> ## Documentation Index
> Fetch the complete documentation index at: https://developers.jup.ag/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Flashloans

> Borrow assets with no collateral and no fees using Jupiter Lend Flashloans.

Jupiter Lend offers Flashloans with **no fees**, enabling developers to borrow liquidity from the protocol without requiring upfront collateral. Return the borrowed amount within the exact same transaction.

Flashloans are a powerful DeFi tool. **Borrow the asset you need directly**. Use cases include:

* **Arbitrage**: Capture pricing discrepancies between markets by borrowing assets for trades that profit from short-lived opportunities.
* **[Liquidations](https://developers.jup.ag/docs/lend/borrow/liquidation.md)**: Repay debt for undercollateralised positions by flashloaning the debt asset, repaying, and claiming the liquidation bonus.
* **Collateral Swapping**: Swap the underlying collateral of a loan without needing extra capital.

## How it works

1. **Borrow**: Request the asset you need from Jupiter Lend (e.g. USDC to repay debt, SOL to add collateral).
2. **Execute**: Use the borrowed funds in your custom instructions.
3. **Payback**: Return the same borrowed amount to Jupiter Lend (no fees).

Because Solana processes transactions atomically, if the payback fails the entire transaction reverts. This keeps the protocol risk-free for liquidity providers.

## Next steps

> [card] [Execute a Flashloan](https://developers.jup.ag/docs/lend/flashloan/execute.md)
>
> Build and send a flashloan transaction using the SDK.

> [card] [Multiply (Leverage)](https://developers.jup.ag/docs/lend/advanced/multiply.md)
>
> Combine flashloans with vault operations and swaps to build leveraged positions.


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