1/ [Realized APY] Headline APY is not a reliable comparison metric. Protocols use different timeframes, and assumptions. The result is often a marketing figure rather than a consistent measure of returns. That is not the information standard a credible capital market requires.

New on YieldCompass: live GDI (Geographic Decentralisation Index) tracking for Solana LSTs. - GDI score + rank - Validator count - Client diversity - Country + ASN decentralisation - Full validator allocation One more layer of transparency when comparing LSTs.

5/ This is the final post in this thread.

4/ Where we stand today: 18 protocols monitored 44 strategies rated $4.1B in TVL assessed We’re building toward full coverage of Solana DeFi and the information standard a credible capital market requires. Visit our app to learn more: yieldcompass.fi/

3/ Everything is standardized under one methodology for like-for-like comparability, then delivered through one app and one API for evaluating yield opportunities across the Solana DeFi universe.

2/ YieldCompass provides a common analytical framework for evaluating DeFi strategies. For every strategy covered, we track: - Realized APY - Transparent risk ratings - TVL - Exit & liquidity - Capital allocation - Code status - Dependency breakdown - Holder concentration

1/ DeFi does not have a yield problem. It has an information standards problem. Better data and common standards are essential for DeFi to earn trust and mature into a credible capital market. We recently launched YieldCompass V2 to close that gap on @solana. ↓

bpSOL and dzSOL are now live on YieldCompass and tracked across: Realized APY Risk rating TVL Code status Exit and Liquidity Capital allocation (validator breakdown) And more. Explore the respective strategy directly on the YieldCompass app. yieldcompass.fi/

1/ New strategies live on YieldCompass. @AllezLabs USDC, Allez SOL, & @SentoraHQ PYUSD on Kamino are now tracked across: Realized APY Risk rating Capital allocation Code status Exit & Liquidity And more Here’s what to know about these strategies + our new app features ↓

There is a notable outlier on the YieldCompass Yield × Risk Map. VLP by @thevaultfinance: 14D Realized APY (SOL): 10.16% Risk rating: B (82.6/100) TVL: $220k VLP generates yield by providing SOL liquidity to LST holders and stakers seeking immediate exit rather than waiting through Solana’s unstaking period. Those users pay a fee for access to that liquidity, which is distributed to VLP depositors. The yield mechanism is relatively straightforward, while the strategy remains underfollowed, as reflected by its current TVL. More strategy-level risk and return data available on YieldCompass. Link in bio.

A credible capital market cannot be built on headline APYs, opaque risk and fragmented data. Introducing YieldCompass V2. The analytical layer to evaluate and compare yield opportunities on @solana. Visit the app: yieldcompass.fi/

VLP remains under the radar: consistently among the top SOL strategies on YieldCompass on a risk-adjusted basis, yet still holding relatively limited TVL. Realized APY (14D): 8.03% Risk rating: B (82.6) TVL supplied: $366k Here is a recap of how VLP works: Depositors supply SOL to The Vault’s Unstake Pool and receive VLP. The pool provides instant exit liquidity to LST holders who want to swap into SOL without waiting through Solana’s epoch cooldown. Yield comes from the dynamic fee paid by LST holders for this instant liquidity. The fee starts at 0.025% when liquidity is healthy and scales linearly up to 1% as the pool’s available SOL declines. Of the fees collected, 80% accrues directly to the VLP pool. Main risk factors to note: 1/ Exit and liquidity VLP can be redeemed for SOL immediately as long as the pool holds sufficient liquid SOL. When available SOL is depleted, withdrawals must wait for the underlying LST stake to deactivate, typically one Solana epoch. Exit times may be longer during periods of elevated demand for instant liquidity. 2/ Protocol architecture The protocol has undergone three audits from Halborn, OShield, and Codespect V2. One critical issue was identified and resolved before deployment. The upgrade authority is controlled by a 4-of-7 multisig, but there is no onchain timelock between approval and execution. 3/ Counterparties VLP has no oracle, bridge, or offchain issuer dependency. Its main dependencies are the SPL Stake Pool program and Sanctum’s stake-pool infrastructure, both of which are among the more extensively audited programs on Solana. Access the full risk assessment directly on YieldCompass. Link in bio.

SOL lending on @kamino Main Market is currently the top risk-adjusted opportunity on YieldCompass. Realized APY (14D): 8.13% Risk rating: B (90.5) TVL supplied: $199.79M The elevated yield is being driven by large supplier outflows while borrowing demand stayed constant, pushing utilization and supply APY higher. However, higher utilization improves lender APY, but also compresses instant exit capacity. Anyone allocating here should evaluate both sides of the trade. The other side of this is looping risk. Strategies that rely on borrowing SOL from the main market should also be monitored closely, as higher borrow APY can compress profitability and change the risk/reward of the position. Learn more directly on YieldCompass (link in bio).

We would like to thank @colosseum for selecting YieldCompass as one of Frontier’s winners. This only reinforces our conviction: the yield universe on Solana is growing faster than the information standards needed to support it. That gap leads to suboptimal capital allocation for users. If DeFi wants to become a serious alternative to TradFi, it needs better transparency standards. YieldCompass closes that gap by building the intelligence layer for capital allocation on @solana. Realized APY tracking. Transparent risk ratings. Strategy-level comparison. All data sourced, standardized, and curated in-house.

INSIGHT: @kamino Main Market is currently offering the highest SOL lending APY among the venues we are tracking. Current SOL lending realized APYs (14D): - Kamino Main Market: 7.02% -Jupiter Lend: 4.85% -Project 0/MarginFi: 4.33%

This means suppliers are not only underwriting Kamino smart contract risk or lending logic. If the underlying home loans deteriorate or default, that risk can move up the stack and impair PRIME as collateral, even if the oracle and Kamino infrastructure work as designed.

It sits on a real-world credit stack: - @Figure originates and services the underlying HELOC loans - @HastraFi issues the PRIME token layer - @chainlink provides the oracle feed (a second oracle dependency on top of Kamino's own)

4/ Main counterparty: PRIME Prime market uses the same Kamino lending infrastructure, but it is not the same risk profile as Kamino Main Market. Here, borrowers are backed by PRIME, a token tied to Figure-originated HELOC (Home Equity Line of Credit) exposure.

3/ Oracle dependency (lending market): Prime market relies on Kamino’s Scope oracle infrastructure. Scope aggregates multiple price sources, including Pyth, Switchboard, and Chainlink, with smoothing, price bands, and anomaly checks before prices are used by the lending engine.

2/ Kamino infrastructure: Prime runs on Kamino Lend, which has one of the strongest technical setups in Solana DeFi: -20 audits across 5 firms -$1.5M bug bounty -open-source code -zero historical bad debt -5/10 Squads multisig with 12h timelock -isolated market design