Borrow rates on Kamino and Jupiter Lend

Tokens: —
Refreshed: Every minute

Amounts per

Which platform charges less to borrow each token, Kamino or Jupiter Lend. Borrowing USDG against xBTC? Compare your loan: moving it to the cheaper side from here opens soon.

Cheaper right now

Reading the borrow rates on Kamino and Jupiter Lend.

By token you borrow

Kamino's rate is its Main market, where most of each token is lent; its other markets lend only against the collateral they list. Jupiter Lend's is the rate most of its vaults charge.

Reading the borrow rates on Kamino and Jupiter Lend…

Move an xBTC / USDG loan

Moving a loan from this page opens once we've verified it on mainnet. Until then, connect a wallet to see what your loan pays on each side.

Only xBTC / USDG can move here today: between Kamino Main and Jupiter Lend vault 17 (USDG), or from Kamino Main to vault 9 (USDC). For every other row, move the loan on the platforms themselves.

Open Kamino ↗ Open Jupiter Lend ↗

Pick any split, from all on Kamino to all on Jupiter Lend. For now it is priced at today's rates, for moves up to 10,000 USDG.
One transaction repays on one side and borrows on the other, and the xBTC behind the loan moves with it. No xBTC, USDG or USDC leaves your wallet: the 0.01% service fee is added to the loan, and you pay the Solana network fee, plus a little SOL of rent the first time you open a Jupiter Lend position.
A loan split across both platforms can't be re-split here yet. You would manage each part on its platform.

How we compare

Rate: What borrowing costs a year, compounded, as each platform reports it.
Cheaper: The lower borrow rate for the token. On your own loan we compare the net cost: the borrow rate minus what your xBTC earns as collateral there.
Kamino Main: Kamino's main market, where most of each token is lent. Kamino's other markets are isolated: each lends only against the collateral it lists, so their rates are shown but not compared.
Spot, 7-day avg: Spot is the rate right now. Every $ figure about your loan is the smaller of the saving at spot rates and at Kamino's 7-day average, and says which, so one spike can't talk you into a move. When the two disagree on which side is cheaper, we suggest no move. We don't record Jupiter Lend's rates yet, so its side of the average is its rate now. A † marks a Kamino rate that moved more than 2 points in 24 hours.
Free: What the platform can lend right now. A side with less than $10,000 free, or that doesn't say, is not compared.
Cheapest home: Your xBTC can back a loan on Kamino (USDG), Jupiter Lend vault 17 (USDG) or vault 9 (USDC). We compare your loan with each and name the cheapest one you can move to.
Recommended split: Toward the cheapest home, by at most 10,000 USDG, and only as far as it can lend. Your own move changes the rates: the review prices the rate after the move, and this card does not before it.
Swap: A move to Jupiter Lend USDC borrows USDC and swaps it on Orca for the USDG that repays Kamino, paying at most 0.03% more USDC than the USDG it buys. What the swap does not use stays in your wallet.
Service fee: 0.01% of the USDG moved, sent to the Fire Strategy treasury in the same transaction: borrowed on the side you move to, or for a move to USDC, bought in the Orca swap.
Not counted: Network fees, borrow rewards and the Orca swap's price impact. For a move to USDC, the payback counts the swap's 0.01% pool fee with the service fee.

Rates are variable and move with every loan, yours included. Nothing here is advice or a promise.