Jupiter Dex added another service to his suite and turned into one of the complete Defi -Hubs on Solana. Jupiter announced the establishment of his first credit service, with 40 vaults and $ 2 million in incentives.
Jupiter adds a different service to the suite and launches a native credit solution. Jupiter Lend announced his public beta launch, with 40 active safes and $ 2 million in incentives. The credit protocol was established in collaboration with Fluid Defi. Jupiter Lend announced his launch in August and released a controlled public beta only a few weeks later.
Jupiter Lend Public Beta is live 🥳
The most advanced money market on Solana has arrived, built with @0xfluid
After weeks of tests, audits and feedback, we launch with 40+ vaults and $ 2 million+ in incentives from Jup, liquid and partners.
This is what you need to know 🧵 pic.twitter.com/u3HFGYIZCC
– Jupiter (🐱, 🐐) (@Jupiterexchange) 27 August 2025
Until recently, Jupiter was usually a hub for dex activity, routing and trade. In recent months, Solana has accelerated its credit activity, usually driven by Kamino Lend. Now Jupiter wants to take part of the growing liquidity and the demand for colland loans.
Jupiter wants to compete with a new liquidation engine and offers a lower risk and costs for retaining positions. The new credit safe uses the liquid loan technology, which makes multiple credit loops possible without fear of liquidation.
Jupiter to stimulate BTC loans based on Solana
The new credit protocol starts with a selection of Stablecoins, including USDC, USDT, EURC, USDG, USDS and SyrupusDC. Both borrowers and lenders will have special incentives to stimulate the activity.
In addition, the safes of Jupiter Solana versions of packed BTC accept, including CBBTC by Coinbase, XBTC and the oldest assets, WBTC. Solana will be one of the important BTC-based credit platforms, with more than $ 300 million BTC liquidity on Kamino.
Jupiter also uses liquid expansion token Jupsol and Jitosol, in addition to the native jlp. New assets are added weekly, after feedback from the community. The indigenous Jup -token is also available from the first day as collateral and USDC borrow against it.
Jup gets a boost from launch
Jup collected by more than 6% in the past day and rose to $ 0.49. Toking can take advantage of the stimulus for loan loops as traders decide to buy back with borrowed funds. Jup remains put under pressure by his current token -evasions, such as recently reported by cryptopolitan.
Jup recovered almost $ 0.50, because it became one of the first colland. | Source: Coingecko
The new credit location will benefit from the Stablecoin Bootstrap Fund Fund, which increases the initial liquidity.
Jupiter Lend is launched with $ 16 million in the initial liquidity, deposited in the pre-launch phase in August. To compare, Kamino Lend recently broke more than $ 3 billion in liquidity, while Maple Finance broke over $ 2 billion.
Jupiter has the advantage of a native app with access to multiple services. The routing service and aggregator are still among the top 3 Solana apps based on daily costs. The demand for Solana Defi Rose while the platform is now overflowing $ 11.3b Locked in total value, with more than $ 12 billion in circulating stablecoins.
Jupiter locks more than $ 2 billion in liquidity on decentralized couples. Moreover, the protocol has been reached $ 2.66 million In daily costs, with an increase in recent weeks. The services of Jupiter follow Solana’s general Defi repair and intake of stablecoins. The app benefits from the meme trend by Dex routing, general transfers and swaps. Lending and Defi now want to replace Meme -Tokens as the leading user activity on Solana.
