There's no order book and no counterparty trader. A House bankroll takes the other side of every position. When you win, the House pays; when you lose, your collateral feeds the bankroll.
Up to 1000×. At 1000×, a move of ~0.1% against you wipes your collateral (your bust price). There are no margin calls — you're simply liquidated the instant the mark hits it. Mark price comes from the Pyth oracle, the same feed YOLO uses.
Positions are collateralized in JupUSD. On close, your remaining collateral returns to you. Profits are not always instant — they can sit in a payout queue that drains as the bankroll allows.
The profit may never fully pay out. Treat every trade as money you can afford to lose.
Opening swaps your SOL to JupUSD collateral (swap slippage applies) and there are open/close & borrow fees baked into your PnL, so your net result is a little below the raw price move.
On top of that, GO°REKT charges a flat 0.5% platform fee on both opening and closing, taken in SOL from your wallet at the moment the trade lands. Keep a little SOL spare for it (and for network gas).
It's emotional advice. GO°REKT is a high-risk degen toy. Nothing here is a recommendation. You are responsible for your own funds and your own choices.