Jupiter Lend’s withdrawal liquidity rebounds from near zero to 29 million USDC
An October 31 API reading shows partial recovery, with available USDC at about 7% of reported total assets. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Jupiter Lend's reported USDC withdrawal liquidity stood at about 29 million USDC in a 09:25:56 UTC reading on Oct. 31, easing the immediate cash constraint at Jupiter's lending product after near-zero availability the previous afternoon.
Bitquery reported that only $88.89 of USDC was free to withdraw at 16:18 UTC on Oct. 30, against $416 million owed to Jupiter Lend's USDC savers. The October 31 reading indicates a substantial increase in reported funds available for exits.
Related ReadingAn earlier API snapshot captured the initial overnight recovery:
The official Earn API reported about 31.23 million USDC withdrawable, with its liquidity data last updated at 02:37:21 UTC on Oct. 31. It also reported approximately 445.77 million USDC in total assets. Available withdrawal liquidity therefore represented about 7.01% of those assets.
By 09:25:56 UTC, the API showed about 29 million USDC withdrawable against 443 million USDC in total assets. Available funds were about 6.6% of total assets. These balances measure withdrawal capacity; Bitquery’s amount owed to savers describes depositor claims.