Jupiter Lend Raises JLP/JupUSD Borrowing Limit to $40 Million

JUP11.29%

Gate News message, April 27 — Jupiter Lend has increased its JLP/JupUSD borrowing limit from $25 million to $40 million. Users can now borrow up to 85% LTV or perform recursive operations on JLP.

The protocol announced the adjustment via social media.

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

Aave Labs proposes for Arbitrum: unlock 30,765 ETH in compensation for victims

According to a proposal published by Aave Labs on April 25 on the Arbitrum governance forum, Aave Labs asks the Arbitrum decentralized autonomous organization (DAO) to unfreeze 30,765 ETH associated with the Kelp DAO attack and to transfer the above funds to the “DeFi United” Recovery Fund, to restore support for rsETH and compensate holders.

MarketWhisper50m ago

Western Union to Launch USDPT Stablecoin in May, Introduces Digital Asset Network and Stable Card

Gate News message, April 27 — Western Union announced during its first-quarter earnings call on April 24 that its Solana-based stablecoin, USDPT, is in final preparation stages and is expected to launch next month. CEO and President Devin McGranahan stated: "It is no longer a question of if Western

GateNews53m ago

Polymarket Announces April 28 Upgrade: Collateral Assets Migrated to pUSD, Trading Paused for About 1 Hour

According to an official announcement posted on X on April 27 by Polymarket developers, Polymarket will roll out a full platform infrastructure upgrade at 11:00 UTC on April 28, with trading paused for about 1 hour. This upgrade includes new generation trading contracts, a rebuilt order book, and the introduction of a new collateral token, pUSD. The platform’s existing collateral assets will be migrated from USDC.e to pUSD.

MarketWhisper1h ago

Polymarket Upgrades Platform on April 28, Migrating Collateral from USDC.e to pUSD

Gate News message, April 27 — Polymarket announced it will upgrade its platform on April 28, 2026, at approximately 19:00 UTC, with trading suspended for about one hour during the maintenance window. The upgrade includes a new-generation trading contract (CTF Exchange V2), a reconstructed order book

GateNews2h ago

Curve Proposes Market-Based Recovery Plan for $700K Bad Debt in CRV-long LlamaLend Market

Gate News message, April 27 — Curve team unveiled a governance proposal on April 27 to address approximately $700,000 in bad debt from the CRV-long LlamaLend market, which occurred on October 10, 2025. The proposed recovery mechanism leverages the optionality of CRV-long vault assets: vault value in

GateNews2h ago

Scallop’s abandoned V2 contract was exploited; after 150k SUI were stolen, it announced full reimbursement

Sui Network decentralized lending protocol Scallop posted an official announcement on the X platform on April 26 (Sunday), confirming that it was hit by a vulnerability attack. The attacker extracted approximately 150,000 SUI from an abandoned rewards contract associated with sSUI spool. According to the official statement, the core liquidity pool and users’ deposits were not affected. The protocol has restored deposits and withdrawals, confirming that the company will fully reimburse all losses with company funds.

MarketWhisper3h ago
Comment
0/400
No comments