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Solayer SOL

sSOL

70.54K supply$9.24M cap
Solana
$120.99
$4.95 · 4.09%
Info

Solayer is the dominant restaking marketplace on Solana.. We aim to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Our goal is to provide dApps on Solana with a greater likelihood of securing block space and prioritizing transaction inclusion. sSOL is the universal liquidity layer for delegates [dApps] and LRTs on Solayer. Every unit of SOL can be perceived as a unit of blockspace lent towards dApps, securing network bandwidth and TPS. The stake delegated towards dApps, which derives an AVS SPL token, is built on top of sSOL-SOL liquidity. Similarly, LRTs are built on top of sSOL liquidity interface to generate vault strategies. There are various ways of utilizing sSOL and earning maximum yield as an sSOL holder. You can delegate to dApps to bootstrap network bandwidth or participate in DeFi strategies to earn additional APY, starting with our launch partners.

Market Cap$9.24M
Circulating / Total Supply70.54K / 70.54K
CreatedMay 16, 2024
Volume 24h$4.92K +60.85%
$2.35K
$2.58K
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