I've never used a purchased premade lye solution. I make my own 1:1 solution.
I've seen sold them in hardware stores.
I think the 38% you are referring to is
38% of the weight of your oil. Not a helpful number if you are using a premixed lye solution.
A 30.5% lye solution is 30.5% NaOH and 69.5% something else, hopefully water.
When you use a premix (purchased or a solution you made) you would calculate your recipe based on how much lye to saponify your oils, less your chosen superfat value. Your lye solution could be as high as 50% or as low as you choose to go. I think soapcalc recommends 28.5% A super low concentration uses way more water than you need resulting in a longer cure, more chance of DOS and possible warping during the cure.
So to answer your question, yes you can use it. Use it in any recipe you want, IF you are sure of the solution %, an exact number, not a range and you are CERTAIN that the remaining 69.5% is just water, nothing else.
It's early, my DH hasn't made the coffee yet, so if I've totally missed the boat on this one, blame it on him and the late coffee...