stonkbuilderCOMMUNITY JupiterLend: Earn

Earn tutorial

Earn interest with Jupiter Lend

Deposit a token into a Jupiter Lend pool and borrowers pay you interest. You receive a JL token, such as jlUSDC, that grows in value as interest accrues.[1]

  • 2 min read
  • Beginner
  • Checked 26 Sep 2026
Best for
Earning a variable yield on tokens you plan to hold.
You'll need
  • A Solana wallet, such as Jupiter Wallet, Jupiter Mobile, Phantom or Solflare
  • The token you want to lend, such as USDC
  • A little SOL for network fees
Cost
No deposit fee; the protocol keeps 10% of borrower interest
Open Lend: Earn
Worked example · illustrative numbers

1,000 USDC for a year

Value of your deposit in USDC

1,0001,0301,060Now6 mo12 mo≈ 1,060 USDC
Lend: EarnIllustrative
You deposit1,000 USDC
You holdjlUSDC receipt
APY6% · variable
After 12 months≈ 1,060 USDC
At an illustrative 6% APY, 1,000 USDC grows to about 1,060 USDC in a year. Your jlUSDC balance stays the same while each jlUSDC is worth more.

Step by step

  1. Open Earn and connect

    Go to jup.ag/lend/earn and connect your wallet.

  2. Pick a vault

    Choose the token to lend and compare the APY.

  3. Deposit

    Enter the amount and confirm. JL tokens arrive in your wallet.

  4. Withdraw any time

    Open the vault, switch to Withdraw, and confirm.

Open Lend: Earn

Good to know

  • Rates move with utilization: the more of a pool is borrowed, the higher the borrow rate and the yield.[1]
  • A 10% reserve factor, the protocol's share of borrower interest, applies to all interest payments.[1]
  • JL tokens are receipts for your deposit; keep them to keep your claim on the pool.[1][2]

Sources

  1. Earn on Jupiter Lend docs.jup.ag/user-docs/earn/lend/earn
  2. Using Earn docs.jup.ag/user-docs/earn/lend/guides/using-earn

Checked against Jupiter's documentation on 26 Sep 2026. Products change; the linked pages are the source of truth.