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Jupiter Lend USDC Withdrawal Liquidity Recovers to 29 Million After Dropping Near Zero

(3 hours ago) · 2 sources · Summarized by CryptoBipto

Jupiter Lend, a lending protocol on the Solana blockchain, saw its available USDC withdrawal liquidity rebound to 29 million USDC after it had previously fallen to near zero. The recovery suggests that liquidity conditions on the platform have stabilized after a period of strain.

WHY IT MATTERS

Think of a lending protocol like a community savings pool.

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SOURCES

  • cryptoslate.com
  • thedefiant.io

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