Jupiter Lend said a liquidity crunch is slowing withdrawals, according to TheDefiant. Data shown by Jupiter’s API indicated that only 3.35 USDC was immediately available for withdrawal, while Earn deposit claims stood at 418.5 million USDC. The source material did not provide extra detail on when withdrawals may normalize or what steps the platform may take next. The report points to a sharp mismatch between instantly available liquidity and outstanding claims in the Earn product.
Jupiter Lend said a liquidity crunch is delaying withdrawals.
Its API showed that just 3.35 USDC was immediately withdrawable against 418.5 million USDC in Earn deposit claims.
TheDefiant reported the figures. The source material did not include more detail on timing for resumed normal withdrawals or any follow-up measures.
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