There are many treasures hidden in the DeFi space. I have browsed every application from the Solana Colosseum Radar hackathon, so you don't have to check them out yourself.
Here are my top 7 picks:
1.Neutral Trade
Created by experienced quant experts and traders, making complex strategies accessible to everyone. One of the most popular strategies is 'SOL Super Staking', based on Drift and Jupiter's JLP, with annual yields of up to 37%.
2.Watt Protocol
This is unprecedented on Solana, essentially a volatility mining protocol that utilizes different strategies to generate yields on staked assets. You can use any token, such as popcat or retardio, and earn from it. It is not yet live.
3.Titan
A direct competitor to Jupiter, having raised $3.5 million, claiming to offer better exchange rates. Tests show that Titan can provide users with a better exchange path 81% of the time. Let's wait for the mainnet launch.
4.Oro
·Tokenized gold.
·Annual yield of 4%
·Available for Solana DeFi
Regulated and partnered with leading gold suppliers.
5.Hylo
This is the next generation stablecoin backed by SOL, expected to succeed on Solana. It consists of two parts: hyUSD (stablecoin) and xSOL (a tokenized SOL leveraged long position). The synergy between the two is very appealing.
6.Squeeze
This is one of the most innovative ideas I've seen in the memecoin/defi space. It is similar to pump fun, but whenever a new token is launched, the initial token liquidity can be borrowed to allow for long and short positions right from the start. This will enable short squeezes on low market cap tokens.
7.Moose Capital
After discussing on-chain gold, let's delve deeper into more real-world assets (RWA), such as stocks and government bonds. Moose allows you to buy stocks/bonds from traditional financial markets on the same app and then tokenize them for use in DeFi. It has been regulated and is ready.
Other projects like @reflectcx, @_bulktrade, @robotter_ai, and @TheArenaDotFun have also caught my attention, but I can't list all projects. I encourage you to do your own research on these projects.