
📊 @jupiterexchange is taking over solana's lending market. according to @blockworks data, jupiter lend now leads @kamino across 5 key metrics. the numbers are pretty interesting: - total deposits: $2.78b vs $2.17b - outstanding loans: $1.12b vs $855m - utilization: 40.34% vs 39.31% - stablecoin deposits: $1.33b vs $652m - stablecoin loans: $907m vs $532m jupiter's dominance in stablecoin lending is insane, with over 2x kamino's deposits and 70% more outstanding loans. jupiter now commands 53% of the tracked lending deposit market, compared to kamino's 41%. from dex aggregation to lending, jupiter's defi expansion is gaining serious traction on solana.
