The State of DeFi on Solana
Updates from the Solana DeFi ecosystem so far this week 👇
■
@Kamino’s institutional commodity yield vault surpassed $50M in deposits, targeting 7%+ yield through fully collateralized commodity loans.
■
@GMTrade_XYZ recorded $420K in daily revenue, driven by Season 2 of its GT points buyback.
■
@Raydium recorded its highest weekly revenue since August 2025.
■
@Byreal_IO surpassed $5B in total volume, one year after its public relaunch.
■
@Sunrise listed assets reached a record ~$980M in weekly spot volume across 80+ assets.
■
@Solana captured 80% of weekly memecoin DEX volume, exceeding the combined share of other chains.
■
@Floydex_com launched a Solana hybrid order book for tokenized stocks and crypto perpetuals.
■
@Flint_Trade_ announced a fully onchain Solana perpetuals DEX with cross-margin and multi-collateral support in development.
■
@FermiTrade launched its Solana perpetuals exchange.
■
@Kamino_Swap integrated Binance Wallet routing, expanding swap routes with zero fees and no route bias.
■
@Jupiter_Manage and
@Jupiter_Trade integrated TX v1, improving execution across Jupiter’s trading infrastructure.
■
@Metaplex introduced MPL 3643, a tokenized securities standard with embedded compliance controls.
■
@DomaProtocol launched Frontier on Solana via Loopscale, bringing domain-based vaults and points onchain.
■ @OUSD /
@Stablecoin went live on Solana, enabling 1:1 minting and redemption through supported infrastructure.