Jupiter’s aggregator has processed over $1.3 trillion in cumulative volume, while its lending market has more than $1 billion in active loans. On November 10, it announced four new products, shifting its focus from matching trades to managing assets on users’ behalf.
Baskets lets users buy a basket of tokens with a single $SOL or USDC, with automatic rebalancing by market cap or fixed weights. Vaults offers stablecoin lending and RWA-backed strategies managed by independent curators. On November 11, a private beta will first open to more than 19,000 waitlisted users and eligible $JUP stakers.
Aggregators compete on routing and fees, advantages that are easy to catch up with. Directing traffic into vaults brings in revenue from user retention and assets under management. But with vaults managed by third-party curators, neither the returns nor the risks are in Jupiter’s hands. The actual returns from the private beta for those 19,000 users will determine whether this offering can keep them around.
#Jupiter #Solana #DeFi
Baskets lets users buy a basket of tokens with a single $SOL or USDC, with automatic rebalancing by market cap or fixed weights. Vaults offers stablecoin lending and RWA-backed strategies managed by independent curators. On November 11, a private beta will first open to more than 19,000 waitlisted users and eligible $JUP stakers.
Aggregators compete on routing and fees, advantages that are easy to catch up with. Directing traffic into vaults brings in revenue from user retention and assets under management. But with vaults managed by third-party curators, neither the returns nor the risks are in Jupiter’s hands. The actual returns from the private beta for those 19,000 users will determine whether this offering can keep them around.
#Jupiter #Solana #DeFi