PANews|Dec 07, 2025 00:21
[Jupiter COO Admits Misleading Claims About 'Zero Contagion Risk' in Jupiter Lend Lending Product]
According to The Block, Jupiter Exchange Chief Operating Officer Kash Dhanda recently addressed community concerns regarding its lending product Jupiter Lend, admitting that previous social media posts claiming 'zero contagion risk' for Jupiter Lend vaults were inaccurate.
Some of Jupiter's earlier social media posts promoted Jupiter Lend vaults as having 'isolated risk,' with one post stating that isolated vaults 'mean there is no cross-contamination between trading pairs, thereby eliminating any contagion risk.' After sparking controversy, the Jupiter team deleted the posts containing the latter statement. In a video posted on the X platform, Dhanda stated, 'These vaults are indeed isolated.' However, he also acknowledged that Jupiter Lend utilizes rehypothecated assets.
Last week, Solana-based lending platform Kamino blocked Jupiter Lend's migration tool over concerns that Jupiter was misleading users about its risk model. Kamino's co-founder also criticized Jupiter's claims of vault isolation in a post on the X platform.
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