icon_install_ios_web icon_install_ios_web icon_install_android_web

7 DeFi projects worth watching at the Solana hackathon

Analysis1wks agoreleased 6086cf...
35 0

Original author: DefiSolar

Original translation: BlockBeats

Editors note: With the recent value discovery of projects such as Raydium, Kamino and Drift, Solana DeFi has become the focus of market attention. According to incomplete statistics, in the past three years of Solanas hackathons, 60,000+ developers participated in the hackathons, 4,000+ projects were launched, and the cumulative financing exceeded 600 million US dollars, and star projects such as Jito, Tensor, io.net, Marinade, and Solend were born. In order to find the next Solana ecosystem star, this article sorted out the high-quality DeFi projects in the latest Solana hackathon Solana Radar. The following is the full text of the article.

There are many hidden gems in the DeFi space. I鈥檝e walked through every Solana Colosseum Radar hackathon app so you don鈥檛 have to.

Here are my top 7 picks:

1. Neutral Trade

Built by experienced quantitative experts and traders, they make complex strategies accessible to everyone. One of the most popular strategies is SOL Super Staking, based on Drift and Jupiters JLP, with an annual return of up to 37%.

7 DeFi projects worth watching at the Solana hackathon

2. Watt Protocol

This is something that has never been seen before on Solana. It is essentially a volatility mining protocol that uses different strategies to generate returns for staked assets. You can use any token, such as popcat or retardio, and earn returns from it. It is not yet online.

7 DeFi projects worth watching at the Solana hackathon

3. Titan

Jupiters direct competitor has raised $3.5 million and claims to offer better exchange rates. Tests show that Titan can provide users with a better exchange path in 81% of cases. Lets wait for the mainnet to go live.

7 DeFi projects worth watching at the Solana hackathon

4.Oro

Tokenized gold.

Annualized rate of return is 4%

Can be used for Solana DeFi

Already regulated and in partnership with leading gold suppliers.

7 DeFi projects worth watching at the Solana hackathon

5. Hylo

This is a new generation of SOL-backed stablecoins that is expected to be successful on Solana. It consists of two parts: hyUSD (stablecoin) and xSOL (a tokenized SOL leveraged long position). The synergy between the two is very attractive.

7 DeFi projects worth watching at the Solana hackathon

6. Squeeze

This is one of the most innovative ideas I have seen in the memecoin/defi space. It is similar to pump fun, but whenever a new token is launched, the initial token liquidity can be borrowed to go long and short from the beginning. This will allow short squeezes on small market cap tokens.

7 DeFi projects worth watching at the Solana hackathon

7. Moose Capital

After talking about on-chain gold, let鈥檚 move on to more real-world assets (RWAs) like stocks and treasuries. Moose allows you to buy stocks/bonds from traditional financial markets on the same app, and then tokenize them for use in DeFi. It鈥檚 regulated, so get ready.

7 DeFi projects worth watching at the Solana hackathon

Other projects like @reflectcx, @_bulktrade, @robotter_ai and @TheArenaDotFun also caught my attention, but I couldnt include them all. I encourage you to do your own research on these projects.

Original link

This article is sourced from the internet: 7 DeFi projects worth watching at the Solana hackathon

Related: As a meme trendsetter, does Moonshot really have a coin listing effect?

Original | Odaily Planet Daily ( @OdailyChina ) Author|Nan Zhi ( @Assassin_Malvo ) Recently, the Meme trading platform Moonshot has gained popularity and has been praised by many posts on the X platform as a small Binance on the chain, claiming that it has solved the last mile problem of Meme tokens and has a strong listing effect. (Note: The author checked 9 articles introducing Moonshot and found that 6 of them had recommended links, showing a clear tendency to benefit from promotion.) So does Moonshot really have a significant listing effect ? If so, is it short-term or long-lasting? Odaily will review the data in this article. Basic information Statistical objects: This article counts the 13 tokens launched on Moonshot in the past ten days, excluding tokens from other…

© Copyright Notice

Related articles