Author: Isabella Taylor

JUP price rallies as Jupiter Lend public beta launches with $2M rewards

Blockchain

Jupiter releases Lend in public beta with $2M in incentives and over 40 vaults. The addition introduces higher borrowing limits and simplified earnings with reduced liquidity risks. Native JUP has turned bullish following the announcement. While most cryptocurrencies traded with unclear trajectories on Wednesday, Jupiter Exchange’s native token led the upside with a 6.99% uptick on its daily chart. The altcoin turned green after the DeFi ecosystem confirmed the Jupiter Lend public beta launch. Termed as “the most advanced money market on Solana,” the new functionality comes after weeks of development with Ethereum-based developer 0xFluid. The beta launched with more…

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