Overview of the Potential of Seven Early Projects in the Solana Ecosystem

As the Solana ecosystem continues to heat up, many users are looking for the next participation opportunity. This article has compiled seven early projects within the Solana ecosystem that have a high expected return for reference.

Titan: DEX Aggregator

Titan is a DEX aggregator in the Solana ecosystem, capable of scanning multiple aggregators and DEXs to find the best trading paths for users. The project has completed a $3.5 million pre-seed funding round and has surpassed $500 million in trading volume. Although still in closed beta, Titan has integrated multiple DEXs and aggregators.

Participants in the test can obtain two key badges:

• Beta Badge: Complete a test transaction to earn.
• Colossus Badge: Reserved for users in the top 10% by trading volume.

These badges are only issued during the closed testing period and may play an important role in reward distribution in the future.

Hylo: Decentralized Stablecoin System

Hylo is a decentralized stablecoin system native to Solana, offering leveraged products with no liquidation risk. Its core is the hyUSD stablecoin, fully backed by liquid staked tokens (LST). Hylo has also launched xSOL leveraged tokens, allowing users to gain 2-4 times exposure to SOL without capital costs, margin fees, and without the worry of liquidation.

Hylo is currently still in the closed testing phase, with only 2806 participating addresses. This is a great opportunity to position yourself before the market heat arrives.

Pyra: Cryptocurrency Asset Credit System

Pyra is a native DeFi protocol of the Solana ecosystem that allows users to consume without selling their cryptocurrencies. It operates as a decentralized credit system, providing credit limits backed by crypto assets. Users can mortgage their crypto assets to use the Visa card issued by Pyra for daily consumption, while keeping their assets in an investment state and potentially earning returns.

The features of Pyra include:

• Integrated with high-yield DeFi strategies, deposited assets can generate passive income through other protocols.
• Intelligent liquidation protection mechanism that automatically swaps assets to repay loans when the value of collateral decreases, with no additional penalties.

Pyra is currently in the beta testing phase, suitable for users who want to release the liquidity of their crypto assets without giving up ownership.

Exponent: Fixed Income and Leveraged Mining

Exponent introduces fixed income products and leveraged mining features to the Solana ecosystem, allowing users to achieve predictable returns or amplify the effects of their mining strategies. The project has completed a $2.1 million financing round, with a total locked value of (TVL) reaching approximately $113.63 million.

Exponent is easy to operate with an intuitive interface, making it accessible even for DeFi newcomers. The team offers 24/7 support services, providing clear guidance for users. The project is still in its early stages and is worth keeping an eye on.

Ranger Finance: Perpetual Contract Aggregator

Ranger Finance is a perpetual contract aggregator on Solana that simplifies and optimizes the trading process by routing orders to multiple DEXs. The project aims to provide the best execution price, minimal slippage, and a unified trading experience.

Ranger Finance has raised $1.9 million and quickly gained nearly 40,000 user registrations after its launch, with a monthly trading volume close to $100 million. It is currently in the public testing phase, and participation is still considered early.

Loopscale: Innovative Lending Protocol

Loopscale is a native lending protocol on Solana that uses an order book matching engine instead of traditional liquidity pools. This design allows users to lend and borrow directly, freely set fixed interest rates, and customize loan terms.

In addition to the core lending features, Loopscale also offers an advanced strategy called "Loop." Users can optimize returns in a single transaction by utilizing interest-bearing tokens through flash loans.

Ping Network: Decentralized Bandwidth Infrastructure

Ping Network is a decentralized bandwidth infrastructure platform based on Solana, belonging to the currently popular DePIN projects. The network aggregates idle bandwidth from data centers, individual users, and enterprise hardware across more than 190 countries, creating a global on-demand network suitable for VPN routing, data collection, content distribution, operational status monitoring, and AI services.

Earning rewards on the Ping Network is very simple; just turn on your internet connection and activate the VPN to start receiving rewards.

The above seven projects are all in the early stages of the Solana ecosystem, with high potential and expected returns. Investors can choose and participate based on their own needs and risk tolerance.