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Spot is a Jupiter-routed swap. Use it to rotate wallet inventory, or to move margin-vault balances without opening a perp.
Spot swap card routing SOL to USDC via Jupiter

Jupiter swap card. Wallet SOL to USDC. History lists recent fills. Click the image to zoom.

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Steps

  1. Open Swap.
  2. Pick pay / receive assets.
  3. Choose Wallet or Margin as the source of funds when the UI offers it.
  4. Review price impact, quote, slippage (default 1%), and minimum received.
  5. Confirm. Wait for the history row.
Margin-balance swaps call user_margin_swap: the program signs the vault, Jupiter executes, and a health check runs on the new balances. Wallet swaps never touch the PDA. PreStocks (ANTHROPIC, OPENAI) carry a real Token-2022 transfer fee (~1%) that is included in sizing. xStocks (TSLAx, GOOGLx, AAPLx) are Token-2022 but have no transfer fee. A quote that looks “short” versus the headline price on a PreStock leg is often the fee, not a bug.