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]
- 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 Jupiter deposit fee; lenders receive 90% of borrower interest
Worked example · illustrative numbers
1,000 USDC for a year
Value of your deposit in USDC
Lend: EarnIllustrative
You deposit1,000 USDC
You holdjlUSDC receipt
APY6% · variable
After 12 months≈ 1,060 USDC
Step by step
Open Earn and connect
Go to jup.ag/lend/earn and connect your wallet.
Pick a vault
Choose the token to lend and compare the APY.
Deposit
Enter the amount and confirm. JL tokens arrive in your wallet.
Withdraw any time
Open the vault, switch to Withdraw, and confirm.
Good to know
- Rates move with utilization: the more of a pool is borrowed, the higher the borrow rate and the yield.[1]
- Borrowers pay the full rate: lenders receive 90% of the interest and 10% goes to the protocol treasury (the reserve factor).[1]
- Keep a little SOL in your wallet: every deposit and withdrawal is a Solana transaction.[2]
- JL tokens are receipts for your deposit; keep them to keep your claim on the pool.[1][2]
Sources
- Earn on Jupiter Lend ↗docs.jup.ag/user-docs/earn/lend/earn
- Using Earn ↗docs.jup.ag/user-docs/earn/lend/guides/using-earn
Checked against Jupiter's documentation on 27 Sep 2026. Products change; the linked pages are the source of truth.