Solana DeFi grew 6x in 18 months. Faster, cheaper, and catching Ethereum. Here are the 5 protocols running it.
Jupiter is Solana's DEX aggregator. $2.3 billion in daily swap volume. 85% of all Solana DEX activity routes through Jupiter. JUP stakers earn 30% of fees.
Kamino Finance ($1.8B TVL) offers automated yield strategies: 7% on USDC, 8–12% on SOL, 18–22% on leveraged SOL. Fastest-growing lending protocol in all DeFi.
Marinade is Solana's largest liquid staking protocol with $2.1B TVL. Stake SOL → get mSOL → use mSOL in other protocols for extra yield. Up to 14% blended.
65,000 TPS. $0.0001 fees. Sub-second finality. Retail DeFi is only practical at Solana's cost level — not Ethereum's $5–50 gas fees.
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