Decentralized Finance (DeFi) on Solana represents a revolutionary approach to financial services, offering fast and low-cost alternatives to traditional banking. From lending and borrowing to yield farming and decentralized exchanges, Solana's DeFi ecosystem provides a wide array of opportunities for users to grow and manage their digital assets. Discover the best Solana DeFi projects on Soladex and unlock the potential of this innovative financial landscape.
Sujiko Protocol, a SolWorks creation on Solana blockchain, revolutionizes NFT trading with a decentralized derivatives platform for long/short positions. Offering enhanced liquidity, robust leverage trading, and unique features like Core vAMM, it improves profit-making and risk management. Sujiko Warriors NFT holders enjoy exclusive benefits like gated access and revenue sharing.
Dual Finance
DeFi
Dual Finance is an incentive based liquidity system for DAOs and Web3 communities built on Solana. The project gained attention when it took home a prize in the Solana Riptide hackathon.
Backpack
Wallets
Exchanges
DeFi
Backpack is the ultimate mobile wallet for all your cryptocurrency needs. With Backpack, you can easily store, send, and receive Solana and Ethereum tokens. Plus, it's the first wallet designed specifically for xNFTs, so you can easily manage all your digital assets. Backpack also lets you swap tokens, message friends, trade NFTs, use decentralized applications, receive notifications, and even connect your ledger.
Beluga Protocol
DeFi
Beluga is a decentralized exchange and liquidity pool on Solana designed for extremely efficient trading between similarly priced (pegged) assets. With Beluga protocol, users on Solana blockchain can expect a platform that solves the impermanence loss and price slippage issues they face constantly.
Everlend
DeFi
Everlend is a decentralized, cross-chain lending protocol with yield farming and liquid staking powered by Solana. Built by AtticLab and Everstake.
Atrix Protocol
DeFi
Atrix is an Automated Market Maker built on the Solana blockchain. Projects can use Atrix to set up custom liquidity pools in Serum quickly and without coding.
Synthetify
DeFi
Synthetify is a simple decentralized protocol for synthetic assets build on Solana. Synthetic assets are backed by SNY tokens. Staking NY gives users participation in a global debt pool, which acts as counterparty for other users to trade against. Participants of the debt pool earn a share of fees generated by exchange of synthetic assets.
StreamFlow Finance
Payments
DeFi
Streamflow is a suite of products that enables organizations (and individuals) to distribute funds by leveraging the speed and decentralization of the Solana blockchain. With Streamflow, users can create simple token vesting contracts, making it increasingly popular for decentralized communities.
Jet Protocol
DeFi
The Jet Protocol is a borrowing and lending protocol that has been built on the Solana blockchain. This protocol is one of the most innovative ones that have been created in recent years and it is ready to take borrowing and lending to the next level. The transaction costs are very low, the speed is high, and the scalability is great. Users will also be able to look forward to Jet's innovative interest bearing products which will be used to create markets on Serum DEX.
Aldrin
DeFi
Exchanges
Aldrin is a decentralized exchange with a mission is to simplify DeFi and create powerful tools to help all traders succeed, leading to more equality.
Hawksight
DeFi
Hawksight is a DeFi Yield Aggregator built on the Solana blockchain network. With this DApp, you are able to easily earn yields from your tokens through the DeFi protocols on Solana.
Swim
DeFi
Swim is a multi-chain AMM for native assets, designed to make bridging stablecoins between ecosystems as easy as possible. Swim eliminates the need for wrapped assets by allowing users to swap from a native asset from one blockchain to another with little friction. Swim’s solution reduces the barriers faced by users when performing cross-chain transactions, enabling true interoperability in the crypto universe.
Francium
DeFi
Francium is a DeFi Strategy Platform on Solana that offers multiple ways to generate yield. With Francium, you can partake in leveraged yield farming, delta neutral trading strategies, and even loan out your assets.
Nirvana
DeFi
Nirvana is two sides of wealth in one: volatility & stability. The NIRV token concentrates liquidity & de-risks stablecoins, bundling a diverse reserve into a single asset. NIRV is fully collateralized by a portfolio of stablecoins, and delegates its peg to them. The ANA token is a yield-bearing instrument, with a rising floor-price, algorithmically designed to rise perpetually and smoothly.
Mango
DeFi
Mango is a decentralized, cross-margin trading platform with up to 5x leverage with integrated limit orders on Serum DEX’s on-chain order book. Makers or takers can earn interest on deposits and margin positions, as well as trade with near zero fees thanks to Solana’s high-performance blockchain. Additionally, users can contribute SRM into a shared pool, reducing the for all traders on the platform. Congrats, Team Mango!
UXD Protocol
DeFi
Stablecoins are digital currencies that are designed to be used as a medium of exchange. These coins are usually pegged to another currency or asset such as gold, fiat money, or Bitcoin. In this case, the stablecoin is called UXD and it is backed by a delta neutral (risk free) derivatives position. Users can mint and redeem the stablecoin without having to give up access to their Solana wallet. Also, the stablecoin doesn't need to be over-collateralized to borrow funds. This means that users can get access to more capital than they could if they had to use traditional banking methods.
Tulip Protocol
DeFi
Tulip is a dApp (decentralized application) designed to take advantage of Solana's low cost, high efficiency blockchain; allowing the vault strategies to compound frequently. This benefits farmers with higher APYs, not requiring active management, and lower gas fees.
Crema Finance
DeFi
Crema Finance is a powerful liquidity protocol built on Solana that provides superior performance for both traders and liquidity providers. It introduces a series of innovations to the ecosystem from concentrated liquidity market maker to LP NFT farming.
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