Jupiter Launches Jupiter Lend on Solana in Partnership with Fluid
Jupiter steps into the DeFi lending space with Fluid, offering up to 90% LTV and fees starting at just 0.1%.
Decentralized DEX aggregator Jupiter has announced the launch of its lending protocol, Jupiter Lend, during the Solana Accelerate conference. Built in collaboration with liquidity platform Fluid, the protocol is designed to offer high loan-to-value (LTV) ratios and minimal fees for Solana users.
Following the announcement, Jupiter’s native token (JUP) surged over 10% in 24 hours, crossing $0.60 at the time of writing. The official launch of Jupiter Lend is scheduled for summer 2025, with user registration for the waitlist now open.
About Jupiter and Fluid
The Jupiter project, launched in 2021 by a pseudonymous developer known as Meow, now processes around 95% of decentralized exchange volume on Solana. The move to expand its suite of financial tools aligns with growing ecosystem demand and positions the protocol to compete with top onchain lending platforms.
Related: $860M JUP Airdrop Gets Green Light from Jupiter DAO
Originally built as a liquidity layer for Ethereum, Fluid is now adapting its infrastructure for Solana, aiming to deliver faster transaction speeds and more efficient capital management. Its modular architecture also allows third-party developers to build on the platform.
Jupiter Lend: Core Features
The platform will debut with two integrated modules: a lending protocol for quick deposits and a vault protocol for loans at competitive rates.
According to the team, Jupiter Lend will support LTV ratios of up to 90%—significantly higher than the ~75% offered by most lending platforms. A proprietary smart contract-based liquidation mechanism automatically triggers collateral sales when LTV thresholds are breached, minimizing systemic risk.
Related: SEC Extends Review of Solana ETF Filings, Opens Public Comment
Fees are expected to be as low as 0.1%, allowing users to access larger loans with less collateral. Additionally, the team has announced plans to roll out additional lending products over time and to open the platform to third-party developers interested in building custom services on the platform.
The content on The Coinomist is for informational purposes only and should not be interpreted as financial advice. While we strive to provide accurate and up-to-date information, we do not guarantee the accuracy, completeness, or reliability of any content. Neither we accept liability for any errors or omissions in the information provided or for any financial losses incurred as a result of relying on this information. Actions based on this content are at your own risk. Always do your own research and consult a professional. See our Terms, Privacy Policy, and Disclaimers for more details.
Articles by this author
