Jupiter introduces Refinance feature for seamless migration of borrowing and lending positions
Key Takeaways
- Jupiter launches the Refinance feature for seamless migration of lending and borrowing positions from other DeFi protocols.
- Users can migrate active positions without slippage and keep custody of their funds throughout the process.
Jupiter, a decentralized finance platform on Solana, today launched its Refinance feature that allows users to seamlessly transfer their borrowing and lending positions from other protocols directly to Jupiter with improved terms.
The new feature enables users to migrate active positions without slippage while offering better rates and higher loan-to-value ratios. All transactions are executed within users’ wallets, maintaining custody of funds throughout the process.
Jupiter Lend’s Refinance currently supports multiple token pairs including JLP/USDC, SOL/USDC, JupSOL/SOL, JitoSOL/SOL, mSOL/SOL, INF/SOL, and syrupUSDC/USDC. The platform plans to expand support for additional pairs and protocols. The feature operates without introducing additional protocol fees during the migration process.
