Solana\u2019s lending markets have seen rapid growth as the network continues to expand its on-chain finance capabilities, according to a report by RedStone.<\/p>\n
The report found that Solana has maintained 100% uptime for 12 months, delivered transaction finality in roughly 400 milliseconds at a median cost of $0.001, and reached $35.9 billion in peak daily DEX volume.<\/p>\n
Total value locked (TVL) in Solana\u2019s lending markets reached $3.6 billion as of December 2025, up from $2.7 billion a year earlier. Solana money markets remain highly competitive, with multiple protocols operating and market leadership shifting rapidly.<\/p>\n
Among leading platforms, Kamino Lend reported $3.5 billion in TVL after its May 2025 upgrade, introducing a Market Layer and curator-managed Vault Layer. Jupiter Lend, launched in August 2025, reached $1.65 billion in TVL within months, offering isolated vaults with rehypothecation, high loan-to-value ratios, and low liquidation penalties. The report noted that individual protocol TVLs can sum higher than the total network lending TVL because double-counting is removed when borrowed capital flows between protocols.<\/p>\n
Meanwhile, Drift\u2019s v3 upgrade combined derivatives trading with integrated lending functions, and achieved sub-400 millisecond execution for most market orders, while Loopscale operates an order-book lending platform with $124.9 million in TVL and $40 million in active loans.<\/p>\n
SAVE (formerly Solend) and marginfi also remained active but held smaller market shares.<\/p>\n
The next wave of growth on Solana is centered on tokenized real-world assets and institutional capital deployment. According to the report, several major issuers have launched or expanded<\/a> tokenized products on the network, including Securitize, BlackRock\u2019s BUIDL fund, VanEck\u2019s VBILL, Apollo\u2019s ACRED, Ondo, and Backed Finance.<\/p>\n Meanwhile, Keel, an on-chain capital allocator linked to Sky Protocol, has already outlined a deployment roadmap of up to $2.5 billion across lending markets, stablecoin liquidity, and tokenized real-world assets. RedStone noted that Gauntlet, which serves as a curator and risk manager, oversees more than $140 million across Kamino and Drift vaults and manages strategies linked to the CASH vault, a fiat-backed stablecoin issued by Phantom, Bridge, and Stripe.<\/p>\n The report said these developments reflect increasing involvement from institutional participants operating through curated vaults, structured allocations, and tokenized asset products across the Solana ecosystem.<\/p>\n The post Solana Lending TVL Soars to $3.6B as New Protocols Battle for Market Dominance<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Solana\u2019s lending markets have seen rapid growth as the network continues to expand its on-chain finance capabilities, according to a report by RedStone. The report found that Solana has maintained 100% uptime for 12 months, delivered transaction finality in roughly 400 milliseconds at a median cost of $0.001, and reached $35.9 billion in peak daily […]<\/p>\n","protected":false},"author":0,"featured_media":119747,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119746"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119746"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119747"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}