The Jupiter platform, which specializes in aggregating decentralized trades on the Solana network, has announced its plans to launch a new decentralized lending platform 'Jupiter Lend' during the summer of 2025, in a move aimed at expanding its services within the decentralized finance (DeFi) ecosystem.
According to the official announcement dated May 23, Jupiter Lend will offer a loan-to-value (LTV) ratio of up to 90%, which is higher than the common market average, 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 provider of liquidity infrastructure, which will supply the platform's core liquidity layer. Jupiter Lend is set to launch with two main protocols: a lending protocol that allows for instant deposits and a vault protocol that provides loans at competitive interest rates.
Jupiter aims to make its platform fully integrable, allowing other developers to build on it and expand its use. The platform has already begun accepting early registration requests, although the official launch date has not yet been determined.