The maximum allowable leverage on Jupiter Perps is 500x.
Positions are liquidated if the trader’s collateral, after accounting for fees, unrealized profits, and unrealized losses, falls below 0.2% of the position size.
Note: Reducing Position Size and Collateral
When reducing a position’s size, the collateral is also adjusted accordingly to maintain the same leverage. For example, if you’re holding a position with 10x leverage and reduce the size by 50%, the collateral is decreased by the same proportion to ensure that the leverage remains at 10x.