Jupiter introduces Refinance feature for seamless migration of borrowing and lending positions
Crypto Briefing
Jupiter launched a Refinance feature allowing users to migrate lending and borrowing positions from other protocols without slippage.Summary
Jupiter, a Solana-based DeFi platform, has launched its Refinance feature, designed to allow users to seamlessly transfer their active borrowing and lending positions from other DeFi protocols directly to Jupiter, often securing improved terms like better rates and higher loan-to-value ratios. A key benefit is that users maintain custody of their funds throughout the entire migration process, as all transactions occur within their wallets, and there are no additional protocol fees for the migration. Currently, the feature supports several token pairs, including JLP/USDC and various SOL-based pairs, with plans for future expansion to include more pairs and protocols.
(Source：Crypto Briefing)