Question 1

How do I take out a loan?

Accepted Answer

Taking out a loan on Jupiter Lend is done by creating a new borrowing position. Here’s how: Choose Your Pair: On this page, find the pair that matches the asset you want to supply as collateral and the asset you want to borrow (e.g., using SOL to borrow USDC). Create Position: Click the "Create Position" button for that specific pair. Deposit & Borrow: Deposit the asset you're supplying as collateral. Then borrow the other asset.

Question 2

How much can I borrow?

Accepted Answer

The amount you can borrow depends on the value and type of collateral you supply. Each asset has a specific "Loan-to-Value" (LTV) ratio, which means for every $100 worth of collateral, you can borrow up to a certain amount (e.g., $75). You can see the specific LTV for each asset when you select it.

Question 3

What happens if my collateral's value drops?

Accepted Answer

This is the most important risk to understand when borrowing. To protect the health of Jupiter Lend, if the value of your collateral falls below a certain threshold, your position is at risk of liquidation. This means some of your collateral may be automatically sold to repay your loan. It is crucial to monitor your loan's health and either add more collateral or repay part of your loan if the value of your collateral decreases.

Question 4

What are the other risks?

Accepted Answer

Beyond the risk of liquidation, decentralized financial borrowing has other risks you should know: Smart Contract Risk: The potential for a bug or vulnerability in the code that could be exploited. Market Risk: The general volatility of crypto assets can affect the value of the collateral you provided for borrowing. Please use this product carefully and never borrow more than you can comfortably repay.

Question 5

What does it cost to borrow?

Accepted Answer

The primary cost of borrowing is the variable interest rate you pay on your loan, which is clearly displayed for each asset.

Dual Stream Liquidity

One deposit, two yields. Supply to a Smart Vault and earn from lending and trading fees at once.

Smart Vaults

Vaults

Smart Multiply

Loops

Smart Earn

FAQs

Vault		Deposited	Total Supply

Dual Stream Liquidity

One deposit, two yields. Supply to a Smart Vault and earn from lending and trading fees at once.How it worksLearn more

Smart Vaults

Vaults

Smart Multiply

Loops

Smart Earn

FAQs

What exactly changes when I use a Smart Vault?

How is a Smart Collateral vault different from supplying normally?

How is a Smart Debt vault different from a normal loan?

Can my borrow cost really drop that much?

What are the risks specific to Smart Vaults?

Do I have to supply to or borrow from a Smart Vault?

One deposit, two yields. Supply to a Smart Vault and earn from lending and trading fees at once.