Jupiter Lend, the lending protocol from Solana’s dominant DEX aggregator, has crossed $2 billion in market size. That figure grew by roughly $600 million over the past month alone.

Jupiter Lend is now one of the largest lending venues on Solana, sitting alongside established names like Kamino.

Bitwise drops $260 million into Jupiter

On May 13, Bitwise Asset Management launched an isolated USDe lending market on Jupiter, depositing over $260 million in the process.

That single deposit accounted for nearly half the month’s $600 million inflow. It also came with yields exceeding 20%.