Jupiter executives admit that the promotion of Jupiter Lend's "zero contagion risk" is misleading

Jupiter Exchange COO Kash Dhanda recently responded to community concerns, stating that the team's previous claim on social media about the Jupiter Lend vault having "zero contagion risk" was inaccurate. Jupiter had earlier promoted its lending vault as having a "risk-isolated" structure and claimed that there would be "no cross-contamination between trading pairs, thus eliminating any contagion risk," but this content has since been removed.

In a video posted on the X platform, Dhanda confirmed that the vault is indeed designed to be isolated, but also acknowledged that there are cases of re-mortgaged assets in Jupiter Lend. Last week, the Solana lending platform Kamino banned the migration tool for Jupiter Lend due to concerns that the related risk model misled users, and its co-founder publicly criticized Jupiter's risk statements.