Solana DeFi has reached a record $13 billion in total value locked (TVL), driven primarily by staking protocols, rising DEX volumes, and tokenization products; investors have doubled exposure since April as on-chain trading and staking demand surged.
-
Record $13B TVL: staking, DEXs, and tokenization lead the surge.
-
TVL doubled from ~$6.6B in April; 24‑hour TVL rose ~4%.
-
SOL futures open interest reached $16B; DEX volumes jumped from $81B to $120B.
Solana DeFi reaches $13B TVL, led by staking and DEX growth — read key data and actions investors are taking. Learn more.
What is Solana DeFi’s latest TVL milestone?
Solana DeFi has reached a record total value locked of approximately $13 billion, marking a doubling from April’s ~$6.6 billion. This milestone reflects concentrated growth in staking, decentralized exchanges, and tokenization products across the Solana ecosystem.
How did staking and DEXs drive Solana DeFi growth?
Staking platforms were the largest contributors to the TVL expansion, with top staking protocols like Jito, Kamino and Sanctum each reporting multi‑billion dollar positions. Six of the top 15 growth drivers were DEXes, where monthly TVL gains ranged from 40% to 270%.
DEX trading volumes climbed from roughly $81 billion in June to over $120 billion by August, while tokenization products such as xStocks posted a 50% TVL increase in the same period.
Why did SOL price and futures interest spike alongside TVL?
SOL’s price rose in tandem with rising DEX volumes and staking inflows, moving from about $126 to above $220 during the same window. Futures open interest reached $16 billion, signaling elevated speculative positioning in derivatives markets.
Frequently Asked Questions
How has Solana TVL changed month-to-month?
Solana TVL doubled from around $6.6B in April to a record $13B by September, with a recent 24‑hour increase of ~4% indicating continuing inflows. Staking and DEX activity accounted for the majority of that expansion.
What should investors watch next on Solana?
Monitor staking inflow rates, DEX 30‑day volume, and futures open interest figures. Sudden spikes in any of these metrics can precede volatility in SOL price and on‑chain liquidity shifts.
Source: DeFiLlama (TVL data), CoinGlass (futures open interest).
Key Takeaways
- Record TVL: Solana DeFi hit ~$13B, doubling since April, led by staking and DEXs.
- Trading surge: DEX volume rose from $81B to $120B, signaling stronger on-chain activity.
- Market positioning: SOL futures open interest reached $16B, showing elevated speculative demand.
Conclusion
Solana DeFi’s $13 billion TVL milestone reflects concentrated growth in staking, decentralized exchanges, and tokenization products. With SOL price and futures interest rising alongside TVL, market participants should track protocol-level inflows and DEX volumes for early signs of momentum shifts. COINOTAG will continue monitoring developments and reporting verified data.
Visual data
Graphs and charts below show TVL, DEX volume, and futures open interest as cited.
Key images and charts
Do not remove images — retained from original reporting for context and verification.
Source: DeFiLlama
Source: DeFiLlama
Source: CoinGlass
Published: 2025-09-13 · Updated: 2025-09-13 · By: COINOTAG
Frequently Asked Questions
What pushed Solana TVL to $13B?
Staking inflows, higher DEX trading volumes, and growth in tokenized products combined to push TVL to $13B. Several staking platforms captured multi‑billion dollar deposits during the rally.
Will SOL price keep rising with DeFi growth?
Increased on‑chain activity often supports price momentum, but futures open interest and DEX volume can also amplify volatility; monitor both metrics for signs of continuation or reversal.
