solana will become the most compelling place to park your stables to earn yield at scale by end of 2026 it needs 2 things: - more original yield bearing collateral - more USDT/USDC to enable looping thankfully the nr of asset issuers and stablecoin megawhales is small and can be convinced to move to solana provided the right reasoning

Solana will never become the main defi yield blockchain until these things happen: - Defi protocols are fully open source and public about their audits - You can actually read a block explorer Like @AzFlin said farmers are very entrenched on EVM already and the r/r not worth it

the top two lending protocols, kamino and jupiter lend, are open source kamino security: kamino.com/security jupiter audits: dev.jup.ag/resources/audits…

lack of serious capital on solana is partially an education and comms issue, there have been far more ethereum than solana defi exploits in 2026 i'm excited to see @MacroMate8 work his magic, feels like the discussion around solana defi trails the reality by 12-18 months, similar to the "solana always goes down" conversation

Ok regarding that first point, I was wrong and these days most of Solana's TVL is actually sitting on open source protocols. I think it got a lot better the last few years and I must admit I haven't updated that notion on my mind But I still stand by the rest, for example