A quick look at 7 new DeFi projects worth watching at the Solana hackathon

The Solana hackathon has been a breeding ground for innovative DeFi projects, with past editions producing notable names like Jito, Tensor, and Solend. This year's event showcased seven promising projects worth monitoring:

Neutral Trade: A platform simplifying complex trading strategies, offering "SOL Super Staking" with up to 37% annual returns via Drift and Jupiter’s JLP.
Watt Protocol: A volatility mining protocol allowing users to stake any token (e.g., popcat) to earn returns, though it’s not yet live.
Titan: Positioned as a Jupiter competitor, it claims better exchange rates in 81% of cases and has raised $3.5M ahead of its mainnet launch.
Oro: A tokenized gold project offering 4% annual returns, already regulated and partnered with major gold suppliers for Solana DeFi integration.
Hylo: A next-gen SOL-backed stablecoin system featuring hyUSD (stablecoin) and xSOL (leveraged SOL), designed for synergy within Solana’s ecosystem.
Squeeze: A novel memecoin/DeFi hybrid enabling long/short positions on newly launched tokens from inception, facilitating short squeezes on low-cap assets.
Moose Capital: Bridges traditional finance (stocks, bonds) with DeFi by tokenizing regulated RWAs for on-chain use.

Other notable mentions include @reflectcx and @robotter_ai, though deeper independent research is advised. These projects highlight Solana’s continued innovation in DeFi and real-world asset tokenization.

Author: DefiSolar

Compiled by: BlockBeats

Editor’s Note:

With the recent "value discovery" of projects such as Raydium, Kamino and Drift, Solana DeFi has become the focus of market attention.

According to incomplete statistics, in the past three years of Solana's hackathons, 60,000+ developers participated in the hackathons, 4,000+ projects were launched, and the cumulative financing exceeded US$600 million, giving birth to star projects such as Jito, Tensor, io.net, Marinade, and Solend.

In order to find the next Solana ecosystem star, this article sorted out the high-quality DeFi projects in the latest Solana hackathon Solana Radar. The following is the full text of the article.

There are many hidden gems in the DeFi space. I’ve walked through every Solana Colosseum Radar hackathon app so you don’t have to.

Here are my top 7 picks:

1. Neutral Trade

Built by experienced quantitative experts and traders, they make complex strategies accessible to everyone. One of the most popular strategies is "SOL Super Staking", based on Drift and Jupiter's JLP, with an annual return of up to 37%.

2. Watt Protocol

This is something that has never been seen before on Solana. It is essentially a volatility mining protocol that uses different strategies to generate returns for staked assets. You can use any token, such as popcat or retardio, and earn returns from it. It is not yet online.

3. Titan

Jupiter's direct competitor has raised $3.5 million and claims to offer better exchange rates. Tests show that Titan can provide users with a better exchange path in 81% of cases. Let's wait for the mainnet to go live.

4.Oro

Tokenized gold.
The annualized rate of return is 4%
Available for Solana DeFi

Already regulated and in partnership with leading gold suppliers.

5. Hylo

This is a new generation of SOL-backed stablecoins that is expected to be successful on Solana. It consists of two parts: hyUSD (stablecoin) and xSOL (a tokenized SOL leveraged long position). The synergy between the two is very attractive.

6. Squeeze

This is one of the most innovative ideas I have 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 go long and short from the beginning. This will allow short squeezes on small market cap tokens.

7. Moose Capital

After talking about on-chain gold, let’s move on to more real-world assets (RWAs) like stocks and treasuries. Moose allows you to buy stocks/bonds from traditional financial markets on the same app, and then tokenize them for use in DeFi. It’s regulated, so get ready.

Other projects like @reflectcx, @_bulktrade, @robotter_ai and @TheArenaDotFun also caught my attention, but I couldn't include them all. I encourage you to do your own research on these projects.