What is Refinance?
Refinance allows you to migrate your existing Multiply position from another supported protocol directly into Jupiter Lend, all in one seamless transaction.This lets you move to better rates, higher efficiency, and Jupiter Lend’s advanced risk and liquidation systems without manually closing and reopening positions. Instead of repaying loans and re-supplying collateral by hand, Refinance automates the entire process for you in a single guided flow.
Why Use Refinance?
DeFi markets evolve quickly, and interest rates or liquidation parameters often change from one protocol to another.Migrate Positions in One Click
No need to withdraw, repay, or redeposit manually
Access Better Yields and Rates
Through Jupiter Lend’s efficient vaults.
Improve Risk Management
With lower liquidation penalties and higher LTVs.
Preserve Your Position Structure
Same debt, same collateral ratio, just improved conditions.
Supported Protocols & Assets
Supported Protocols & Assets
Currently, you can use Refinance to transfer your multiply & leveraged positions from both Kamino and MarginFi.Currently, Refinance supports migrations from:Kamino - Multiply positions:- jupSOL / SOL\
- JLP / USDC\
- mSOL / SOL\
- jitoSOL / SOL\
- syrupUSDC / USDG\
- syrupUSDC / USDC\
- SOL / USDC\
- INF / SOL
- JitoSOL / SOL
How it Works
When you initiate a Refinance operation, Jupiter Lend securely interacts with both the source protocol and its own vaults to:- Repay your outstanding debt on the external protocol.
- Withdraw the associated collateral.
- Transfer these assets to Jupiter Lend.
- Recreate your position inside Jup Lend, maintaining the same loan amount and collateral ratio.
Refinance Limit
Refinance Limit
For now, Refinance supports migrations up to $1M per operation.If your position is larger, you can still transfer it, you’ll just need to complete the migration in multiple steps.
Fees
Fees
There are no additional protocol fees for using Refinance, you only pay the standard network and transaction costs associated with Solana.
Safety
Safety
Refinance is fully non-custodial, all operations happen directly through your own wallet.
The protocol does not take control of your assets at any point.When you start a refinance, the smart contract simply automates what you would normally do manually:
That means your funds never leave your control, and there’s no intermediary or external custody involved.
In practice, Refinance just triggers a contract that executes these actions for you securely and instantly.
The protocol does not take control of your assets at any point.When you start a refinance, the smart contract simply automates what you would normally do manually:
- Repay your existing loan on the source protocol.
- Withdraw your collateral.
- Recreate the same position on Jupiter Lend.
That means your funds never leave your control, and there’s no intermediary or external custody involved.
In practice, Refinance just triggers a contract that executes these actions for you securely and instantly.
FAQ
What is Refinance?
What is Refinance?
Refinance allows you to migrate your existing position from another supported protocol directly into Jupiter Lend, all in one transaction.
This automated process closes your position on the source protocol and recreates it on Jupiter Lend, keeping the same collateral and debt
structure while adapting it to Jup Lend’s optimized conditions.
This automated process closes your position on the source protocol and recreates it on Jupiter Lend, keeping the same collateral and debt
structure while adapting it to Jup Lend’s optimized conditions.
Why should I use Refinance?
Why should I use Refinance?
Refinance lets you move your positions to Jupiter Lend to benefit from better rates, higher efficiency, and improved liquidation mechanisms.
It saves you time by automating every step, no need to manually repay, withdraw, or re-open your position.
You also gain access to Jupiter Lend’s advanced risk management and higher LTV environment.
It saves you time by automating every step, no need to manually repay, withdraw, or re-open your position.
You also gain access to Jupiter Lend’s advanced risk management and higher LTV environment.
Which protocols are supported for refinancing?
Which protocols are supported for refinancing?
Currently, Refinance supports migrations from:- Kamino - Multiply positions:\
- jupSOL / SOL\
- JLP / USDC\
- mSOL / SOL\
- jitoSOL / SOL\
- syrupUSDC / USDG\
- syrupUSDC / USDC\
- SOL / USDC\
- INF / SOL
- MarginFi - Multiply positions:
**- **JupSOL / SOL\- JitoSOL/ SOL
Will I pay fees when using Refinance?
Will I pay fees when using Refinance?
There are no extra protocol fees for using Refinance.
You’ll only pay the standard Solana network transaction costs associated with executing the refinance operation.
You’ll only pay the standard Solana network transaction costs associated with executing the refinance operation.
Is my position safe during the transfer?
Is my position safe during the transfer?
Yes. Refinance is a non-custodial, permissionless, and atomic process.
All steps - repaying, withdrawing, and recreating your position - are executed from your own wallet within a single transaction.
Your funds never leave your control, and there’s no third-party custody involved.
All steps - repaying, withdrawing, and recreating your position - are executed from your own wallet within a single transaction.
Your funds never leave your control, and there’s no third-party custody involved.
Is there a maximum position size for using Refinance?
Is there a maximum position size for using Refinance?
Yes. For now, Refinance supports migrations up to $1M per operation.
If your position is larger, you can still transfer it, you’ll just need to complete the migration in multiple steps.
If your position is larger, you can still transfer it, you’ll just need to complete the migration in multiple steps.