Borrow USDC against your JLP. Introducing: JLP Loans. Access liquidity while still earning yields. Here's how it works 🧵...

JLP is a liquidity pool that powers Jupiter Perps and serves as a counterparty. When traders open leveraged positions, they borrow tokens from the pool. JLP Loans puts unused USDC to work by giving borrowers access to liquidity, and a new sustainable yield stream for LPs.

How JLP Loans work: • Deposit JLP as collateral • Borrow USDC from the pool • Repay the USDC back to withdraw your JLP when you’re done JLP Loans are overcollateralized with dynamic rates and safe liquidations at 86% LTV by whitelisted keepers.

JLP Loans is starting with a conservative approach: • Tight risk parameters • USDC-only borrowing This is the first step in transforming JLP into a core yield engine for the ecosystem.