Jupiter Lend v2 Links Lending Returns to Trading Fees

Jupiter rolled out Lend V2 on Monday, a redesign of its Solana lending product that lets a single deposit earn interest as a loan and a cut of trading fees at the same time.

Jupiter Lend currently holds about $1.9Bn in deposits and generated $1.6 million in fees over the past 30 days, roughly 1% annualized on the capital before any split with the protocol, according to DefiLlama data cited in the announcement.

Active loans on the platform stand at $822.7M, a figure that has swung between $600M and $900M since September. Both deposits and loans have slipped over the past month, which is the backdrop Jupiter is trying to reverse with this upgrade.

Market Cap 24h 7d 30d 1y All Time DISCOVER: The Next 1000x Crypto Gem Before It Lists on Binance How Smart Collateral and Smart Debt Actually Work The new version introduces two optional features.