Posts in DeFi.
Kamino has launched Fixed Rates, a fixed-rate, fixed-term credit market built directly into Kamino Lend, with the first loans already originated in private beta. Borrowers set a rate ceiling and a term through Borrow Intents, while lenders quote terms through Conditional Liquidity without pulling capital out of the variable-rate reserves where it is already earning.
Velocity, the Solana perps exchange formerly known as Drift, opened a private beta with a 0.02% fee tier applied from a trader's first trade. The rebuild follows Drift's $285 million hack in April 2026, and traders can now earn yield on the same SOL or USDT balance that backs their positions.
Solana Mobile has launched the USDC Earn Vault in Seed Vault Wallet, giving Seeker owners a one-tap way to earn variable yield on USDC through Kamino's SOL/BTC lending market. It routes 95% of deposits into the lending pool and keeps 5% in reserve, with no lockup, no minimum deposit, and a flat 0.25% annual fee already netted out of the APY on your home tab.
Nexus Mutual has extended DeFi coverage to Solana for the first time, with live listings for Kamino, Raydium, Orca, and Jupiter spanning roughly 90% of Solana lending deposits. The mutual has paid 100% of valid claims across more than $7 billion in cover written over seven years, all of it previously confined to Ethereum and other EVM chains.
Jupiter has launched Lend v2, letting deposits and borrowed assets earn DEX trading fees on top of their usual yield through two new features, Smart Collateral and Smart Debt. The upgrade runs on Fluid's shared liquidity layer and is designed to put Jupiter Lend's $1.9 billion in deposits to work as active liquidity instead of a static backstop.
Titan has integrated Hylo V2 into its Argos router, giving Titan users access to the full Hylo product suite at router-selected prices. Trades hit Hylo's mint and redeem functions directly against the protocol's multi-collateral architecture, covering hyUSD, eHYUSD, xSOL, xBTC, and any future xAssets.
0x opened its Swap API on Solana to all developers in beta, giving apps and wallets one endpoint that returns DEX quotes and ready-to-sign swap instructions. Solana is the first non-EVM network 0x has supported, and Kamino and Titan were both routing trades through it during the closed beta.
Kamino opened Institutional Commodity Yield, a USDC vault targeting 7% to 8% APY by financing short-term commodity trades instead of lending against crypto collateral. It launched with a $25 million deposit cap, routes capital through a fund supervised by the Cayman Islands Monetary Authority, and publishes the full loan portfolio in the vault UI.
Raydium has launched Permissioned AMMs, a new pool type that lets issuers of KYC-gated and regulated assets trade on Solana's deepest liquidity without building a venue of their own. Superstate, an SEC-registered transfer agent, is the first service partner to integrate.
Melee has published the litepaper for its Parimutuel Market Maker (PMM), a Solana liquidity design that gives any prediction market a tradable price from the first dollar, with no professional market makers. Here's how the PMM fixes what broke AMMs, order books, and classic parimutuel pools.
