PANews reported on May 14th that, according to The Block, Solana ecosystem infrastructure provider Jupiter has commissioned Bitwise to create a segregated, dedicated lending market for USDe on Jupiter Lend. This marks the first time an institutional asset management firm has curated a market on Jupiter Lend. The market will be segregated from Jupiter Lend's existing liquidity layer to mitigate risk for institutional capital. Jupiter is also leveraging the decentralized protocol Fluid to provide lending and collateral infrastructure support. Jonathan Man, Head of DeFi Strategy at Bitwise, stated that the design offers deep liquidity and risk mitigation features. Guy Young, CEO of Ethena Labs, the issuer of USDe, stated that USDe is an institutional-grade savings product built for scale.