The Jupiter platform, specialized in aggregating decentralized trades on the Solana network, announced its plans to launch a new decentralized lending platform, "Jupiter Lend," in the summer of 2025, in a move aimed at expanding its services within the decentralized finance (DeFi) ecosystem.

Jupiter Lend will offer a loan-to-value (LTV) ratio of up to 90%, which is higher than the average commonly seen in the market, typically around 75%. The platform will also feature low usage fees that could be as low as 0.1%.

Jupiter Lend is being developed in partnership with Fluid, a leading liquidity infrastructure provider, which will supply the underlying liquidity layer for the platform. Jupiter Lend is set to launch with two main protocols: a lending protocol that allows for instant deposits, and a vault protocol that offers loans at competitive interest rates.

Jupiter aims to make its platform fully integrable, allowing other developers to build upon it and expand its use. The platform has already begun accepting early registration requests, while the official launch date has yet to be determined.

In the market, the value of the platform's digital currency, JUP, rose by 14% within 24 hours of the project's announcement, reaching $0.60. This spike represents a breakthrough of a local resistance level and indicates a shift in price direction, which has recovered by 100% from its lowest recorded levels in April, at $0.30.