Jupiter will launch the lending protocol Jupiter Lend on Solana

According to reports from HashChain, at the Solana Accelerate conference, Jupiter announced that it will launch the lending protocol Jupiter Lend on Solana. This time, Jupiter Lend collaborates with the Ethereum liquidity protocol Fluid, and the protocol mainly offers a 90% loan-to-value ratio (LTV) and a dynamic risk isolation mechanism, both significantly higher than the industry standard of 75%. Jupiter expects to launch the protocol this summer, and a waitlist is currently open. The company plans to first introduce deposit and vault protocols and encourages developers to build extended functionalities on its platform.