On August 5th, the Jupiter platform announced on X that its lending protocol on Solana, Jupiter Lend, has begun private testing. This initial phase is available only to those who were already on the waiting list. The main objective of Jupiter Lend is to provide users with features such as: * Maximum LTV (Loan-to-Value) of 95%, * Low liquidation penalties, * Isolated risk, and * Wallet-to-wallet repayment functionality. For lenders, the protocol offers a one-click revenue optimization tool. Currently, the private test has a loan limit of US$ 1 million per vault and supports only six vaults and a few specific assets. The protocol has already undergone an audit, and three more are in progress to ensure security. The public test is expected to be launched at the end of August. In this phase, more assets, vaults, Multiply vaults, and incentives from over 10 partners will be added. #Solana
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