According to Jinse Finance, the Solana community has recently raised concerns about the risk disclosures of Jupiter Lend. Samyak Jain, co-founder of Fluid, admitted that Jupiter Lend’s vaults engage in rehypothecation to improve capital efficiency and are “not fully isolated.” Marius, co-founder of Kamino, recently announced the blocking of Jupiter Lend’s migration tool, citing that users were misled about the protocol’s design and risks. The controversy centers on Jupiter Lend’s claim of having isolated vaults, while in reality, rehypothecation is used to enhance capital efficiency, meaning the vaults are not fully isolated.
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