Jupiter Lend’s withdrawal liquidity rebounds from near zero to 29 million USDC
Photo: CryptoSlate
Jupiter Lend's reported USDC withdrawal liquidity stood at about 29 million USDC in a 09:25:56 UTC reading on Oct. 31, easing the immediate cash constraint at Jupiter's lending product after near-zero availability the previous afternoon. Bitquery reported that only $88.89 of USDC was free to withdraw at 16:18 UTC on Oct. 30, against $416 million owed to Jupiter Lend's USDC savers. The October 31 reading indicates a substantial increase in reported funds available for exits. The official Earn API reported about 31.23 million USDC withdrawable, with its liquidity data last updated at 02:37:21 UTC on Oct. 31.
Also reported by The Defiant.
Source: CryptoSlate
