Jupiter plans to increase the contract opening limit by four times to allow users to open larger positions

Jupiter co-founder SIONG said in a post that the current limit of Jupiter's contract trading platform for SOL is $2.50 million, and the limit for BTC and ETH is $5 million, because under the current price influence mechanism, if the user's opening amount exceeds the limit, the price shock fee will be so high that it may directly lead to its position being liquidated.
We are deploying a new price impact mechanism to completely solve this problem. When the new mechanism goes live, the billing limit for SOL can be increased to $10 million, and for BTC and ETH, it can be increased to $20 million. If we exceed this limit, we will have to further reduce the price impact fee, which will also affect the profitability of JLP. At the same time, the risk will be higher, so it needs to be carefully considered, but raising the billing limit for SOL and BTC and ETH to $10 million and $20 million respectively would be a good start.