Jupiter launches native staking as collateral, unlocking $30B in staked SOL for DeFi
Crypto Briefing
Jupiter Lend now allows users to borrow up to 87% against natively staked SOL without using liquid staking tokens.Summary
Jupiter Exchange has introduced Native Staking as Collateral on Jupiter Lend, enabling users to use their directly staked SOL as collateral for borrowing without converting to liquid staking derivatives like jitoSOL. This feature unlocks over $30 billion in natively staked SOL for decentralized finance (DeFi). Users can borrow up to 87% of their staked position's value, while staking rewards continue to compound. The system represents supported staked positions as on-chain nsTOKEN vaults, supporting six validators at launch, ensuring the process remains fully on-chain and non-custodial.
(Source：Crypto Briefing)