Jupiter launches native staking as collateral, unlocking $30B in staked SOL for DeFi

Jupiter launches native staking as collateral, unlocking $30B in staked SOL for DeFi

Jupiter Lend now lets users borrow up to 87% against natively staked SOL without liquid staking tokens

by Estefano Gomez | Powered by Gloria

Jupiter Exchange has launched native staking as collateral on Jupiter Lend, allowing users to borrow against directly staked SOL without converting positions into liquid staking tokens.

The feature unlocks more than $30 billion in natively staked SOL for decentralized finance. Until now, SOL holders who staked directly with validators were effectively excluded from lending markets unless they first converted to liquid staking derivatives such as jitoSOL.

With the update, Jupiter Lend automatically detects supported staked positions and represents them as on-chain nsTOKEN vaults.

Users can borrow up to 87% of their staked position’s value, with a liquidation threshold set at 88%. Staking rewards continue compounding in the background.

Six validators are supported at launch: Jupiter, Helius, Nansen, Blueshift, Kiln, and Temporal. Each validator has its own vault, displayed as nsJUPITER, nsHELIUS, nsNANSEN, nsSHIFT, nsKILN, and nsTEMPORAL, respectively.

Jupiter said the rollout is designed to make natively staked SOL liquid for DeFi while remaining fully onchain and non-custodial.

Jupiter launches native staking as collateral, unlocking $30B in staked SOL for DeFi

Jupiter launches native staking as collateral, unlocking $30B in staked SOL for DeFi

Jupiter Lend now lets users borrow up to 87% against natively staked SOL without liquid staking tokens

by Estefano Gomez | Powered by Gloria

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Jupiter Exchange has launched native staking as collateral on Jupiter Lend, allowing users to borrow against directly staked SOL without converting positions into liquid staking tokens.

The feature unlocks more than $30 billion in natively staked SOL for decentralized finance. Until now, SOL holders who staked directly with validators were effectively excluded from lending markets unless they first converted to liquid staking derivatives such as jitoSOL.

With the update, Jupiter Lend automatically detects supported staked positions and represents them as on-chain nsTOKEN vaults.

Users can borrow up to 87% of their staked position’s value, with a liquidation threshold set at 88%. Staking rewards continue compounding in the background.

Six validators are supported at launch: Jupiter, Helius, Nansen, Blueshift, Kiln, and Temporal. Each validator has its own vault, displayed as nsJUPITER, nsHELIUS, nsNANSEN, nsSHIFT, nsKILN, and nsTEMPORAL, respectively.

Jupiter said the rollout is designed to make natively staked SOL liquid for DeFi while remaining fully onchain and non-custodial.