Jupiter Exchange has launched Offerbook in public beta, a peer-to-peer lending platform on Solana that allows users to borrow USDC against tokens, NFTs, and other onchain assets without liquidation risk or reliance on price oracles. Borrowers and lenders negotiate fixed-term loans with customizable loan-to-value ratios, interest rates, and durations. This platform targets illiquid assets often ignored by traditional DeFi lenders, expanding lending options on Solana. Jupiter acquired RainFi, a similar protocol, to build Offerbook, which complements its existing vault-based lending product, Jupiter Lend. The platform has been audited by three firms, signaling serious commitment, but adoption metrics are not yet available.
A newly created wallet deposited 6.68 million USDC into Hyperliquid and opened $48 million in 20x leveraged short positions on Bitcoin, Solana, and Ethereum. The position includes 430.64 BTC, 181,245 SOL, and 4,280 ETH, heavily weighted towards Bitco...
South Korea's Toss Bank and the Solana Foundation have launched a proof-of-concept program to explore using blockchain technology for international remittances. The initiative aims to assess whether blockchain can make cross-border payments faster an...
A newly created wallet deposited 6.68 million USDC to open 20x leveraged short positions totaling nearly $48 million on Bitcoin, Ethereum, and Solana. This large bearish bet signals expectations of price declines in these major cryptocurrencies. Bitc...
Solana (SOL) is gaining market attention as its Firedancer validator upgrade approaches mainnet rollout, with SOL showing modest price gains and increased trading volume. Firedancer, developed by Jump Crypto, aims to improve network performance and d...
Solana (SOL) has rebounded 23% from its June low of $60 to trade near $74, facing resistance around $74.65-$75, coinciding with a technical sell signal and the 200 SMA on the 4-hour chart. Approximately 600,000 SOL tokens recently moved to centralize...
