> ## Documentation Index
> Fetch the complete documentation index at: https://dev.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**: 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

<CardGroup cols={2}>
  <Card icon="bolt" href="/lend/flashloan/execute" title="Execute a Flashloan">
    Build and send a flashloan transaction using the SDK.
  </Card>

  <Card icon="layer-group" href="/lend/advanced/multiply" title="Multiply (Leverage)">
    Combine flashloans with vault operations and swaps to build leveraged positions.
  </Card>
</CardGroup>