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 goal of Jupiter Lend is to offer users 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 revenue optimization tool with just one click.
Currently, the private test has a loan limit of US$ 1 million per vault and supports only six vaults and some specific assets. The protocol has already undergone an audit, and three more are in progress to ensure security.
The public test is expected to launch at the end of August. In this phase, more assets, vaults, Multiply vaults, and incentives from over 10 partners will be added.
