Jupiter to Release Lending Agreement on Solana Jupiter Lend

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