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Solana community questions Jupiter Lend's risk disclosure, Kamino suspends one-click migration tool

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2025-12-07 00:41:20
The Solana community recently questioned Jupiter Lend's risk disclosures. Fluid co-founder Samyak Jain admitted that Jupiter Lend's vaults would be double-staked to improve capital efficiency and "not completely segregated". Kamino co-founder Marius recently announced that it was blocking the Jupiter Lend migration tool, citing users being misled about the protocol design and risks. The controversy centers on Jupiter Lend's claim to have "segregated vaults", but the actual use of rehypothecation technology to improve capital efficiency makes the vaults not completely segregated.
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