Jupiter Exchange Lowers Lending Rates for SOL, ETH, and BTC

According to Odaily, Jupiter Exchange has announced a reduction in lending rates for SOL, ETH, and BTC on the X platform. The rates have been lowered from 0.01% per hour to 0.008% per hour. This adjustment has led to an increase in the utilization rate of the SOL pool from 30% to 50%. As a result, traders benefit from lower fees, while the JLP pool sees an increase in fee revenue.