Jupiter Lend now lets users borrow against natively staked SOL, opening $30B in capital to DeFi, no liquid staking tokens needed.
Jupiter Exchange has changed something big. Thirty billion dollars in natively staked SOL has sat locked, earning yield, yes, but completely cut off from DeFi. That wall just came down.
Jupiter announced the launch of Native Staking as Collateral on Jupiter Lend. As Jupiter Exchange posted on X, “$30B of SOL is natively staked. The largest pool of capital on Solana, earning yield but locked out of DeFi. That changes today.”
The mechanics are simpler than expected. A user stakes with a supported validator. Jupiter Lend detects the position automatically as an nsTOKEN. From there, borrowing against it for SOL is immediate.
No liquid staking tokens. No unstaking. According to a follow-up post by Jupiter Exchange on X, staking rewards keep compounding in the background throughout. The whole setup is fully on-chain and non-custodial.
Borrow limits go up to 87% of the staked position’s value. The liquidation threshold sits at 88%, as Jupiter Exchange confirmed on X. Each validator gets its own vault.
You Might Also Like: Morgan Stanley Brings Bitcoin, ETH, SOL Trading to E*Trad
Six validators are live at launch. Jupiter Exchange listed them on X as Jupiter (nsJUPITER), Helius (nsHELIUS), Nansen (nsNANSEN), Blueshift (nsSHIFT), Kiln (nsKILN), and Temporal (nsTEMPORAL). Each has its own vault. The flow is identical across all six.
Validators wanting inclusion can contact @Jup_Lend directly. Jupiter noted in a subsequent post on X. Expansion beyond the launch six is already planned.
That $30B figure is not small. It is the single biggest pool of capital on the Solana network. It’s been sitting idle from a DeFi perspective, earning staking returns, but nothing more.
Deep Dive: WLFI Collapse Preceded $6.9B Crypto Liquidations
SolanaFloor on X put it directly: Jupiter has now made it possible to borrow against natively staked SOL without touching liquid staking tokens, bringing access to over 30 billion dollars in capital that was previously unavailable to DeFi entirely.
The vault naming system ties each position to its validator. A staker using Helius sees their position as nsHELIUS. Jupiter’s own validator appears as nsJUPITER. Clean, simple, separate.
What happens to staking rewards while someone is borrowing? They keep accumulating. The protocol does not pause or redirect them. That compounding continues as-is, the exchange said on X.
Also Worth Knowing: Latest DeFi News & Updates
This move positions native staking alongside DeFi participation — not as competing choices. Stakers no longer have to pick one or the other. Jupiter called it “a major step towards making all natively staked SOL liquid for DeFi,” as posted on X.
Thirty billion in capital, now accessible. The Solana DeFi picture looks different today than it did yesterday.
Read more on Live Bitcoin News
