Solana-Based DeFi Reaches $10B TVL as Jito, Kamino, and MarginFi Lead Growth
The Solana DeFi TVL growth has reached a major milestone. Total value locked in Solana-based protocols has surpassed $10 billion in July 2025.
This surge is led by Jito (liquid staking), Kamino (lending), and MarginFi (leveraged trading), which together account for over 65% of the ecosystem’s growth.
Jito Staking Rewards Drive Liquidity
Jito’s liquid staking solution allows users to stake SOL and receive JitoSOL tokens. These can be used across DeFi while earning staking yields and MEV rewards.
This dual-income model has attracted over $4.2 billion in deposits. Hence, making Jito the largest protocol on Solana.
Kamino and MarginFi Expand Lending and Leverage
Kamino’s lending platform offers up to 8x leverage on major SPL tokens. Meanwhile, MarginFi has become a favorite among pro traders for its low fees and high capital efficiency.
Both platforms benefit from Solana’s fast finality and low transaction costs. As a result, users can execute complex strategies without high gas fees.
New Users Flood Into Solana DeFi
Daily active addresses on Solana DeFi have tripled since January 2025. Many are migrating from Ethereum due to high L2 fees and slower execution.
With better UX, real yield, and innovative products, Solana is proving it’s more than just a memecoin chain.
Final Thoughts: Solana Is Becoming a DeFi Powerhouse
The Solana DeFi TVL growth to $10B shows the network is maturing fast. With institutional-grade tools, strong developer activity, and real user demand, Solana is now a serious competitor to Ethereum and Arbitrum.
This growth could accelerate further if a Solana ETF gains approval later this year.
