Jupiter Launches Lend v2, Allowing the Same Capital to Earn Both Lending Interest and Swap Fee Share
2026-08-10 14:32
Odaily Planet Daily 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 share from the same capital.
The product introduces optional Smart Collateral and Smart Debt features that 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 as a result.
In correlated pools, borrowers remain protected even if a stablecoin depegs; however, collateral providers will bear losses from either asset. Jupiter has limited this design to stablecoin trading pairs and pairs consisting of SOL and its staked versions to mitigate correlation risks. (CoinDesk)
The product introduces optional Smart Collateral and Smart Debt features that 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 as a result.
In correlated pools, borrowers remain protected even if a stablecoin depegs; however, collateral providers will bear losses from either asset. Jupiter has limited this design to stablecoin trading pairs and pairs consisting of SOL and its staked versions to mitigate correlation risks. (CoinDesk)
