Jupiter Lend, a lending protocol, will be launched in phases, with private beta starting today.

Solana's decentralized exchange (DEX) Jupiter announced on the X platform that its lending protocol, Jupiter Lend, will be launched in phases, starting with a private beta launch today for those on a waitlist. The official public launch later in August will offer loan-to-value (LTV) ratios of up to 95%, near-zero liquidation penalties, multiply vaults, and a generous annualized yield (APY).