Jupiter Lend Concludes Beta Testing Phase

Jupiter announced on February 13 that Jupiter Lend has officially concluded its beta testing phase after six months of development and testing. According to BlockBeats, the platform now boasts 83,000 users and has undergone seven audits and one formal verification without any bad debts. Jupiter has launched a $107,000 audit competition for Jupiter Lend. Jupiter describes Jupiter Lend as the most advanced money market on Solana, built on Fluid. The platform encompasses over 40 vaults and has received rewards valued at over $2 million from Jup, Fluid, and partners.