PANews|Dec 07, 2025 07:38
[Solana Foundation President Calls for Lending Protocols to Stop Infighting and Focus on Growing the Market]
Lily Liu, President of the Solana Foundation, posted on the X platform, urging lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and instead focus on expanding the market. Lily Liu noted that the current Solana lending market size is approximately $5 billion, while the Ethereum market size is 10 times that, and the traditional financial collateral market is several trillion times larger. Liu stated: 'We can attack each other (one-click loan position transfers, mocking rude remarks, etc.), or we can focus on capturing market share from the broader crypto market and the TradFi market.'
Previously, it was reported that Jupiter Exchange COO Kash Dhanda recently addressed community concerns about its lending product, Jupiter Lend, admitting that the earlier claim in a deleted social media post about Jupiter Lend vaults having 'zero contagion risk' was inaccurate. Solana lending platform Kamino, concerned that Jupiter's risk model might mislead users, blocked Jupiter Lend's migration tool. Kamino's co-founder also posted on the X platform, criticizing Jupiter's claims about vault isolation.
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