Multiply on Jupiter Lend allows users to amplify their exposure to a specific asset by using automated on-chain leverage.
It enables you to borrow against your collateral and reinvest the borrowed funds into the same asset, all in a single, efficient transaction.
Unlike traditional leverage strategies that require multiple manual steps, Multiply automates everything while keeping positions easy to manage.
Why use Multiply?
Multiply is ideal for users who want to:
- Increase their exposure to assets such as SOL, mSOL, or JitoSOL,
- Boost their potential yield through automated looping,
- Actively manage market exposure and risk
- Optimize capital efficiency without leaving the Jup Lend interface.
Example:
You deposit 10 SOL and select 2× leverage.
Jup Lend borrows 10 SOL worth of USDC, swaps it for SOL, and redeposits, giving you 20 SOL exposure while keeping your total collateral and debt balanced.
Multiply positions remain isolated, meaning risks and rewards are contained within your vault.
You can also reduce or increase leverage at any time, or close partially to take profit or reduce exposure.
Managing your position
You can monitor your position’s health and APY directly in the Multiply dashboard.
- Positions are fully visible in the Multiply section of the app.
- You can increase or decrease leverage anytime through the interface.
- Partial closes are supported, allowing you to unwind only part of a leveraged position.