Jupiter, a prominent decentralized exchange (DEX) aggregator on the Solana blockchain, has been making significant strides in 2025, particularly with the announcement of its new lending platform, Jupiter Lend.
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Token Distribution & Supply
Total Supply: 10 billion JUP tokens. (proposed reduction to 8 billion by 2026)
Circulating Supply: Approximately 2.9 billion $JUP as of May 2025
Distribution:
Strategic Reserves: 5.5% (500 million JUP).
Community: 35% (3.5 billion JUP)
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On May 23 2025, at the Solana Accelerate conference, Jupiter unveiled plans for Jupiter Lend, a decentralized lending platform developed in collaboration with Fluid, a DeFi infrastructure provider. This platform aims to offer:
High Loan-to-Value (LTV) Ratios: Up to 90%, surpassing the typical 75% offered by many crypto lending platforms.
Competitive Fees: Starting as low as 0.1%, making borrowing more accessible and cost-effective.
Dual Protocol Structure:
– Lending Protocol: Facilitates one-click deposits for easy liquidity access
– Vault Protocol: Offers loans at competitive rates with flexible terms
The platform is designed to be fully composable, allowing other developers and projects to integrate and build upon it.
The price of $JUP, the native token of Jupiter, surged by up to 10% in one day following the announcement of Jupiter Lend, a new lending protocol developed in collaboration with Fluid.
This initiative represents Jupiter’s strategic expansion beyond its core decentralized exchange (DEX) aggregation services into the decentralized lending sector. The introduction of Jupiter Lend is seen as a significant move to diversify Jupiter’s offerings and capitalize on the growing demand for decentralized financial services.
The market responded positively to this development, with $JUP’s price experiencing a notable increase. This uptick reflects investor confidence in Jupiter’s direction and the potential of its new lending platform to enhance the ecosystem’s value.
As Jupiter continues to evolve, the launch of Jupiter Lend is anticipated to play a crucial role in its growth trajectory, potentially attracting more users and liquidity to the platform.
Currently, lending platforms account for ~$55 billion of DeFi’s $118 billion total TVL. This figure marks a 28% jump in the past month, according to DeFiLlama.
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