JOJO.Exchange
  • JOJO EXCHANGE
    • 🔍Overview
    • 🚀Roadmap
    • 📣Announcement
      • 🛠️JOJO Exchange Upgrade to v2
      • 🤖Unlock Exclusive Rewards and AI-Powered Trading – The Future of DeFAI Awaits!
      • 🤝Transforming DeFi With Chainlink and Lido
      • 🪂JOJO's Airdrop Season 2!
      • 🎰Introducing Our New Mini-Game: Slot Machine!
      • 🪂Airdrop Season 1 claiming portal is ON!
      • 🤖JOJO is Integrating Chainlink Data Streams to Power Its Silicon-Based AI Exchange
      • 💡Upgrades to Chainlink Data Streams
      • 🪂JOJO's Airdrop Season 1!
      • 🍭You can now claim the reward for the 7-Day check-in Challenge!
      • ❗Notification of Environment Removal
      • 🪂JOJO's Airdrop Season 0!
      • 🪙New listing: WIF/USDC, ENA/USDC, CKB/USDC, BOME/USDC, W/USDC, ETHFI/USDC, ONDO/USDC, and DOGE/USDC
      • 🔖Fee Discount Notice
  • v2 product guides
    • 🧐Tutorials
      • How to Connect Wallet & login?
      • 💰Deposit & Withdraw
      • 📈How to trade Perpetual?
      • 📈How to Close a Position?
      • 📈What is a Limit Order, and how to place it?
      • 📈How to Place a TP/SL Order ?
      • 🕹️How to trade 1000X ?
    • 🤷FAQs
      • ❔How much leverage will be available on JOJO?
      • ❔Is there a deposit fee or withdraw fee on JOJO?
      • ❔What Happens When a Market Is Delisted
      • 📖How to Set Email
      • 📖What is PnL and How to Calculate It?
      • How to bridge assets to Base
      • 📖How to Swap USDC ?
  • 💵Fees
  • ⚖️Funding Rate
  • 💸Liquidation
  • 🔑API Keys
  • v1 Product guides
    • 🧐Tutorials
      • How to Connect Wallet & login?
      • 💰Deposit ,Transfer & Withdraw
      • 📈How to trade Perpetual?
      • 📈How to Close a Position?
      • 📈What is a Limit Order, and how to place it?
      • 📈How to Place a TP/SL Order ?
      • 👤How to use Sub Account?
      • 📈One-click Trade
      • 🕹️How to trade 1000X ?
      • 💰How to get JOJO airdrops?
      • 💰How to stake JOJO and get veJOJO?
    • 🤷FAQs
      • ❔Will there be more trading pairs in the future?
      • ❔What collateral does JOJO accept?
      • ❔How much leverage will be available on JOJO?
      • ❔What is One-click Trade and How does It Work?
      • ❔Is there a deposit fee or withdraw fee on JOJO?
      • ❔Why Trading on JOJO is Safe?
      • ❔Why do I keep receiving risk warning emails from JOJO?
      • ❔What Happens When a Market Is Delisted
      • 📖How to Set Email Notifications
      • 📖What is PnL and How to Calculate It?
      • How to bridge assets to Base
      • 📖How to Swap USDC ?
    • 🤖Ai Revolution
    • 📖Glossory
    • ✨Trading Pairs
    • 💵Fees
    • 🤑Prices
    • ⚖️Funding Rate
    • 💸Liquidation
    • 🤖Grid Bot
    • 🤩1000X Trading
    • 📪Sub Account
    • 🧑Referral Program
    • 🔰Multi-collateral system
      • Leverage your earning with mUSDC!
    • 🧲Flexible Earn
    • 🔐JOJO airdrops and staking
  • Smart Contract
    • 🎯Contract Addresses
    • 🕵️Bug Bounty & Audit
  • JOJO TOKEN
    • 📊Allocation
    • 🔒Token Economy
  • Arbitrum Alpha Test
    • 🤝Sunset Plan
    • 🎯Contract Addresses
    • ⚗️STIP
    • 🎙️Announcement
      • 🪙JOJO has listed WLD/USDC, AGIX/USDC, AR/USDC, STRK/USDC and 13 new trading pairs!
      • 🧰Notice of Legacy Network Decommissioning
      • 🧰Smart Contract Upgrade Announcement
      • 🔧Maintenance Notice
      • 🔮BIG UPDATE of JOJO's Bizarre Adventure: all points earned x 100!
      • 🪙JOJO has listed MEME/USDC!
      • 🔮JOJO's Bizarre Adventure Event is now alive!
      • 💰New collaterals: ARB!
      • 💰New collaterals: wstETH and GMX!
      • 🪙JOJO has been listed ARB/USDC, SOL/USDC, and LINK/USDC!
      • 🔖Notification of Environment Removal
  • LEGAL
    • Risk Reminder
    • Terms of Use
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On this page
  • What JOJO's Subaccounts could Do?
  • Who Needs Subaccounts?
  • What is An Operator?
  1. v1 Product guides

Sub Account

Users on JOJO can create multiple wallets to achieve sub-account functionality, but managing private keys for different accounts can be cumbersome. To address this issue, we have designed a special contract to act as a trading account, where the user's wallet address is the contract's owner. This design prevents users from changing their wallet address and provides an easy way for other protocols to build on JOJO.

Subaccounts allow users to separate their positions into different groups, such as by strategy or risk level. This can help users to better track the performance of their positions and make more informed investment decisions.

Additionally, sub accounts can be useful for users who want to allow someone else to manage a specific portion of their portfolio.

What JOJO's Subaccounts could Do?

  • Risk isolation: perfect control of the risk exposure of each trading account.

  • Stable profits: Try different trading strategy combinations and trading asset ratios. Switch cross-margin or isolated-margin freely. Find your own holy grail of investment.

  • Don‘t trust the service. Verify: Use asset custodian services confidently, view your PnL in real-time, and revoke sub-account authorization anytime, anywhere.

  • Customization: Sub-account permissions support team customization, making it easy for teams to manage internal account migrations and support trading volume integration to enjoy team fee discounts.

Who Needs Subaccounts?

  • Traders need to run multiple trading strategies simultaneously.

  • Traders need to trade multiple symbols at the same time.

  • Users who need to use asset custodian services.

  • Trading teams and agencies that provide asset custodian services.

What is An Operator?

  1. If you don't set an operator, your account won't have any operator. You need to register your main account as an operator yourself. If you choose to authorize other traders to manage your sub-accounts, they can use the assets in your sub-account to trade on your behalf and settle with other users on the chain. The profits from the trading and settlement belong to you.

  2. JOJO provides TP/SL functions that differ from those of centralized exchanges. JOJO is very cautious about your fund management permissions (Yes, TP/SL is also a form of fund management). By enabling the global operator, JOJO can execute TP/SL orders for you at specific prices and agree to close your positions at specific prices. You can enjoy the convenience of TPSL orders.

  3. You should know that whether you authorize others to manage your trades or authorize JOJO's TP/SL function, no one or group has the right to transfer or withdraw your funds. You have all the permissions of the account you created, and if you want to revoke other traders' usage rights, you only need to cancel the authorization.

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Last updated 8 months ago

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👤How to use Sub Account?