Jupiter Launches Lend Beta to Boost Solana DeFi Ecosystem
– Jupiter, a Solana-based DEX, launched a private beta for its Jupiter Lend protocol, advancing Solana’s DeFi ecosystem with decentralized lending.
– The platform enables asset borrowing/lending via smart contracts, enhancing capital efficiency and liquidity management on Solana’s low-cost blockchain.
– Restricted to waitlisted users initially, the beta aims to refine protocol stability before a public launch later this month, leveraging Solana’s high throughput.
– Jupiter’s expansion into lending strengthens Solana’s financial infrastructure, with future plans for expanded assets and integrations to boost DeFi accessibility.
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