Jupiter Lend Gears Up for Public Beta Launch This Week - Here’s What You Need to Know
Jupiter Lend is throwing open its doors to the public this week—marking a pivotal moment for DeFi lending on Solana.
The Platform Push
Built by the team behind Jupiter Exchange, this lending protocol aims to leverage existing liquidity and user trust. No seed phrases needed—just connect your wallet and dive in.
Why It Matters
DeFi lending has been dominated by Ethereum-based protocols. Jupiter Lend's entry on Solana could shift that balance—offering faster transactions and lower fees. Because who enjoys paying $50 gas to borrow $100?
Beta Expectations
Early testers report smooth asset deposits and withdrawals. The interface stays true to Jupiter's clean design—no clutter, no confusion.
Risks Remain
Smart contract vulnerabilities always lurk. And let's be real—this is crypto. Even 'audited' code can have holes. Proceed with caution, not FOMO.
Final Take
Jupiter Lend could shake up DeFi lending—if it delivers on its promises. Another 'revolution' or just another yield farm? This week's beta will tell.
Fluid also has perhaps one of the most advanced liquidation engines in DeFi. Its borrowing vaults bucket positions into “ticks,” which liquidates positions partially as markets move, rather than in one fell swoop.
Again, Fluid’s tight integration allows liquidations to simply settle as ordinary swaps on its own DEX.
This combo drastically reduces slippage and penalties (~0.1%). And the end result is that it enables abnormally high loan-to-value (LTV) ratios of 90-95% on its lending product. For context, even highly liquid assets like WBTC/WETH have LTVs of 70-85% on Aave.
As a testament to Fluid’s success, its lending has $1.4 billion in active loans since its launch on Ethereum less than a year ago, per Blockworks Research data.
And you can see strong traction on its DEX product too.
Jupiter founder meow has a close relationship with the Fluid founders. You can read more about that here.
It’ll be interesting to see how well Jupiter can replicate Fluid’s success in the SVM world. Kamino has a stronghold on that market, but market leader positions in DeFi are fleeting. Definitely one of the major battles to watch on Solana.
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