Jupiter launched Lend v2 on Solana on August 10, introducing two opt-in features that let supplied and borrowed assets work as decentralized exchange liquidity while they sit in a lending position.<\/p>\n
As per a press release shared with CryptoPotato<\/em>, Jupiter said Lend v2 is the first lending protocol on Solana where borrowed assets can earn trading fees, and the upgrade adds Smart Collateral and Smart Debt, alongside Lifetime PnL, a record of what each position has earned or cost over its life.<\/p>\n With Smart Collateral, a user deposits a single supported asset, such as USDC, USDT, SOL, or JupSOL, and the protocol automatically composes it into a correlated liquidity pair. Eligible deposits can earn lending yield, trading fees, and, where applicable, native staking rewards from one position.<\/p>\n Smart Debt extends the model to borrowed assets by letting them also function as DEX liquidity. As traders swap through those pools, the trading fees a debt position generates offset borrowing costs, and the mechanics of borrowing and repaying stay the same.<\/p>\n \u201cThere\u2019s been a wall between the two primary ways people earn APY onchain, lending and LPing. Lend v2 brings down that wall by letting users opt-in to letting their liquidity work as both Lending and AMM liquidity at the same time,\u201d said Kash Dhanda, COO of Jupiter.<\/p>\n Both features are entirely optional. Users who prefer traditional lending can keep supplying and borrowing assets without exposure to the DEX.<\/p>\n Lifetime PnL gives users a complete record of what a position has earned or cost over its lifetime, across lending yield, borrowing costs, and trading fees.<\/p>\n Jupiter runs swaps, perpetuals, and lending on Solana and describes its mission as building the full financial ecosystem on-chain while maximizing capital efficiency across the network.<\/p>\n JupSOL, one of the assets eligible for Smart Collateral, is Jupiter\u2019s liquid staking token and held $396.0 million in total value locked on August 10, according<\/a> to DefiLlama. The firm\u2019s perpetual futures venue held a further $702.6 million on the same day.<\/p>\n The post Jupiter Launches Lend v2 on Solana, Letting Borrowed Assets Earn Trading Fees<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Jupiter launched Lend v2 on Solana on August 10, introducing two opt-in features that let supplied and borrowed assets work as decentralized exchange liquidity while they sit in a lending position. As per a press release shared with CryptoPotato, Jupiter said Lend v2 is the first lending protocol on Solana where borrowed assets can earn […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-211603","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211603"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=211603"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211603\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=211603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=211603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=211603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Collateral That Earns Three Ways<\/h2>\n
Lifetime PnL Tracks Every Position<\/h2>\n