Jupiter Lend has overtaken Kamino to become the largest lending protocol on the Solana network, reaching $2.6 billion in deposits and $1.08 billion in loans as of October 6, 2026. This growth was driven by a 28.1% monthly increase in deposits, mainly from stablecoins, and benefits from Jupiter's integration within the Jupiter Exchange trading hub. Despite Kamino still generating higher fees ($4.82 million vs. $3.77 million for Jupiter), Jupiter's loan volume has edged past Kamino's. The competition highlights evolving DeFi dynamics on Solana, with Jupiter's recent upgrades enhancing user yield opportunities and platform convenience.
Jupiter Lend's rise as Solana's largest lending protocol is context for readers tracking digital asset markets. For readers following major cryptocurrencies on Pluang, 6 out of 50 major cryptocurrencies rose while 43 fell. Among notable movers as of Oct 07, 2026 17:22 WIB, ZIL dropped 7.73% to Rp60 with 72% buy orders, GRT fell 7.66% to Rp483 with 74% sell orders, and CAKE declined 7.37% to Rp40,422 with 88% buy orders.
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