Jupiter Executive Admits Jupiter Lend's "Zero Rug Risk" Marketing Is Misleading

On December 7, Jupiter Chief Operating Officer Kash Dhanda addressed community questions, acknowledging the team’s prior social media claim that Jupiter Lend’s treasury has “zero contagion risk” was inaccurate. Jupiter had previously promoted its lending treasury as a “risk-isolated” structure, stating there would be “no cross-contamination between trading pairs, thus eliminating all contagion risk” — but that content has since been deleted. In a video posted to Platform X, Dhanda confirmed the treasury is designed with isolation, yet also admitted Jupiter Lend holds rehypothecated assets. Last week, Solana lending platform Kamino temporarily blocked Jupiter Lend’s migration tool over concerns its risk model could mislead users. Kamino’s co-founder also publicly criticized Jupiter’s risk description.