Key facts
- Jupiter has launched Lend v2 on Solana.
- Lend v2 allows users to earn lending interest and trading fees from the same capital.
- The feature aims to boost depositor yields and reduce borrowing costs.
- Solstice Finance has launched strcUSX on Solana.
- strcUSX offers exposure to Strategy's STRC preferred stock.
- The product provides exposure to dividend income and price risk of STRC preferred stock.
- strcUSX is split into senior and junior tranches.
- The senior tranche targets a 7% APY.
- The junior tranche targets over 20% APY.
Solana's decentralized finance (DeFi) landscape is expanding with new product offerings designed to increase user yields and provide innovative investment avenues. Jupiter, a prominent lending protocol on Solana, has launched its Lend v2 product. This new feature allows users to simultaneously earn lending interest and a portion of trading fees generated from the same capital they deposit. The dual-earning mechanism is intended to enhance returns for depositors while simultaneously lowering borrowing costs for those utilizing the platform.