Jupiter partners with Bitwise to launch an institutional-grade USDe lending marketplace on Solana

CoinFeed reported on May 14th that, according to The Block, Solana ecosystem infrastructure provider Jupiter has commissioned Bitwise to create a segregated, dedicated lending market for USDe on Jupiter Lend. This marks the first time an institutional asset management firm has curated a market on Jupiter Lend. The market will be segregated from Jupiter Lend's existing liquidity layer to reduce risk for institutional capital. Jupiter is also leveraging the decentralized protocol Fluid to provide lending and collateral infrastructure support. Jonathan Man, Head of DeFi Strategy at Bitwise, stated that the design provides deep liquidity and risk mitigation capabilities.