The JUP Prize recovers because Jupiter Lend’s public beta phase starts with rewards of $ 2 million

• Jupiter publishes Lend in the public beta version with incentives of $ 2 million and over 40 safe.
• The addition leads to higher credit limits and simplified income for reduced liquidity risks.
• Native Jup has become optimistic after the announcement.

While most cryptocurrencies were traded on Wednesday with unclear developments, Jupiter Exchange’s native token led the upward movement with an increase of 6.99% on the daily chart.

The altcoin turned green after the defi ecosystem starts the start of the public beta phase of Jupiter Lend had confirmed.

The new functionality, which is called “the most advanced money market on Solana”, comes with the Ethereum-based developer 0xfluid after weeks of development.

The beta started with more than 40 safe and over $ 2 million of incentives.

After weeks of tests, audits and feedback, we start with 40+ safes and $ 2 million+ incentives from Jup, Fluid and partners.

Jupiter Lend Public Beta is live 🥳

The most advanced money market on Solana has arrived, built with @0xfluid

After weeks of testing, audits, and feedback, we’re launching with 40+ vaults and $2m+ in incentives from Jup, Fluid, and partners.

Here’s what you need to know 🧵 pic.twitter.com/U3HfGyizcc

— Jupiter (🐱, 🐐) (@JupiterExchange) August 27, 2025

Jupiter Lend aims to change the way in which users in the world of cryptocurrencies take out loans, lend and maximize returns.

The simplified participation will probably enrich the defi landscape of Jupiter.

The native token of the stock exchange extended its daily recovery after the announcement.

In his 24-hour time frame, he has increased by 6.99% to $ 0.4980.

Developed with proven know-how

The partnership was the first time that two renowned defi teams came together from various ecosystems to launch a blockchain protocol.

While Jupiter brought in his Solana-Native know-how, 0xfluid uses his 7-year experience in building Ethereum-based money markets to provide advanced liquidation and credit frastructure.

In addition to the advantages for the users, the introduction has attracted attention, since two teams from different ecosystems have come together for the first time to introduce a protocol that promises fairness for borrowers and simplicity for lenders.

Jupiter’s team emphasized:

For the first time, two top-class Defi teams are merged from two different ecosystems. Lend was built together with 0xfluid – a team that spent 7 years to perfect the money markets in Ethereum. We worked together for months to develop a Solana protocol that is easier for lenders and better for borrowers.

In the meantime, the Jupiter Lend platform has opened to the public after months of joint development.

Several users took part in stress tests, while offside Labs and Zeninth256 conducts.

The new benefit of jup as a collateral object

The new function has enriched Jup’s applications. The platform confirmed that users can store the native tokens as security.

This means that individuals borrow stable coins like USDC against their jup stocks and at the same time strengthen the growth of the ecosystem.

Such a step reflects the focus of the stock exchange to increase the benefits of community token as a central asset for the blockchain.

Jup course outlook

The native coin rose by almost 7% to $ 0.4980 in the last 24 hours.

Jup is still ready to continue his rally at short notice because the upward mood increases.

Buyers target a price level of over $ 0.54.

However, improved trade volumes are still of the utmost importance to support sustainable rally.

Crucial momentum shifts on the wider market are also crucial for the development of JUP in the upcoming meetings.