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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Jupiter will launch the lending protocol Jupiter Lend on Solana.
According to Mars Finance, on May 23, Jupiter announced the launch of the lending protocol Jupiter Lend at the Solana Accelerate conference, which will collaborate with the original Ethereum-based liquidity protocol Fluid for development. The protocol features a loan-to-value (LTV) ratio of 90% and a dynamic risk isolation mechanism, significantly higher than the industry average of 75%. The platform is expected to launch this summer and is currently open for a waitlist. Jupiter plans to initially launch the deposit protocol and vault protocol, and encourages developers to build extended functionalities based on its platform.