Lending · Review
ActiveJet V1 Review 2026: Solana Lending Risks
Jet V1 is a decentralized borrowing and lending protocol on Solana. Its current markets, fees and security details are unclear, so check that the service is operating and review its terms before depositing assets.
By the DappsAtlas editorial team · Updated
DappsAtlas score
—/10
Not rated
Our verdict on Jet V1
Jet V1 may interest Solana users looking for a borrowing and lending protocol, but the current product details are too unclear to assess its markets or costs. Its Solana focus is straightforward; the main caveat is security, with no audit listed and a past report discussing a code bug. Verify that a supported interface and active markets exist, and review the terms and contract risks before depositing. Avoid treating the JET token as a guarantee of protocol safety.
Score breakdown
How Jet V1 scores
- Security
- n/a
- Ease of use
- n/a
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Jet V1?
Jet V1 is a decentralized borrowing and lending protocol on Solana, with JET named as its token. Current lending markets, supported assets and product terms are not established.
No audit is listed. A 2022 security report discussed a bug in Jet V1 code, but its outcome is unclear. Treat the protocol as a smart-contract risk and verify that it is currently operating before considering a deposit.
How Jet V1 works
Jet V1 is described as a decentralized lending protocol on Solana. In this type of service, lenders generally supply assets to markets, while borrowers take assets from those markets under rules set by the protocol’s smart contracts.
Jet V1’s current markets, supported tokens, collateral requirements and interest-rate model are not established. Review the terms in a currently supported interface before using it, and do not assume that a past market or interface remains available.
3 features
Key features
01
Crypto lending
Jet V1 is described as a decentralized protocol for lending assets.
02
Crypto borrowing
The protocol is also described as supporting borrowing, though current terms and collateral options are unclear.
03
Solana deployment
Jet V1 operates on Solana.
Pros and cons
What we like
- Focused on borrowing and lending rather than a broad range of DeFi products.
- Built on Solana.
- JET is identified as the protocol’s token.
Watch out for
- Current supported markets, collateral options and borrowing terms are not established.
- Fees and interest rates are not published.
- No audit is listed, and a 2022 security report discussed a bug in Jet V1 code; the report’s outcome is unclear.
Jet V1 fees
Jet V1’s fees and borrowing rates are not published. Check any currently supported interface for market terms and transaction costs before confirming an action; Solana network fees may also apply.
Is Jet V1 safe?
No audit is listed. A security report published in 2022 discussed a bug in Jet V1 code and a conversation following its disclosure; the issue’s outcome is unclear, and this does not establish that funds were lost. Smart-contract lending carries risks including code vulnerabilities, changing market conditions and potential loss of deposited assets. The protocol’s custody details and regulatory status are not established. Use only if legally permitted where you live, and never deposit more than you can afford to lose.
5 steps
How to get started with Jet V1
- 1
Find out whether Jet V1 currently has a supported interface and active markets.
- 2
Use a Solana-compatible wallet only if you have verified the interface and its legitimacy.
- 3
Review available assets, collateral rules, interest rates and fees before connecting or depositing.
- 4
Check the transaction details in your wallet before confirming any lending or borrowing action.
- 5
Track repayment requirements and withdraw assets when appropriate, if the service supports those actions.
Who Jet V1 is for
Jet V1 is relevant to Solana users researching decentralized borrowing and lending. It is a poor fit for anyone who needs clearly published rates, supported assets, audit details or confirmed current operating terms before committing funds.
Jet V1 FAQs
What is Jet V1?
Jet V1 is described as a decentralized borrowing and lending protocol built on Solana. Current markets and supported assets are not established.
What are Jet V1’s fees and borrowing rates?
The project’s current fees, interest rates and supported collateral are not published. Check the terms and transaction details in any currently supported interface before committing funds.
Is Jet V1 safe to use?
No audit is listed, and a 2022 security report discussed a bug in Jet V1 code. The status and outcome of that issue are unclear; crypto lending also carries smart-contract and asset-loss risks.
Compare
Jet V1 alternatives
Save, formerly Solend, is a Solana lending and borrowing protocol where users earn interest on deposits or borrow against collateral.
Kamino Lend is a peer-to-pool lending market on Solana where users earn interest on deposits or borrow against crypto collateral.
Jupiter Lend is the lending and borrowing product of the Jupiter platform on Solana, offering yield vaults and leveraged loops for DeFi users.
Project 0 is a Solana lending protocol offering cross-venue borrowing against a whole DeFi portfolio, aimed at experienced DeFi users.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
Same category
More Lending dApps
SparkLend is a stablecoin lending market on Ethereum and Gnosis with governance-set rates, backed by Sky's Liquidity Layer, for borrowers and savers.
Compound V3 is a lending protocol on Ethereum and nine other chains where users supply a base asset for yield or borrow it against collateral.
Euler V2 is a modular DeFi lending protocol for lenders, borrowers and market curators, with about $268M TVL across 16 chains.
Morpho is a decentralized lending protocol with isolated markets, curated vaults and fixed-rate loans for crypto lenders, borrowers and developers.
Kamino Finance is a Solana DeFi protocol offering lending, automated liquidity vaults and leverage tools for users seeking on-chain yield.
Aave V4 is a modular, non-custodial lending protocol using a hub-and-spoke design, for users who want to earn on or borrow against crypto.
Same chain
More on Solana
Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Jito Liquid Staking lets Solana users stake SOL for JitoSOL, a liquid token that accrues staking and MEV rewards.
Marinade is a Solana staking protocol offering native and liquid staking (mSOL) via an auction where validators bid for delegated SOL.
Across is an intent-based cross-chain bridge and swap protocol for moving tokens between Ethereum, rollups and other chains, with an API for apps.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.