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DeFi

News › DeFi

Circle Mints $250M USDC on Solana as Weekly Issuance Tops $1.25 Billion

Circle Mints $250M USDC on Solana as Weekly Issuance Tops $1.25 Billion

Circle's $250M USDC mint on Solana on August 20 brought the week's issuance to $1.25B, reflecting demand from DeFi protocols and institutional settlement.

Solana 🧭 Compass · Aug 22, 2026
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Re Finance's reUSD Market on Kamino Crosses $20M Eight Days After Launch

Re Finance's reUSD Market on Kamino Crosses $20M Eight Days After Launch

Kamino's reUSD lending market crossed $20M in total market size eight days after launch on August 13, with the initial supply cap filling in 76 minutes.

Solana 🧭 Compass · Aug 21, 2026
Seeker Summer Round 4 Goes Live With Mesh Mining, Mobile Gaming, and DeFi: Deadline August 26

Seeker Summer Round 4 Goes Live With Mesh Mining, Mobile Gaming, and DeFi: Deadline August 26

Solana Mobile closes out Seeker Summer with Round 4: MINE mesh mining, Mattlefun, Bakeland MMORPG, and backyard.fi DeFi quests. Deadline August 26 at 2pm UTC.

Solana 🧭 Compass · Aug 21, 2026
FOMO Social Trading App Enters US iPhone Finance Top 3, Surpassing Cash App

FOMO Social Trading App Enters US iPhone Finance Top 3, Surpassing Cash App

FOMO, the Solana-based social copy-trading app, reached the US iPhone Finance top three on August 21, pushing Cash App to #4 behind Capital One and PayPal.

Solana 🧭 Compass · Aug 21, 2026
Arbital Opens to the Public on Solana After $1.35B in Private Volume

Arbital Opens to the Public on Solana After $1.35B in Private Volume

Arbital opened public access on Solana on August 21 after seven months of private beta, logging $1.35B traded, 2,700 traders, and $435M monthly volume.

Solana 🧭 Compass · Aug 21, 2026
Ramp Adds x402 AI Agent Wallets on Solana, Giving 70,000+ Businesses Autonomous Payment Capabilities

Ramp Adds x402 AI Agent Wallets on Solana, Giving 70,000+ Businesses Autonomous Payment Capabilities

Ramp's x402 integration in alpha lets AI agents fund USDC wallets on Solana with corporate spend controls and audit trails for 70,000+ business customers.

Solana 🧭 Compass · Aug 21, 2026
Solflare Launches Merchant Cashback, Earning USDC at Nike, Best Buy, and 4,000+

Solflare Launches Merchant Cashback, Earning USDC at Nike, Best Buy, and 4,000+

Solflare's Merchant Cashback pays USDC to your self-custody wallet at Nike, Best Buy, Sephora, and 4,000+ retailers, with no points, no tiers, and no expiry.

Solana 🧭 Compass · Aug 17, 2026
Jupiter Portfolio v2 Adds Active DeFi Position Management to Solana's Most-Used Dashboard

Jupiter Portfolio v2 Adds Active DeFi Position Management to Solana's Most-Used Dashboard

Jupiter Portfolio v2 upgrades Solana's DeFi dashboard from read-only tracker to active management with borrowing, lending, swapping, and weekly PnL reports.

Solana 🧭 Compass · Aug 17, 2026
Raydium LaunchLab Mandates CPMM-Only Graduation and Locks Creator LP at Token Migration

Raydium LaunchLab Mandates CPMM-Only Graduation and Locks Creator LP at Token Migration

Raydium's LaunchLab upgrade mandates CPMM for new launches, locks creator LP alongside the platform share at graduation, and adds configurable quote assets.

Solana 🧭 Compass · Aug 17, 2026
Solana's Native Token Is Now Tradable on the XRP Ledger's Built-In DEX

Solana's Native Token Is Now Tradable on the XRP Ledger's Built-In DEX

Axelar bridged SOL to the XRP Ledger native DEX. Three frontends support

Solana 🧭 Compass · Aug 16, 2026
FOMO Tops Hyperliquid in 24-Hour Protocol Revenue as Solana Copy-Trading App Extends Its Run

FOMO Tops Hyperliquid in 24-Hour Protocol Revenue as Solana Copy-Trading App Extends Its Run

DeFiLlama data shows Solana-based FOMO copy-trading app surpassing Hyperliquid in 24-hour protocol revenue on Aug 16, continuing a pattern first seen Aug 8-9.

Solana 🧭 Compass · Aug 16, 2026
Bank Leumi Becomes First Israeli Bank to Offer Bitcoin, Ether, and Solana Trading

Bank Leumi Becomes First Israeli Bank to Offer Bitcoin, Ether, and Solana Trading

'Bank Leumi becomes the first Israeli bank to offer regulated Bitcoin,

Solana 🧭 Compass · Aug 16, 2026
Helium CEO Says SpaceX's Mobile Strategy Validates Helium's DePIN Approach

Helium CEO Says SpaceX's Mobile Strategy Validates Helium's DePIN Approach

Helium CEO Mario Di Dio says SpaceX's femtocell strategy mirrors Helium's

Solana 🧭 Compass · Aug 15, 2026
Solana Processed $23M in 2026 WSOP Payments, Roughly 6% of All Buy-Ins, Vibhu Norby Says

Solana Processed $23M in 2026 WSOP Payments, Roughly 6% of All Buy-Ins, Vibhu Norby Says

Vibhu Norby tells PokerNews Solana processed $23M in 2026 WSOP buy-ins — roughly 6% of the entire series and more than double the Main Event winner's prize.

