Jet Protocol was a decentralized finance (DeFi) protocol focused on borrowing and lending, governance, and margin products, operating on the Solana network. The project aimed to provide innovative and efficient financial instruments within the crypto ecosystem. After raising significant venture capital, the company announced in late 2022 that it would be shutting down its application and winding down operations, citing the challenging market conditions and the significant impact of the FTX collapse on the Solana ecosystem. Users were advised to withdraw all funds as the platform ceased its core functions.

Founded in

United States