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Solana Weekly Update Highlights Kast Funding, Jupiter Lending Beta, Archer Exchange Launch

The brief post lists an $80 million Series A for Kast, a private beta for Jupiter Exchange’s OfferBook peer-to-peer lending protocol, and a public beta launch for Archer Exchange’s central limit order book on Solana DeFi (blockchain-based financial services).

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Summary

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Terms & Concepts
  • P2P lending: Peer-to-peer lending lets users lend and borrow directly without a traditional financial intermediary.
  • CLOB: A central limit order book matches buy and sell orders by price and time, a common market structure in trading venues.
  • DeFi: DeFi (blockchain-based financial services) refers to financial applications built on blockchain networks without traditional intermediaries.