According to Foresight News, Jupiter announced on X that its lending protocol Jupiter Lend on Solana has started a private beta test, open to users who have joined the waitlist. Jupiter Lend aims to provide borrowers with up to 95% LTV, minimal liquidation penalties, risk isolation, and cross-wallet repayment features; for lenders, it offers one-click yield optimization.
During the current private testing phase, each vault has a borrowing limit of $1 million, supporting only 6 vaults and some assets, with 1 audit completed and 3 more audits in progress. The public test is expected to launch by the end of August, which will introduce more assets, vaults, Multiply vaults, and incentives from over 10 partners.
