• Written by: Kosta Gushterov
• Thu, 22 May 2025
•   Romania

This new lending protocol isn’t built alone. Jupiter has teamed up with Fluid, a DeFi innovator originally built on Ethereum. […]The post Jupiter Launches Lending Protocol on Solana With Fluid appeared first on Coindoo.

Jupiter Launches Lending Protocol on Solana With Fluid

This new lending protocol isnt built alone. Jupiter has teamed up with Fluid, a DeFi innovator originally built on Ethereum.

Fluid leads in DeFi solutions, said Kash Dhanda. Now theyre applying that edge on Solana.

Jupiter started in 2021 with a developer who goes by Meow. Since then, it has grown into a key player in Solanas DeFi ecosystem. Nearly 95% of all DEX aggregation on Solana runs through Jupiter.

New Lending Protocol Targets Power Users

The lending feature aims at high-efficiency traders and investors. Jupiter Lend offers aggressive loan-to-value ratiosup to 90%. Most platforms offer around 75%.

The system uses its own liquidation engine and dynamic risk controls. This setup isolates risk and boosts capital efficiency.

Youre no longer limited to just trading, Dhanda added. Borrowing and lending now fit right into the same flow.

JUP Token Gains As Expansion Announced

Following the announcement, JUP, Jupiters native token, surged over 12% to $0.58.

Earlier in 2024, Jupiter had already distributed 700 million JUP tokens, valued then at about $580 million. That followed a 2023 airdrop of nearly a billion tokens.

With this move, Jupiter positions itself beyond tradingaiming to anchor every major piece of the DeFi stack on Solana.

The post Jupiter Launches Lending Protocol on Solana With Fluid appeared first on Coindoo.