Jupiter adds support for SPYx, QQQx, NVDAx, and TSLAx as collateral
Foresight News reports that Jupiter has added SPYx, QQQx, NVDAx, and TSLAx as collateral options. Users can use xStocks to borrow USDC or JupUSD with a maximum LTV of 75%, or use xStocks for looping through USDC to amplify exposure. Each position can earn xPoints. Currently, the first batch of 4 assets has been launched, with more to be added continuously in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Major Crypto ETFs Bled $1.5 Billion While Wall Street Went Dip Shopping
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"
"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.
US Research Review - Azenta, Cencora, Stratasys
Crypto prices
More
