Anemone

See how Anemone works 🐚 Three flows in one protocol: → Protect yourself from DeFi lending rate volatility → Speculate on rate moves with leverage → Or join the liquidity pool and earn extra yield. Demo below ⤵️ @colosseum

Week 3 building @AnemoneDefi - interest rate swaps on @solana. ✓ Keeper bot done (5 ops, VPS-ready) ✓ Devnet end-to-end ✓ Surfpool + Kamino mainnet fork: every CPI, every adversarial path ✓Every flow, every function, every adversarial situation tested, ✓Hardening Frontend next. Mainnet v0.1 soon.

@0xilann Soon!🌊

Interest rate swaps on Solana. PayFixed to hedge. ReceiveFixed to speculate. Lock in your Defi yield rates! @AnemoneDefi

USDC lending rates on @kamino have averaged 10-15% APY over the last 48h. why? an unrelated EVM exploit scared people across defi, and some started pulling capital. nothing changed on @kamino itself. same markets, same risk, higher yield.

Because of the recent hacks @kamino markets hit 100% utilization Main market $165M borrowed out of $171M available Multiple vaults are sitting above 95% utilization with very thin liquidity left That's why APYs doubled overnight from 4-5% to 10-12% Crazy times...

You are paying 32% For borrowing USDC on @Loopscale Utilization is almost full Check your Loop positions on protocols otherwise you can stuck in with negative apy

@jussy_world @Loopscale 32% borrow rate is brutal if you're already locked in. This is exactly the volatility that makes on-chain rate hedging necessary. In TradFi, anyone with a 5-figure position would have a swap to protect against this. Almost nothing built on Solana for it yet.

This is exactly why rate hedging needs to exist on Solana. Lenders woke up to APYs doubling overnight. Borrowers locked in at 5% suddenly paying 12%. Both sides got blindsided with no way to protect themselves. Building Anemone for this — bilateral IR swaps with daily settlement on @solana.

@milianstx IR swaps on Solana. $469T market in TradFi, <$100M in DeFi. No native way to hedge lending rate volatility on Solana yet. We let traders lock or speculate on rates while LPs earn enhanced yield. Happy to share more in DMs.

Found myself on the judging panel for the Frontier Hackathon with a stacked group of judges. Feel free to shill your projects below, and my DMs are open if you want deeper feedback. Accel!

@josipvolarevic @colosseum Soon you'll be able to lock your DeFi lending yield.

I'll be judging at the @colosseum hackathon. I'm in love with consumer crypto, stablecoins, AI, and personal finance, but feel free to shill me anything defi. Happy to provide feedback to all that drop one-liners and links in the comments. 🫡

Week 2 Update: This week: → Full swap lifecycle live: Open → Settle → Mature → Claim → Dynamic spread model protecting LPs automatically → Liquidation, close early, and add collateral flows → Permissionless settlement (anyone can trigger, earns fee) → MEV protection built into open swap Next Week: keeper bot + devnet deploy.

Spent the last 2 weeks locked in building: @AnemoneDefi — Interest Rate Swaps on Solana. Just hit a big checkpoint: full swap lifecycle working end-to-end on localnet. Open → Settle → Mature → Claim Open → Liquidate Open → Close Early 13 instructions. 56 tests passing. Running against real Kamino mainnet data. The core trading engine is done. Now: polish, integration, frontend and devnet. A few weeks to ship. Halfway there.

Full swap lifecycle is live on Anemone 🐚 Open → Settle → Mature → Claim Or: Open → Liquidate Or: Open → Close Early All running end-to-end on localnet with real Kamino mainnet data. 13 instructions. 56 tests passing.

If you could lock your Kamino yield at 8% for 30 days, would you?

@AnemoneDefi This week: → Core architecture live → Kamino K-Lend integration for real-time rate reading → Full LP flow: deposit, shares, withdrawal + fees → CPI to Kamino so LP funds generate yield → Security audit and tests Building at @colosseum Frontier Hackathon.

Week 1 done. The foundation is set. Rate reading ✓ LP flow ✓ Kamino CPI ✓ Security audit ✓ Now we build the swap engine.

Why do DeFi lending rates move so much? It comes down to one thing: pool utilization. When utilization is low (20%), there's too much supply. Rates drop to attract borrowers. When utilization spikes (90%+), almost everything is borrowed. Rates surge to attract new deposits. USDC on Solana has a kink curve — rates climb slowly until ~80% utilization, then shoot up exponentially. One wave of leveraged longs or panic deleveraging can move rates from 3% to 15% in a day. That's why rate hedging matters.