Author: DefiSolar

Compiled by BlockBeats

Editor's note:

With the recent 'value discovery' of projects such as Raydium, Kamino, and Drift, Solana Decentralized Finance has become the focus of the market follow.

According to incomplete statistics, in the past three years, more than 60,000 developers have participated in Solana's hackathons, with over 4,000 projects launched, accumulating a total financing of over 600 million US dollars, and giving birth to star projects such as Jito, Tensor, io.net, Marinade, and Solend.

In order to find the next star of the Solana ecosystem, this article has compiled the high-quality Decentralized Finance projects in the latest Solana hackathon Solana Radar. The following is the full text of the article.

There are many treasures hidden in the Decentralized Finance track. I have browsed through every Solana Colosseum Radar Hacker hackathon application, so you don't need to look again.

Here are the top 7 I like:

1.Neutral Trade

Built by experienced quantitative experts and traders, they make complex strategies available to everyone. One of the most popular strategies is the "SOL Super Stake", based on Drift and Jupiter's JLP, with an annual yield of up to 37%.

2.Watt Protocol

This is unprecedented on Solana, essentially a volatile Mining protocol that generates returns for stake assets using different strategies. You can use any Token, such as popcat or retardio, and earn profits from it. Currently not yet online.

3.Titan

Jupiter's direct competitor, which 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. Let's wait for the Mainnet to go live.

4.Oro

• tokenization gold.
• Annual Percentage Rate is 4%
• Available for Solana Decentralized Finance

Has been regulated and established cooperation with leading gold suppliers.

5.Hylo

This is a new generation stablecoin supported by SOL, which is expected to succeed on Solana. It consists of two parts: hyUSD (stablecoin) and xSOL (a tokenization of SOL leveraged long position). The synergy between the two is very attractive.

6.Squeeze

This is one of the most innovative ideas I have seen in the memecoin/defi field. It is similar to pumping FUN, but whenever a new Token is launched, the initial Token Liquidity can be borrowed to enable both long and short positions from the start. This will allow for short squeezes on small Market Cap Tokens.

7.Moose Capital

When it comes to on-chain gold, let's further understand more real-world assets (RWA), such as stocks and government bonds. Moose allows you to purchase stocks/bonds in the TradFi market on the same app and then tokenize them for use in Decentralized Finance. It has obtained regulation, get ready.

Other projects like @reflectcx, @_bulktrade, @robotter_ai, and @TheArenaDotFun have also caught my attention, but I can't include all of them. I encourage you to research these projects on your own.