How to Perp Trade SOL on Jupiter Mobile (Patreon)

Jacob is back with another killer video. I have done one on this topic before but it was on desktop. This is how to open a SOL perpetual position using Phantom and Jupiter on mobile (UI is slightly different on mobile, process is the same). Thanks Jacob!

• Set up Phantom Wallet

  • Download Phantom Wallet from App Store or Google Play Store

  • Create a wallet and transfer SOL to it

• Access Jupiter

  • Open Phantom app and go to the browser tab

  • Find Jupiter in trending sites or type "jup.ag" in the URL bar

• Connect Wallet

  • Ensure Phantom wallet is connected to Jupiter

  • If not, connect manually using the top-right option

• Navigate to Perpetuals

  • Click on "Perps" at the top of the Jupiter interface

• Configure Trade

  • Choose long or short position

  • Set the amount of SOL to trade

  • Select leverage (e.g., 3.3x as recommended)

  • Review position size, liquidation price, and fees

• Execute Trade

  • Click "Long SOL" or "Short SOL" button

  • Confirm the transaction

• Manage Position

  • Monitor your position in the Jupiter interface

  • Set take-profit and stop-loss orders if desired

  • Add collateral if needed to avoid liquidation

  • Close position partially or fully when ready

Important Considerations

• Understand the risks of leverage trading

• Be aware of liquidation prices and their implications

• Consider the impact of borrow rates on long-term positions

• Use lower leverage (e.g., 3.3x) to reduce liquidation risk

Remember to trade responsibly and only risk what you can afford to lose.