JustLend DAO has launched SBM V2, a new isolated-collateral lending protocol featuring a dual-layer architecture. This system includes Treasury and Markets layers, with the Treasury aggregating liquidity and each Market supporting independent lending while managing its own risk exposure. The adaptive curve interest rate model allows borrowing rates to adjust dynamically based on utilization rates, ensuring effective risk isolation and preventing cross-Market risk contagion. This upgrade enhances risk management and capital efficiency, bolstering security and flexibility in multi-asset lending scenarios.