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Bitget Wallet integrates Jupiter Lend, launching a stablecoin wealth management channel on the Solana blockchain.
According to Deep Tide TechFlow news, on September 29th, Bitget Wallet's financial zone has now integrated the Solana ecosystem's Decentralization lending protocol Jupiter Lend, launching a new stablecoin yield channel that supports users in flexible deposits and stakes of stablecoins on the Solana on-chain.
Jupiter Lend is a lending protocol launched by Jupiter in August this year, which attracted over $500 million in liquidity on its first day and subsequently surpassed a total locked value of $1 billion. The protocol offers a collateralization rate of 90%–95% (higher than the industry standard of 75%–80%) and employs an automatic liquidation mechanism to enhance lending security. Through this partnership, Bitget Wallet users can participate in stablecoin stake without a lock-up period, earning an annualized yield of up to about 8%, with profits settled in real-time.
As one of the rapidly growing lending protocols in the Solana ecosystem, the integration of Jupiter Lend further enriches the product portfolio of Bitget Wallet across multiple blockchains such as Ethereum, Solana, and Base, helping users achieve more flexible asset allocation.