CoinDesk·4 min read·medium
Solana lending giant Jupiter now lets the same dollar earn twice
S
Shaurya Malwa
✦AI Summary
Jupiter Lend has introduced 'Smart Collateral' and 'Smart Debt' features, allowing users to simultaneously earn lending interest and liquidity provider trading fees on correlated assets. By pairing assets like stablecoins or SOL and JupSOL, the protocol aims to increase capital efficiency and attract more activity to its lending platform.
Jupiter Lend holds about $1.9 billion in deposits, according to DefiLlama data, and generated $1.6 million in fees over the past 30 days, or roughly 1% a year on the capital sitting there before any split with the protocol.
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