Solar ☀️

I've been through every Solana @colosseum radar hackathon applications so you don't have to. ...and the DeFi track was full of hidden gems. Here's my top 7🧵

@crypto_regrets @solana @PhoenixTrade @HyperliquidX i get you but what else is live and decent? bulk > not live fermi > not live bullet > not live drift > not live anymore

@DefiSolar @solana @PhoenixTrade @HyperliquidX i think folks just dislike seeing foundation pushing one specific protocol so hard. must be some bag bias there. that said, wild seeing boogles all openly haten on sol these days, im sure their day 0 HL airdrops have nothing to do with it kek

from someone who’s traded perps on @solana for years: @PhoenixTrade has some of the tightest spreads i’ve ever seen on a CLOB. the people fudding it have probably never traded perps on Solana, we've just improved 10x the UX in a few weeks. still behind @HyperliquidX (obviously), but getting closer every day.

@ImperialAttila @solana @PhoenixTrade @HyperliquidX @ImperialPerps sounds interesting thanks for the details

I may write an article about why this is the optimal way to charge users, but TLDR most users are too small to make a difference on your revenue, so there is no reason to charge them anything. There is then a class of users that carry the product in terms of revenue. Those are the users we charge and who are least price sensitive (most willing to pay for a great experience on top of great liquidity) There is a class above them, almost aspirational which entices our mere wealthy users to trade more and reach this status.

@ImperialAttila @solana @PhoenixTrade @HyperliquidX @ImperialPerps lmao tf

@DefiSolar @solana @PhoenixTrade @HyperliquidX @ImperialPerps We are communists here lol. Most ppl pay 0, the upper middle class pays a small fee then the ultra wealthy (2m+ position size) pay nothing

@ImperialAttila @solana @PhoenixTrade @HyperliquidX @ImperialPerps u got me with best mobile experience (phoenix doesnt even work on mobile), i'll try it u got ui fees on it?

@DefiSolar @solana @PhoenixTrade @HyperliquidX @ImperialPerps One click trading. Best mobile experience on Solana & if Phoenix doesn't have a pair we route you to Solana's other venues, based on cost of trade. Cost of trade = entry/exit fees + est borrow cost + cost of liquidation based on vol of asset & leverage

@ImperialAttila @solana @PhoenixTrade @HyperliquidX @ImperialPerps not yet, what does it change if i trade on phoenix?

@DefiSolar @solana @PhoenixTrade @HyperliquidX Have you tried Phoenix's liquidity on @ImperialPerps

@FabianoSolana @solana @PhoenixTrade @HyperliquidX better than anything we've had so far

@DefiSolar @solana @PhoenixTrade @HyperliquidX I don't get how you can bash on a new protocol like phoenix obviously HL is level 100 while phoenix is still level 2

@CreateWithTony @solana @PhoenixTrade @HyperliquidX drift spreads have veen dogsht for anything than btc/sol/eth

@DefiSolar @solana @PhoenixTrade @HyperliquidX what has drift been doing all this while though?

@0xapacx @RockawayX @humafinance @kamino @onrefinance @Figure @solsticefi come in dms! i remember you mentionning this

@RockawayX @humafinance @kamino @onrefinance @Figure @solsticefi Idk if you remember but @DefiSolar I had mentioned if I can create a vault similar to this it would really boost the community! 4 amazing projects, all yield bearing stablecoins and with good returns! If possible do let me know would have happy to have a value on Kamino.

Our RWA USDC Vault on @kamino today crossed $40m in total supply. Depositors are currently earning ~5.25% APY via exposure to OnRe, Solstice, Huma, and Figure. RWAs scale on Kamino 🫡

@stoneislanddd @solana @PhoenixTrade @HyperliquidX we is solana perps ecosystem haha, nothing personnal here

@DefiSolar @solana @PhoenixTrade @HyperliquidX From someone who’s traded perps on solana……. And suddenly “we’ve just improved”??? Who is WE?

@PharosWatch 👀

USDG Mints $778M In A Day (#77) $USDG added $778M in 24 hours, three-quarters of its $1.01B weekly haul. One issuer is doing fifteen percent of the work.

@saylor a decent entry for once

Strategy has acquired 535 BTC for ~$43.0 million at ~$80,340 per bitcoin and has achieved BTC Yield of 9.4% YTD 2026. As of 5/10/2026, we hodl 818,869 $BTC acquired for ~$61.86 billion at ~$75,540 per bitcoin. $MSTR $STRC strategy.com/press/strategy…

@norbertbodziony this will pump well as soon as attention shifts to neobanks, rn it's kinda out of the scope

if you think i am joking ethereum:0xfe0c30065b384f05761f15d0cc899d4f9f9cc0eb easy double

@aut3z @reflectmoney (except drift hack)

@DefiSolar @reflectmoney so what happened to USDC+ if there is no downside (except drift hack)

nobody is talking about this but i guess i have to speak up it's absurd that @reflectmoney is doing a rebranding (changing the bg color of the logo) when they've basically left all their users high and dry reflect was a platform i really liked, but having all of the USDC+ sitting on @DriftProtocol, losing all the funds, every single user getting hurt, and communication being completely shut down is just not acceptable i'm reading the comments on all of reflect's posts and almost everyone is frustrated by the lack of communication, the lack of a solution, and the fact that they're carrying on as if nothing happened carrot shut down, elemental was extremely constructive and stayed in communication, but the way reflect is behaving bothers even me, even though i havent lost anything mistakes happen, but you have to stay in communication, be transparent, and look for a solution. you cant just act like nothing happened.

@0xMerp bro did a whole sheet but did not take into account that JTX is just a trading UI using @PhoenixTrade in the back

even after pumping 50% $JTO is likely still heavily undervalued

@MacroMate8 @PhoenixTrade looks like it's already there, we just need MMs now

no worries getting listed on @PhoenixTrade soon

@EffortCapital went to check and it's already at 0.65 lmao

WOW. Just use Blockworks IR. jito morning (jm) to all of those that celebrate.

@Punk_Monke 😭😭

If you rent a 9 sqm in Somalia check this

@kamino gud Q1

Q1 2026 by the numbers: $1.14B in loans $2.89B in deposits $19.86M in interest generated $1.23B in RWA Market deposits (+115% QoQ) Read the full report below ⬇️