As reported by BitcoinSistemi, tensions escalated in the Solana ecosystem as Jupiter Exchange and Kamino, two lending protocols, clashed over the design of Jupiter Lend's vaults. Kash Dhanda, COO of Jupiter, admitted that claims of 'zero risk of contagion' were inaccurate, while Kamino co-founder Marius Ciubotariu criticized the use of rehypothecation, which allows collateral to be reused across the protocol. Solana Foundation President Lily Liu urged both sides to stop targeting each other and focus on expanding the market.
Solana Ecosystem in Turmoil as Jupiter and Kamino Clash Over Lending Design
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