DeFi· ★★★· bullish·

Jupiter Lend Overtakes Kamino as Solana's Largest Lending Market

  • —Jupiter Lend TVL is $1.411 billion versus Kamino's $1.403 billion
  • —Active loans: Jupiter at $1.043 billion, Kamino at $1.007 billion
  • —Jupiter TVL rose 28.1% in 30 days, Kamino grew 5.7%
  • —Jupiter Lend's total market size passed $2.5 billion
Why it matters: The leadership change in Solana lending shows new yield mechanics are pulling capital away from incumbent protocols.
Source: DailyCoin