According to Jinse Finance, the Solana community has recently raised concerns about the risk disclosures of Jupiter Lend. Samyak Jain, co-founder of Fluid, admitted that Jupiter Lend’s vaults engage in rehypothecation to improve capital efficiency and are “not fully isolated.” Marius, co-founder of Kamino, recently announced the blocking of Jupiter Lend’s migration tool, citing that users were misled about the protocol’s design and risks. The controversy centers on Jupiter Lend’s claim of having isolated vaults, while in reality, rehypothecation is used to enhance capital efficiency, meaning the vaults are not fully isolated.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Endgame of "Coin Hoarding Company": Liquidation or Self-Rescue?
Author: Prathik Desai
Translated and organized by: BitpushNews
Just over a year ago, for many companies seeking to boost their stock prices, becoming a cryptocurrency reserve company (DAT) seemed like an easy decision.
Some Microsoft shareholders convened meetings to ask the board to evaluate the benefits of including some Bitcoin on the balance sheet. They even mentioned Strategy, which is the largest publicly listed Bitcoin DAT.
At that time, a financial flywheel was in place, attracting everyone to follow.
Buying large amounts of Bitcoin, Ethereum, Solana (SOL). Watching the stock price exceed the value of these assets. Issuing more shares at a premium. Using that money to buy more cryptocurrencies. Cycle repeats. This financial flywheel supporting publicly listed stocks seemed almost perfect, enough to tempt investors. They paid over two dollars just to indirectly acquire Bitcoin worth only one dollar.
区块客1h ago
Solana's price faces a bullish trap as 50% of holders divest
The price of Solana (SOL) has increased by 2.9% in the past 24 hours, breaking above the neckline of the inverse head and shoulders pattern on the 12-hour chart. This is a common signal indicating a trend reversal, offering a potential upside of over 50%. However, this breakout is occurring amid long-term holders taking profits.
TapChiBitcoin5h ago
Weekly Crypto ETF Breakdown: BlackRock Sells $303.5M While Solana Gets $13.9M in Inflows
The recent weekly breakdown of the crypto Exchange-Traded Funds (ETFs) in the middle of February by Arkham indicates that the institutional sentiment has changed significantly, and Bitcoin and Ethereum have suffered significant net outflows.
Although the larger market was experiencing selling
BlockChainReporter9h ago
XRP Ledger Surpasses Solana in RWA Tokenization as Soil Launches Yield Protocol
Soil launched a compliant RWA-backed yield protocol on XRP Ledger for RLUSD, attracting $1M in deposits within 72 hours.
RLUSD holders access on-chain Yield Vaults offering fixed returns from private credit, tokenized government debt, and market-neutral hedge funds.
ORQO Group, an
CryptoNewsFlash11h ago
