Jupiter Exchange has launched the public-beta version of Jupiter Lend, a money-market protocol built on the Solana blockchain in partnership with infrastructure developer 0xFluid. The platform opens with more than 40 lending vaults designed to auto-route deposits for the best available yield while offering borrowers higher loan-to-value ratios and improved liquidation mechanics. To attract users, Jupiter and its partners have earmarked over $2 million in incentives paid in the JUP token and other assets. Early interest appears strong: deposits reached about $44 million within the first hour of the beta going live, according to project data reviewed by Bloomberg. Jupiter Lend integrates real-time price feeds from Pyth Network and supports collateral such as Maple Finance’s syrupUSDC, with additional rewards available in the USDS stablecoin. The rollout positions Jupiter Exchange to challenge Solana’s leading money-market platform, Kamino Finance, in the race for total value locked on the network.