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  • 00:58
    Solana community questions risk disclosures of Jupiter Lend, Kamino suspends one-click migration tool
    Jinse Finance reported that the Solana community has recently raised concerns about the risk disclosure of Jupiter Lend. Fluid co-founder Samyak Jain admitted that Jupiter Lend's vaults engage in rehypothecation to improve capital efficiency and are "not fully isolated." Kamino co-founder Marius recently announced the blocking of Jupiter Lend's migration tool, citing that users were misled about the protocol's design and risks. The controversy centers on Jupiter Lend's claim of having "isolated vaults," while in reality, the use of rehypothecation technology to enhance capital efficiency means the vaults are not completely isolated.
  • 00:58
    Musk: The claim that SpaceX is raising funds at an $800 billion valuation is not accurate.
    Jinse Finance reported that Musk stated: There are many media reports claiming that SpaceX is raising funds at a valuation of $800 billions, but this is not accurate. (Golden Ten Data)
  • 00:55
    Jupiter executive admits that Jupiter Lend's "zero contagion risk" claim was misleading
    ChainCatcher reported that Jupiter Exchange COO Kash Dhanda recently responded to community concerns, stating that the team's previous claim on social media that Jupiter Lend vaults had "zero contagion risk" was inaccurate. Jupiter had previously promoted its lending vaults as having a "risk-isolated" structure and claimed that there would be "no cross-contamination between trading pairs, thereby eliminating any contagion risk." These statements have since been deleted. In a video posted on X, Dhanda confirmed that the vaults are indeed designed with isolation in mind, but also admitted that Jupiter Lend involves the rehypothecation of assets. Last week, Solana lending platform Kamino, concerned that the related risk model might mislead users, banned Jupiter Lend's migration tool, and its co-founder publicly criticized Jupiter's risk statements.
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