BTC and ETH to $20 million. If this limit is exceeded, we will have to further reduce the price impact cost, which will also affect JLP's revenue and increase the risk. Therefore, careful consideration is needed. Nevertheless, increasing the single order limits for SOL, BTC, and ETH to $10 million, $20 million, respectively, will be a good start."
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