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TechFlow reports that Jupiter Exchange has reduced the borrowing rates for SOL, ETH, and BTC from 0.01% per hour to 0.008%.
Since then, the utilization rate of the SOL pool has increased from 30% to 50%. This means traders pay lower fees, while the JLP pools earn higher fee revenue.
Jupiter Exchange has reduced the borrowing rates for SOL, ETH, and BTC from 0.01% per hour to 0.008%. Since then, the utilization rate of the SOL pool has increased from 30% to 50%. This means traders pay lower fees, while the JLP pool earns higher fee revenue.
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