Solana DeFi

Every protocol I use to earn yield and offramp on Solana — with security audits, APYs, and liquidity details and things you need to know before actually using it.

Money Markets 3 Leverage & Yield Trading 2 Yield Bearing Stablecoins 3 Stocks On-Chain 2 Perp DEXes 2 Crypto Neobanks 4 Liquidity Provision 2

Money Markets

Lending, borrowing, looping, leverage.

Lend, borrow, loop, provide liquidity, leverage. The flagship Solana money market.

APY5–30%+ — Multiply USDC

TVL$1.8B · High liquidity

SEC18 audits · Open source

MSIG5/10 · 12h timelock

Lending vaults, borrow, multiply. Jupiter's lending layer.

APY4–30%+ — Multiply

TVL$1.2B · High liquidity

SEC7 audits · Open source

MSIG6/10 · 12h timelock

Lending vaults, borrow, loop. Higher yields, smaller TVL.

APY4–27% — Loop

TVL$84M · Mid liquidity

Leverage & Yield Trading

Fixed yields, leveraged farms, no-liquidation strategies.

Leverage with no liquidation. Stake SOL, stake hyUSD for sHYUSD.

APY12% — Staking

TVL$43M · Mid liquidity

SEC2 audits · Risk dashboard

@ExponentFinance

Leverage farm, lock fixed yields, provide liquidity.

APY5–13% — USX Fixed

TVL$83M · High liquidity

SEC2 audits · Open source

Yield Bearing Stablecoins

Stables that earn yield — backed by RWA, payments, reinsurance.

Yield-bearing stable from real-world payments and credit on-chain. Plus a loop vault.

APY30% — Vault (PST 14%)

TVL$170M · High liquidity

MSIG3/5 · 12h timelock

Yield-bearing token, yield from real-world reinsurance contracts.

APY10% — ONyc

TVL$173M · High liquidity

SEC5 audits · Transparency dashboard

U.S. real estate-backed lending on USDC. Powered by @Figure.

APY8% — PRIME

TVL$600M+ · High liquidity

Stocks On-Chain

Public equities, tokenized for DeFi.

Over 100 tokenized stocks and ETFs, live on 6 blockchains and on centralized exchanges.

APYPrice exposure

TVL$430M · $30B vol · 130k holders

First vaults for xStocks. Deposit NVDAx, earn USDC yield.

APY6–19% — pbUSDC

TVL$4M · Mid liquidity

Perp DEXes

Decentralized perpetual futures trading.

High-performance on-chain perpetuals DEX on Solana with crankless orderbook for ultra-low slippage and precise execution.

TVL$1.7M · Mid liquidity

SEC2 audits · Open source

Hyper-performant perpetuals DEX on Solana built for institutions & HFT. Sub-20ms latency, CEX-like execution.

SEC1 audit · Open source

Crypto Neobanks

Spend, save, and earn on-chain.

Self-custodial. Spend USDC/crypto anywhere with Jupiter's on-chain Visa card. Earn cashback with seamless fiat-like payments.

APYUp to 10% — USDC cashback

FEES0% top-up · 1–1.8% FX (non-USD)

AREAS100+ countries · 34 US states

PERKSQR (0% APAC) · Virtual USD/GBP/EUR · Remittances 200+

Self-custodial neobank with Visa credit card. Deposit crypto, spend anywhere without selling — full control via smart contract wallet.

APY10% — Cashback

FEES0% top-up · No fx/tx

AREAS100+ incl. USA (no UK)

PERKSPhysical card

Self-custodial crypto credit card neobank. Spend against holdings without selling, plus high-yield savings and cashback.

APY2% cashback · 16% savings

FEES0% top-up · 0.5% non-USD

AREAS160+ incl. USA

PERKSTiers (Silver/Gold/Platinum) · Lounges · Concierge · XP rewards

Kosh by Copperx — the best crypto-to-bank offramp. Global financial account for freelancers & creators with USD virtual accounts, Visa card, and instant on-chain stablecoin payouts.

FEESCompetitive

AREAS90+ countries · Freelancer focus

PERKSVirtual US bank · Stablecoin payouts · Travel rewards

Liquidity Provision

Provide liquidity, earn fees.

Leveraged liquidity provision on Solana. Concentrated liquidity + up to 5x leverage for LPs with native AMM and limit orders.

APYVariable · Leveraged LP

TVL$3M · Mid liquidity

Leading dynamic liquidity layer on Solana (DLMM + dynamic pools). Provide liquidity, earn trading fees with automated strategies.

APYUp to 80%+ — Active pools

TVL$344M · High liquidity

SEC3 audits · Bug bounty

Not financial advice. These are protocols I personally use and find interesting on Solana. APYs and TVLs change daily — figures shown reflect a snapshot at time of writing. Always do your own research before depositing. Smart contracts carry risk.