Solana Defi
Solana DeFi guide: Jupiter DEX aggregator, Raydium, Orca, Drift perpetuals, Kamino lending, MarginFi, Jito liquid staking. Live TVL data from DeFiLlama. Compare Solana protocols with 65K+ TPS, sub-second finality, minimal fees. Trading, lending, staking, bridges analyzed.
Solana's high-performance architecture enables DeFi protocols that operate at speeds approaching centralized exchanges—processing 65,000+ theoretical transactions per second with sub-second finality and fees typically under $0.01. This performance advantage has attracted a thriving DeFi ecosystem with $8+ billion in TVL across trading, lending, and liquid staking.
Unlike Ethereum's Layer 2 scaling approach, Solana achieves speed through optimized Layer 1 design using Proof of History and parallel transaction processing. All protocols below operate on Solana mainnet, eliminating the need to bridge between networks. However, always verify token contract addresses and use official protocol interfaces to avoid counterfeit tokens—a particular concern in Solana's fast-moving memecoin culture.
💱 DEX Aggregators & Trading
Solana's high-speed infrastructure enables sophisticated trading platforms. From DEX aggregators routing across multiple liquidity sources to perpetual futures with up to 250x leverage—all with sub-second execution and minimal fees.
| Protocol | Key Feature | TVL* |
|---|---|---|
| Jupiter | Dominant DEX aggregator with 62% market share, perpetuals & lending | Loading... |
| Raydium | Leading AMM with concentrated liquidity and order book hybrid | Loading... |
| Orca | User-friendly AMM with Whirlpools concentrated liquidity | Loading... |
| Phoenix | High-performance on-chain orderbook DEX | Loading... |
| Meteora | Dynamic liquidity pools with adaptive fees | Loading... |
| Drift Protocol | Perpetuals DEX with cross-margined positions | Loading... |
🏦 Lending & Borrowing
Overcollateralized lending protocols on Solana offering instant settlement and competitive yields. Borrow against crypto collateral or earn yield on deposits with Solana's speed advantages.
| Protocol | Key Feature | TVL* |
|---|---|---|
| Kamino Finance | Automated liquidity and lending optimization platform | Loading... |
| MarginFi | Decentralized margin trading and lending protocol | Loading... |
| Solend | Algorithmic money market protocol | Loading... |
| Jupiter Lend | High LTV lending (90-95%) with Fluid protocol integration | Loading... |
💧 Liquid Staking
Stake SOL while maintaining liquidity through derivative tokens. These protocols unlock staked capital for use across Solana DeFi while earning validator rewards.
| Protocol | Key Feature | TVL* |
|---|---|---|
| Jito | MEV-optimized liquid staking with JitoSOL derivative | Loading... |
| Marinade Finance | Multi-validator liquid staking with mSOL token | Loading... |
| Jupiter (JupSOL) | Solana's second-largest validator with liquid staking | Loading... |
| Sanctum | Liquid staking router aggregating multiple LST protocols | Loading... |
🌉 Cross-Chain Bridges
Move assets between Solana and other blockchains. These protocols enable seamless value transfer across ecosystems while maintaining security and speed.
| Protocol | Key Feature | TVL* |
|---|---|---|
| Wormhole | Leading cross-chain messaging protocol connecting 30+ chains | Loading... |
| AllBridge | Fast bridge for stablecoins and major assets | Loading... |
| Mayan Finance | Cross-chain swap aggregator with atomic swaps | Loading... |
| deBridge | Cross-chain interoperability with native liquidity | Loading... |
🔐 Oracles & Infrastructure
Critical infrastructure providing real-time price feeds, randomness, and data to Solana protocols. These services power DeFi operations with reliable off-chain data.
| Protocol | Key Feature | TVL* |
|---|---|---|
| Pyth Network | High-frequency oracle with 350+ price feeds from institutional sources | Loading... |
| Switchboard | Decentralized oracle network with customizable feeds | Loading... |
| Chainlink | Cross-chain oracle infrastructure expanding to Solana | N/A |
🎯 Specialized Protocols
Innovative protocols pushing Solana's boundaries. From prediction markets to NFT liquidity and decentralized physical infrastructure networks (DePIN).
| Protocol | Key Feature | TVL* |
|---|---|---|
| Parcl | Real estate price exposure through synthetic assets | Loading... |
| Squads Protocol | Multi-signature wallet and treasury management | Loading... |
| Tensor | Professional NFT trading with advanced tools | Loading... |
| Helium | Decentralized wireless network (DePIN) | N/A |
💵 Stablecoins
🚧 Comprehensive Stablecoin Analysis
Solana stablecoins including USDC (native), USDT, PYUSD, UXD Protocol, and upcoming JupUSD.
Explore More Solana Analysis:
← Solana Scorecard | Jupiter Deep Dive → |
*TVL Data: Total Value Locked figures are fetched live from DeFiLlama. Data updates automatically on page load. Some protocols may show N/A if TVL data is not tracked separately.
Research Disclaimer: These protocol listings serve as educational starting points for Solana DeFi research. Always conduct thorough due diligence, verify smart contract audits, and understand protocol risks before interacting with any DeFi application. Solana's high speed enables complex strategies but also requires careful risk assessment. Past performance does not guarantee future results.