Solana 🧭 Compass · Aug 15, 2026
Coinbase Deploys First Solana Smart Contract, Vector Team Cuts DEX Quote Errors 80%

Coinbase Deploys First Solana Smart Contract, Vector Team Cuts DEX Quote Errors 80%

Coinbase's first production Solana smart contract is live: a Vector-team DEX aggregator cutting quote errors 80% and achieving 99.9% token routeability.

Solana 🧭 Compass · Aug 15, 2026
Meteora Reports $140M in LP Fees and $32B in H1 2026 Trading Volume

Meteora Reports $140M in LP Fees and $32B in H1 2026 Trading Volume

Meteora disclosed $140M in LP fees and $32B in trading volume for H1 2026 at its August 13 community call, with 75% of fees from external token pools.

Solana 🧭 Compass · Aug 14, 2026
Anza Publishes Agave 4.3 Release Schedule, Mapping the Rollout That Carries Alpenglow Consensus

Anza Publishes Agave 4.3 Release Schedule, Mapping the Rollout That Carries Alpenglow Consensus

Anza published the Agave 4.3 release schedule on Aug 12. The release carries Alpenglow, which raises fault tolerance from 33% to 40%; its mainnet date is not yet set.

Solana 🧭 Compass · Aug 13, 2026
BitRobot Launches Access ID System, Opening Its Robotics Lab Publicly on Solana

BitRobot Launches Access ID System, Opening Its Robotics Lab Publicly on Solana

BitRobot launched public applications for its Open Robotics Lab on August

Solana 🧭 Compass · Aug 13, 2026
Solana Mobile Allocates 29M SKR for Seeker Summer Round 3, Claimable August 13

Solana Mobile Allocates 29M SKR for Seeker Summer Round 3, Claimable August 13

Solana Mobile allocated 29M SKR for Seeker Summer Round 3, claimable August 13 at 4PM UTC in the Seed Vault Wallet. The largest allocation in the series.

Solana 🧭 Compass · Aug 12, 2026
Jupiter Lend v2 Lets Deposits and Borrowed Positions Earn DEX Swap Fees

Jupiter Lend v2 Lets Deposits and Borrowed Positions Earn DEX Swap Fees

Jupiter Lend v2 launches Smart Collateral and Smart Debt, letting deposits and borrowed positions earn lending yield and DEX swap fees simultaneously on Solana.

Solana 🧭 Compass · Aug 12, 2026
Perena Launches SOL*, Targeting 3–5% More Yield Than Liquid Staking Tokens

Perena Launches SOL*, Targeting 3–5% More Yield Than Liquid Staking Tokens

Perena and Kestrel Finance introduce SOL*, targeting 3–5% extra yield above Solana LSTs via delta-neutral carry strategy while keeping full SOL price exposure.

Solana 🧭 Compass · Aug 11, 2026
Galaxy Research: Solana Held DEX #1 for Seven Consecutive Quarters as RWAs Crossed $3 Billion

Galaxy Research: Solana Held DEX #1 for Seven Consecutive Quarters as RWAs Crossed $3 Billion

Galaxy Research's Q2 2026 Solana report: DEX #1 for seven quarters at 30% share, RWAs crossed $3B, fees fell 44%, and GMTrade farming distorted perps volume.

Solana 🧭 Compass · Aug 11, 2026
Lily Liu Defends Solana Foundation Against Perps Kingmaking Claims as Flash Trade Exits

Lily Liu Defends Solana Foundation Against Perps Kingmaking Claims as Flash Trade Exits

Solana Foundation president Lily Liu rejected kingmaking claims and outlined an open meritocracy stance after Flash Trade's exit sparked a governance debate.

Solana 🧭 Compass · Aug 11, 2026
Jito Q2 2026: Protocol Revenue Falls 45% to $1.28M as BAM Reaches 33% of Solana Stake

Jito Q2 2026: Protocol Revenue Falls 45% to $1.28M as BAM Reaches 33% of Solana Stake

Blockworks Advisory's Q2 2026 Jito report shows protocol revenue fell 45% to $1.28M. BAM hit 33% of Solana stake while JTX launched with JIP-38 JTO buybacks.

Solana 🧭 Compass · Aug 10, 2026
Clustly Launches GenOS Agent Network and Lists USDC Tipping Endpoint on Solana Foundation's pay.sh

Clustly Launches GenOS Agent Network and Lists USDC Tipping Endpoint on Solana Foundation's pay.sh

Clustly launched GenOS, its AI agent orchestration network, on August 10, and listed a USDC tipping endpoint on Solana Foundation's pay.sh service directory.

Solana 🧭 Compass · Aug 10, 2026
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