the uponly vs jupiter perps comparison is also a chain comparison: solana vs base. jupiter perps is an lp-pool perp product integrated into the broader jupiter solana ecosystem. uponly is a one-tap arcade running on base via avantis. this article compares them on structure, fees, leverage, and ux without dressing the result.
we are the uponly team. we will still tell you when jupiter is the better pick, because anything else makes us look like grifters.
how each one works
jupiter perps uses a peer-to-pool model. liquidity providers stake a basket of assets into the jlp pool, and that pool is the counterparty to traders. when traders win, jlp pays. when traders lose, jlp earns. structurally it takes the lp-pool approach on solana.
uponly is not a pool product. uponly is a one-tap arcade that executes through avantis on base. you fund an in-app wallet on base, set collateral and leverage, tap rip, and the platform opens a random pair on a random side at the on-chain mark. there is no internal lp pool, no house, no netting. when you lose, the platform earns zero.
pool counterparty vs market counterparty
with jupiter, your winnings come from jlp. with uponly, your winnings come from the avantis market. neither model is universally better, but they create very different incentives. lp pools have to be solvent when whales win, which shapes oi caps and listings. uponly inherits the avantis order surface and focuses on ux and creator monetization.
fees
jupiter perps charges entry and exit fees plus a borrow rate while a position is open. that is standard for lp-pool products. fees apply whether your trade wins or loses.
uponly inverts the structure:
- zero open fee.
- zero fee on losing trades. when you lose, the platform earns nothing from you.
- a small variable fee on net winnings only.
- no membership, no tier farming.
leverage
jupiter perps offers a higher leverage cap than many pool products. risk is managed by the pool, oi caps, and dynamic borrow rates.
uponly defaults to 75x to 500x. it is the arcade product personality. higher leverage with smaller collateral is the whole pitch — and the worst case is the collateral you posted. see max leverage trading 101 for how to think about size.
user experience
jupiter perps lives inside the broader jupiter app, a solana defi terminal. you can chart, set tp/sl, manage size, and integrate with the rest of the jupiter swap and dca tooling. it addresses an active-trader workflow.
uponly has one screen, one button:
- fund the in-app wallet on base.
- pick a collateral size.
- pick leverage (75x to 500x).
- tap rip. a random pair opens on a random side.
- close when you want.
no asset selection, no tp/sl puzzle, no chart watching. ux is designed to remove the friction between impulse and execution. if you want optionality, this is the wrong product.
side-by-side at a glance
- counterparty model: jupiter uses jlp pool counterparty. uponly routes to avantis markets on base.
- fee model: jupiter charges open, close, and borrow on every trade. uponly only charges on net winnings.
- max leverage: jupiter uses a lower cap than uponly. uponly 75x to 500x.
- chain: jupiter perps is on solana. uponly is on base.
- ux: jupiter is a full defi terminal. uponly is a one-tap arcade.
- creator program: jupiter has standard referrals. uponly pays 50 percent of fees from referred traders, forever — see the uponly affiliate program.
- shipping cadence: jupiter ships major product updates regularly. uponly ships a new game every week.
best for
jupiter perps targets users who live on solana, want integration with the rest of the jupiter ecosystem, and prefer the pool model. it addresses the multi-product solana workflow.
uponly is best if you want one-tap rips with no house, no fees on losses, and 500x available. it is also the right pick if you are a creator monetizing a crypto-adjacent audience — the 50 percent permanent revenue share is unusual in this category.
solana vs base context
this is also a chain bet. solana is fast, cheap, and culturally home for many traders. base is also fast and cheap, and culturally home to onchain creators and the broader coinbase ecosystem. uponly is built on base because the consumer-grade infra and the creator audience overlap there.
why uponly is built different (and a CTA)
we shipped the first version of uponly in a single overnight session. we ship a new arcade game every week. uponly is the arcade for meme pages, built by creators, for creators. if you want the no-house, no-fees-on-losses, one-tap version of a perp dex, try uponly. perps are high-risk entertainment whichever chain you pick — size to lose without crying.