Jup Loan Just Got Stronger – New USDC Pool Added After First One Got Drained

JeidelJeidel
2 min read

Jupiter’s foray into DeFi lending is already making waves and it’s just getting started. After launching Jup Loan (JLP) a few days ago, the first USDC pool got completely borrowed out in under 24 hours.

Now, the team has responded. A fresh pool of USDC has been added injecting new life and lending power into the protocol.

Quick Recap: What Is Jup Loan?

Jup Loan is a new lending primitive built on top of the Jupiter LFG launchpad, powered by the JLP token a Solana-native collateral that users receive when they deposit SOL into LFG presales.

With JLP, users can now:

  • Borrow stablecoins like USDC

  • Retain exposure to LFG project allocations

  • Avoid the need to unstake or dump presale tokens

It’s a DeFi-native unlock of what was previously idle liquidity.

What Just Happened?

  • The first Jup Loan pool of USDC was made available right after launch.

  • All of it was borrowed out in less than 24 hours.

  • The community showed massive demand, and the devs didn’t bluff they responded fast.

  • A new pool of $138M+ USDC has just been added (as of July 25, 2025).

Why It Matters

  • Proves Demand Is Real:
    The Jupiverse is hungry for stablecoin liquidity especially when it unlocks new possibilities with JLP.

  • Team Execution Is 🔛 Point:
    Jupiter said more liquidity was coming and delivered in real time.

  • Confidence Booster for Future Lenders:
    The protocol is alive, responsive, and growing fast. Expect more pools and asset options ahead.


TL;DR

Jup Loan isn’t just a cool experiment it’s already proving to be a high-demand Solana-native lending protocol. And with new USDC liquidity just added, the opportunity to borrow is back.

If you missed round one… round two is live.

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Written by

Jeidel
Jeidel

A Crypto Enthusiast || ecosystem updates || Navigating the future of DeFi 🌌 owner of https://jupiterledger.hashnode.dev/