Jupiter Launches Lend v2, Allowing the Same Funds to Earn Both Lending Interest and Swap Fee Shares
2026-08-10 14:32
Odaily News: Solana ecosystem lending protocol Jupiter launched Lend v2 on Monday, allowing deposit and borrowing positions to simultaneously serve as trading liquidity, enabling users to earn both lending interest and swap fee shares from the same funds.
The product introduces optional Smart Collateral and Smart Debt features, which automatically pair assets into correlated liquidity pools. When traders route swaps through these pools, deposit users can see higher yields, and borrowing costs can be offset accordingly.
In correlated pools, borrowers remain protected even if one stablecoin depegs; however, collateral providers will bear the loss of either asset. Jupiter has limited this design to stablecoin trading pairs, as well as pairs consisting of SOL and its staked versions, to contain correlation risks. (CoinDesk)
The product introduces optional Smart Collateral and Smart Debt features, which automatically pair assets into correlated liquidity pools. When traders route swaps through these pools, deposit users can see higher yields, and borrowing costs can be offset accordingly.
In correlated pools, borrowers remain protected even if one stablecoin depegs; however, collateral providers will bear the loss of either asset. Jupiter has limited this design to stablecoin trading pairs, as well as pairs consisting of SOL and its staked versions, to contain correlation risks. (CoinDesk)
