JLP Loans Update – Higher Cap, Lower Rates

What’s New?

• Borrowing Cap: Raised to 80% of the JLP pool (8000 bps), based on safe utilization data, allowing more USDC borrowing.

• Interest Rates: Lowered with a target utilization of 90% (9000 bps) and an adjusted curve for better efficiency.

• Other Changes: Maintenance margin up to 83% (8300 bps), liquidation margin at 86% (8600 bps) for tighter risk controls.

As shown in the update image (check the image): Available Liq. 176.53M USDC, Utilization 56.31%, Max LTV 83.00%, Liq. LTV 86.00%, Liq. Penalty 6.00%, Borrow APR 5.31%.

This is why It Matters

JLP holders can borrow more USDC at cheaper costs, boosting yields, while the pool stays resilient as Jupiter Perps' backbone. It increases capital efficiency and revenue, with minimal risk (0.1% chance of short liquidity issues).

And how It Affects Users

More borrowing power for liquidity providers, but traders might face rare short position limits. Start small to test!

Thanks, Jup Team!

Big thanks to @JupiterExchange for this upgrade. Borrow smart! 🚀