DeFi
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PropAMMs Now Handle Up to 30% of On-Chain DEX Volume, With Solana Accounting for 90% of Global Activity
New DWF Ventures research: propAMMs now take up to 30% of on-chain DEX volume, with Solana hosting 90% of all activity and Jupiter routing 90%+ through them.
Solana 🧭 Compass
Chainlink's LINK Is Now a Canonical Asset on Solana, Bridged from Base via CCIP
Chainlink's LINK is now live on Solana, bridged from Base via CCIP through Sunrise Protocol. Raydium's LINK/USDC pool posted $3.8M in first-day trading volume.
Kamino Vaults Cross $100M in Deposits From Binance Wallet Users
Kamino Finance confirmed $100M in vault deposits from Binance Wallet users, nine days after the DeFi tab integration launched on Solana with $300K in rewards.
Solana Reclaims Daily DEX Volume Lead Over Robinhood Chain, $3.25B to $2.72B
DeFiLlama data for Sept 12 shows Solana at $3.25B in 24-hour DEX volume, $530M ahead of Robinhood Chain, reversing a summer trend since its July 1 launch.
Solana Foundation Launches hackathons.solana.com, a Self-Serve Builder Competition Hub
Solana Foundation launched hackathons.solana.com on September 11, centralizing hackathon discovery, registration, and submission. Stocklana is live with $100K.
ProphetX and Agg Market Bring CFTC-Regulated Sports Prediction Markets to Solana
ProphetX, America's first CFTC-licensed DCM and DCO sports prediction exchange, has partnered with Agg Market to bring its NFL and NBA contracts to Solana.
DoubleZero Removes Unauthorized Shred Retransmitters, Claims 70%-Plus Lead Over All Competitors
DoubleZero removed unauthorized retransmitters from its Edge fiber network on September 9, claiming Solana leader shreds now beat all competitors by 70%+.
Jito BAM Preconfirmations Go Live on Solana, Covering 34% of Network Stake
Jito BAM preconfirmations launched September 9 on Solana mainnet, covering
SIMD-0437 Step 1 Goes Live on Solana Mainnet, Beginning a Five-Phase Rent Reduction
SIMD-0437 Step 1 is live on Solana mainnet. lamports_per_byte falls from 6,960 to 6,333, the first of five cuts targeting a 90% reduction in token account rent.
Arqen Perps Goes Live on Solana With 20 Long-Tail Markets and Community-Funded Isolated Pools
Arqen Perps launches on Solana with 20 perpetual markets for long-tail memecoins, backed by community-funded isolated pools and a pool-vs-trader model.
Kamino Finance Vaults Go Live on Binance Wallet DeFi Tab With $300K Rewards
Kamino vaults are live on Binance Wallet's DeFi tab from September 3, with $300,000 in boosted rewards split across RockawayX USDC and Sentora PYUSD pools.
Jupiter Launches Universal Deposit, Bringing Any-Chain Tokens to Solana USDC
Jupiter launched Universal Deposit on September 2, enabling any-token USDC delivery to Solana from Ethereum, Base, Arbitrum, and Sui for a flat $0.30 fee.
Solana Sells Nine Logo Zones for Nepal Flood Relief, Raising $166K in USDC
Solana auctioned nine logo zones on its X account PFP for Nepal flood
Circle Minted $11 Billion in USDC on Solana in August, Pushing Solana Past 10% of Total Supply
Circle minted roughly $11B in USDC on Solana in August 2026, lifting Solana's circulating supply past $8B and above 10% of total USDC for the first time.
Backpack Exchange Launches Four Equity Perpetuals and Real US Shares as Cross-Asset Collateral
Backpack launched MU-PERP, SNDK-PERP, SPY-PERP, and QQQ-PERP on September 1, with real Micron and SanDisk shares accepted as cross-asset margin collateral.
Flint Trade Joins Frontier Traders as an Official Solana Market-Maker Venue
The Solana Foundation confirmed Flint Trade as a Frontier Traders venue, making volume routed through Flint eligible for VIP rebates and maker incentives.
Solana Processes 5.2 Billion Non-Vote Transactions in August, Surpassing All Other L1s and L2s Combined
Solana's 5.2 billion non-vote transactions in August 2026 beat all other L1s and L2s combined. Validator fee revenue climbed 80% over three months.
21Shares: Solana''s H1 2026 Network Revenue Fell 87% as Memecoin Fees Collapsed
'21Shares: Solana revenue fell 87% to $141M in H1 2026 as memecoins faded;
GMTrade Opens Gold, Silver, and WTI Crude Oil Perpetuals on Solana With 24/7 Trading
GMTrade added gold, silver, and WTI crude oil perpetuals to Solana on September 1, 2026, with Chainlink Data Streams pull-oracle pricing and 24/7 market access.
OpenSea Restores Solana NFT Trading After Four Years, Adding Mad Lads and Claynosaurz to OS2
OpenSea restored full Solana NFT trading on OS2 on August 31, 2026, adding Claynosaurz, Mad Lads, Collector Crypt, and Phygitals as Solana joins 25+ chains.
Raydium Has Bought Back Over 30% of RAY's Circulating Supply Using Protocol
Raydium announced August 31 it has bought back more than 30% of RAY circulating
Fomo Acquires Mobula's On-Chain Data Technology for $17M, Three Engineers Joining the Team
Fomo has acquired Mobula's on-chain data IP and three engineers for $17M, bringing security-enriched token feeds and scam detection infrastructure in-house.
Jupiter Exchange Hits $822K in Single-Day Protocol Revenue, Highest in Seven Months
Jupiter Exchange hit $822,000 in single-day protocol revenue on August 30, its highest in seven months. About half goes to JUP buybacks via the Litterbox Trust.
Solflare Perps Hits $15M in Six Days as Phoenix Trade's Wallet Channel Gains Traction
Solflare Perps crossed $15M in cumulative volume in its first six days, with $13M added in the final three days, powered by Phoenix Trade's on-chain CLOB.
Nolus Protocol Goes Live on Solana With Fixed-Rate Leverage and No Margin Calls
Nolus Protocol launched on Solana on August 28, bringing fixed-rate, asset-backed leverage without margin calls. Osmosis positions wind down by September 5.
Solana Token Markets
