PANews, December 7—Solana Foundation President Lily Liu posted on X, calling on lending protocols Kamino and Jupiter Lend within the ecosystem to stop attacking each other and focus on growing the market. Lily Liu stated that the current Solana lending market is about $5 billion, while the Ethereum market is 10 times that, and the scale of the traditional finance collateral market is trillions of times larger. Liu said: “We can attack each other (one-click lending position transfers, mocking and rude remarks, etc.), or we can focus on capturing market share from the entire crypto market and the TradFi market.”
Previously, Jupiter Exchange COO Kash Dhanda recently responded to community concerns about its lending product Jupiter Lend, admitting that statements in a now-deleted social media post regarding “zero contagion risk” for Jupiter Lend vaults were inaccurate. Solana lending platform Kamino, concerned that Jupiter was misleading users about its risk model, blocked Jupiter Lend’s migration tool. Kamino’s co-founder also criticized Jupiter’s claim of vault isolation in a post on X.
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