Jupiter Exchange has started beta testing for Jupiter Vaults on Solana, allowing third-party managers to operate yield strategies for users. The initial group includes six vaults from curators like Bitwise, Re7 Labs, K3 Capital, and Hivemind. Two vaults from Re7 Labs use nOPAL tokens, which represent shares in a fund holding Brazilian credit card receivables awaiting merchant payment.
The nOPAL strategy generates returns from the gap between discounted purchase prices and full settlement values of those receivables, currently showing around 11% APY on roughly $112 million in deposits. This marks Jupiter's expansion beyond token swaps while introducing Plume Network's real-world asset products to more Solana users.
Read the full story on BSC News: Jupiter Vaults Beta on Solana Adds Plume Network nOPAL Strategy Managed by Re7 Labs
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