Jupiter Exchange has reported a substantial increase in its active loan volume, reaching $563 million since its launch in August. The platform experienced a 23% growth in loan volume over the past week, underscoring its rapid expansion in the Solana-based money market.
Jupiter offers competitive Annual Percentage Rates (APRs) for lenders, with 8% APR on USDC and 10% APR on USDT, attracting users seeking stable yield opportunities. As a leading money market on the Solana blockchain, Jupiter is poised to play a significant role in the future of decentralized finance (DeFi).
Jupiter Exchange Loans Surge to $563M, Growing 23% in a Week
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