Bitget Wallet Expands Earn Section With Jupiter Lend Integration, Offering Up To 8% APY On Stablecoins
Non-custodial cryptocurrency pockets, Bitget Wallet introduced its integration with Jupiter Lend, a decentralized lending protocol on Solana, to reinforce its Earn part by providing new stablecoin yield alternatives. This collaboration permits Bitget Wallet customers to entry yields from USDT and USDC, pushed by Jupiter’s lending markets, and bolsters the pockets’s multi-chain wealth administration capabilities.
Since its launch in August, Jupiter Lend has rapidly gained traction throughout the Solana ecosystem, attaining over $500 million in complete worth locked (TVL) on its first day and surpassing $1 billion inside simply eight days—setting a file for the Solana protocol. The protocol options loan-to-value ratios starting from 90–95%, that are increased than the standard 75–80% seen within the business, and contains an automatic liquidation mechanism designed to safeguard each lenders and debtors. As a part of its integration with Bitget Wallet, Jupiter Lend affords stablecoin yields of as much as 8% APY, with immediate accrual, versatile redemptions, and no lock-up durations.
Jupiter Lend is the most recent addition to a rising number of distinguished protocols featured in Bitget Wallet’s Earn part, which aggregates stablecoin yield methods throughout a number of blockchains, together with Ethereum, Solana, and Base. By incorporating lending, staking, and vault-based merchandise, the pockets goals to offer safe and clear stablecoin incomes choices that serve numerous person wants.
“Adding Jupiter Lend to our Earn part expands the stablecoin alternatives obtainable to our 80 million customers,” mentioned Jamie Elkaleh, CMO of Bitget Wallet, in a written assertion. “This integration displays our broader technique of working with main DeFi protocols to make on-chain wealth administration easy, accessible, and safe,” he added.
“Partnering with Bitget Wallet permits us to carry Solana-based lending yields to a worldwide viewers,” mentioned Ben Liew, Head of Partnerships at Jupiter Lend, in a written assertion. “Together, we’re making it simpler for customers to earn passive yield on their stablecoins by lending whereas benefiting from the effectivity and protections of Jupiter’s protocol,” he added.
Bitget Wallet: Secure, Multi-Chain Crypto Wallet With Over 80M Users, $300M Protection Fund, And Comprehensive DeFi Services
Bitget Wallet is a non-custodial cryptocurrency pockets geared toward offering a easy and safe expertise for customers. With a person base exceeding 80 million, the pockets affords a complete vary of crypto providers, together with swaps, market insights, staking, rewards, decentralized utility (dApp) exploration, and cost options. It helps over 130 blockchains and thousands and thousands of tokens, permitting for seamless multi-chain buying and selling throughout numerous decentralized exchanges (DEXs) and cross-chain bridges. With a person safety fund exceeding $300 million, Bitget Wallet prioritizes the best ranges of safety for person property.
Recently, Bitget Wallet achieved full native integration with the newly launched Plasma mainnet, positioning itself as one of many community’s official launch companions. Plasma is a high-performance Layer 1 blockchain designed particularly to help world stablecoin transactions and decentralized finance (DeFi) functions.
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