RPS Labs

RPS Labs (also operating as RPS AI) is a San Francisco-based AI infrastructure company that builds on-chain liquidity tooling for the Solana ecosystem, combining real-time blockchain data, AI-powered algorithms, and decentralized liquidity management to make Solana's markets more efficient.

Background and History

Originally founded in October 2023 as an application-focused AI lab in San Francisco, RPS Labs shifted its primary focus to Solana on-chain market-making in 2024. The company maintains offices in San Francisco, Vancouver, and Belgrade. Its backers include Wintermute Ventures, Delphi Ventures, Permanent Ventures, OrangeDAO, and MetropolisDAO, with an additional partnership through the Circle Alliance Program.

The founding date aligns with Solana's resurgence as the leading destination for high-throughput DeFi activity. The team's decision to build exclusively on Solana reflects a conviction that the network's transaction throughput—on the order of 50 million daily transactions—creates both the opportunity and the structural need for liquidity infrastructure that standard RPC data sources cannot adequately serve.

Core Products

Leaps Finance

Leaps Finance is a decentralized options protocol on Solana that enables users to buy, write, and manage options positions on native Solana assets. The protocol supports covered calls and cash-secured puts, the two most common income-generating options strategies used by holders seeking yield on existing positions.

A distinguishing design choice is instant premium payment: options writers receive their premium at the time of writing rather than at expiration. All positions are fully collateralized, ensuring the protocol cannot generate undercollateralized obligations. The smart contracts have been audited, providing a security baseline for user funds.

The protocol targets both sophisticated traders seeking capital-efficient exposure to Solana assets and passive holders looking to generate yield through covered call writing without active management.

UltraLP

UltraLP is an LP analytics copilot built specifically for Meteora's DLMM (Dynamic Liquidity Market Maker) pools on Solana. The tool addresses a core challenge for liquidity providers in concentrated liquidity pools: understanding real-time profitability in a format that accounts for both fees earned and impermanent loss.

Key features include:

• Real-time P&L tracking denominated in SOL, simplifying calculations for LPs focused on accumulating native assets rather than measuring in dollar terms
• Price action visualization displayed directly on charts alongside LP range positions
• Historical performance analysis that surfaces impermanent loss patterns over time to inform strategy adjustments
• Token pair detail cards for managing multi-position strategies across different pairs
• Rebalancing signals that help LPs identify when positions have drifted out of range and fee generation has stopped

UltraLP is accessible at app.ultralp.com and currently supports Meteora, with additional protocol integrations listed as forthcoming.

Market-Making and Treasury Services

Beyond retail-facing products, RPS Labs offers institutional liquidity services:

• Treasury management: Custom yield strategies for token foundations and liquid funds seeking risk-adjusted returns on native assets, with AI-optimized allocation across available on-chain opportunities
• Proactive market making: RPS positions itself as a transparent market maker on Solana DEXs, actively managing liquidity depth and improving price stability for project tokens
• CLMM aggregation: An automated system that routes capital across concentrated liquidity pools, prioritizing positions with the highest fee returns and reallocating when conditions shift

The institutional arm targets protocols that want to improve token liquidity depth without managing market-making infrastructure themselves, and treasuries that want yield on idle native assets without compromising price stability.

Data Infrastructure

RPS Labs sources data directly from the Solana blockchain rather than relying on standard RPC endpoints, which the team argues introduce latency and inaccuracies unsuitable for high-frequency liquidity decisions. This real-time on-chain data layer feeds both the analytics powering UltraLP and the AI algorithms used in RPS's market-making operations.

This architectural choice reflects Solana's throughput characteristics: at tens of millions of daily transactions, even small inefficiencies in data access compound into meaningful slippage and capital misallocation for LPs and market makers operating at scale.

Ecosystem Position

RPS Labs represents a category of Solana-native infrastructure that emerged as the ecosystem matured past speculative trading into demanding institutional-grade tooling. Its Circle Alliance Program membership situates it in the stablecoin and TradFi-to-DeFi pipeline, positioning the company to help channel institutional liquidity—which the Circle alliance frames as a $7.5 trillion daily volume opportunity—toward Solana DEXs.

The Wintermute Ventures backing carries particular weight: Wintermute is one of crypto's largest market makers, and its investment in RPS signals institutional validation of the team's approach to on-chain liquidity management. Delphi Ventures, known for deep DeFi research and early-stage investments across Solana and EVM ecosystems, rounds out a credentialed backer roster.

The combination of consumer-facing analytics tools (UltraLP, Leaps Finance) and B2B market-making services gives RPS Labs multiple revenue surface areas within Solana DeFi—a diversification strategy that hedges against cyclical demand for any single product category while building compounding expertise across the on-chain liquidity stack.