JustLend DAO Launches SBM V2, Building a New Risk-Isolated Lending Architecture

TechFlow reports that on June 17, JustLend DAO officially launched SBM V2 (Supply and Borrowing Market V2), introducing an innovative isolated collateral lending protocol featuring a dual-layer architecture comprising Treasury and Markets, along with an adaptive curve interest rate model. Under the new architecture, the Treasury aggregates liquidity, while each Market supports independent lending and bears its own risk exposure—achieving risk isolation. Borrowing rates dynamically adjust based on fund utilization, and each Market operates independently, effectively preventing cross-market risk contagion. This upgrade significantly enhances the protocol’s risk management capabilities and capital efficiency, further strengthening security and flexibility in multi-asset, isolated lending scenarios. Official website: app.justlend.org/home