The largest DEX on SOL, Jupiter, has just announced the launch of its latest lending protocol, Jupiter Lend. This lending protocol will be developed in collaboration with Fliud, a longstanding liquidity layer for ETH.

According to Jupiter DEV, Jupiter Lend will help users in the SOL ecosystem borrow more funds with less collateral and lower borrowing rates. (This is actually the iterative thinking behind almost all lending protocols.)

The project has a solid background, previous successful experience, and a good angle and timing for entry. Currently, the DeFi ecosystem on the SOL chain still has a significant gap compared to ETH.

This time, with Jupiter directly getting involved in creating a lending protocol, it is definitely worth early participation, and I personally feel there are expectations for an airdrop.

At present, the protocol has not been officially deployed, but you can register for an appointment at the following URL: jup.ag/lend. Since you don't have to spend real money, it makes sense to secure a spot in advance.

If Jupiter can really occupy the DeFi ecological niche of the SOL ecosystem, this would be a significant boon for Jupiter's platform token, JUP.