Jupiter announced the upcoming launch of its lending product "Jupiter Lend" in July

ChainCatcher news, Jupiter announced that it will launch its lending product "Jupiter Lend" in July, supported by Fluid, and is currently in the wallet registration phase.

The protocol features a 90% loan-to-value ratio (LTV) and a dynamic risk isolation mechanism, significantly higher than the industry average of 75%. The platform is expected to go live this summer, and a waitlist is currently open. Jupiter plans to first launch deposit agreements and vault agreements, and encourages developers to build extended functionalities based on its platform.