Jupiter has announced the launch of a new vault that enables users to borrow JupUSD against their holdings of syrupUSDC from Maple Finance. This integration offers competitive loan parameters, including loan-to-value (LTV) ratios up to 88% and a liquidation threshold of 90%, making it an attractive option for yield-seeking traders and liquidity providers.

The new vault allows holders of syrupUSDC—a yield-bearing stablecoin from Maple Finance—to collateralize their assets and borrow JupUSD, Jupiter's native reserve-backed stablecoin. This setup provides leverage opportunities while maintaining high collateral efficiency. With an LTV of 88%, users can borrow up to 88% of their collateral's value, and the 90% liquidation threshold offers a slight buffer against market volatility before positions are at risk of liquidation.

Jupiter Lend, a collaborative effort between Jupiter Exchange and 0xFluid, positions itself as a user-friendly money market on Solana, emphasizing better terms for borrowers and simplicity for lenders. The platform currently boasts a total supply of $1.81 billion, with $692 million borrowed across various vaults, including stablecoins like USDC, USDT, and now enhanced integrations with yield assets like syrupUSDC.