Jupiter Earn Winds Down JUICED Loop Amid Market Shifts
Jupiter Earn is shutting down its JUICED Loop product and users have until the last week of September to close their positions. The move follows a phased schedule, which began with capping borrow limits immediately after the September 3 announcement.
The JUICED Loop allowed users to deposit JUICED as collateral, borrow stablecoins against it, deploy those stablecoins back into the vault to mint more JUICED, and repeat. This created a leveraged yield position that produced APYs in the range of 10% to over 15%, depending on market conditions.
The exit strategy is designed to avoid a cliff event by spreading pressure across three steps: reducing borrow limits, ending JUICED Loop-specific incentives, and applying a fee magnifier. Users need to close active loops themselves, as positions will not be automatically unwound. Anyone who doesn’t act before the fee magnifier kicks in will pay for the delay.