Jupiter Launches Lend Beta to Boost Solana DeFi Ecosystem

– Jupiter, a Solana-based DEX, launched a private beta for its Jupiter Lend protocol, advancing Solana’s DeFi ecosystem with decentralized lending.

– The platform enables asset borrowing/lending via smart contracts, enhancing capital efficiency and liquidity management on Solana’s low-cost blockchain.

– Restricted to waitlisted users initially, the beta aims to refine protocol stability before a public launch later this month, leveraging Solana’s high throughput.

– Jupiter’s expansion into lending strengthens Solana’s financial infrastructure, with future plans for expanded assets and integrations to boost DeFi accessibility.