Jupiter Executive Admits Jupiter Lend's "Zero Rug Risk" Marketing Is Misleading

BlockBeats News, December 7th, Jupiter's Chief Operating Officer Kash Dhanda recently responded to community inquiries, stating that the team's previous claim on social media that Jupiter Lend's treasury has "zero contagion risk" was inaccurate. Jupiter had previously promoted its lending treasury as having a "risk-isolated" structure, stating that there would be "no cross-contamination between trading pairs, thereby eliminating any contagion risk," but this content has since been deleted.

In a video posted on Platform X, Dhanda confirmed that the treasury is indeed designed with isolation but also acknowledged the presence of rehypothecated assets in Jupiter Lend. Last week, the Solana lending platform Kamino, out of concern that the risk model could mislead users, temporarily banned Jupiter Lend's migration tool. Kamino's co-founder also publicly criticized Jupiter's risk description.