Jupiter to Launch Lending Protocol Jupiter Lend on Solana

Jupiter announced the launch of the lending protocol Jupiter Lend at the Solana Accelerate conference, which will be developed in collaboration with the originally Ethereum-based liquidity protocol Fluid. The protocol features a 90% loan-to-value ratio (LTV) and a dynamic risk isolation mechanism, significantly higher than the industry average of 75%. The platform is expected to go live this summer, and the waitlist is now open. Jupiter plans to first launch the deposit protocol and insurance vault protocol, and encourages developers to build extended features based on its platform.