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Originally published: Jan 28, 2025
PANAMA CITY, 28 January, 2025: Demether is thrilled to announce the launch of demSOL, our innovative liquid restaking token (LRT) designed to bring Solana as an asset into Ethereum’s deep DeFi ecosystem via its L2 blockchains.
As a pioneering project in decentralized finance, Demether aims to unify two previously disparate ecosystems, enabling users to benefit from the best of both: using Solana assets as collateral, gaining exposure to a vibrant ecosystem and technology, alongside the opportunity set and familiar interfaces of DeFi in EVM environments.
demSOL is a unique token that combines the power of Solana’s high-performance blockchain with Demether’s expertise in yield generation. Key features include:
Built on Solana’s lightning-fast and cost-effective network
Bridging via LayerZero’s tried and tested Stargate bridge
Offers competitive yields to holders
Utilizes Jito’s advanced restaking and MEV capture mechanisms for optimal returns
Accessible to all crypto users on 70+ blockchains via LayerZero’s technology
Users can acquire demSOL by depositing SOL tokens into Demether’s decentralised application. These deposits are then staked and restaked via Jito’s platform to be utilized in its Node Consensus Networks (NCNs) as economic security. The resulting yield-generation is passed through as returns for token holders. demSOL is designed to be omnichain and can freely be used in both the Solana and EVM ecosystems but will initially be mintable on select Ethereum L2 partner blockchains.
Passive yield generation: Earn enhanced yield on your SOL holdings without active management
Liquidity: Easily trade the assets or use demSOL across Ethereum’s established DeFi landscape
Security: Backed by Jito and Demether’s audited and robust smart contract architecture
Simplicity: One token solution for yield optimization on Solana as an asset
The introduction of demSOL is set to help broaden the vectors of growth in Jito’s ecosystem by tapping into utility with EVM ecosystems via Ethereum’s L2 blockchain. This positions demSOL as an additional product that we can offer blockchain partners to help attract and retain capital while allowing users to tap into two substantial narratives: Solana ecosystem exposure and passive yield.
“We’re ecstatic to partner with Jito Foundation to launch demSol, positioned as a groundbreaking product to unify the Solana and DeFi ecosystems,” remarked Kartik Swaminathan, CEO of Rolling Thunder Labs and Lead Contributor to the Demether project. “Our goals for demSOL are lofty and ambitious: to capture the attention of the market as the next intuitive narrative following the crypto community’s keen interest in yield-bearing Ethereum, US dollar and Bitcoin-based assets. In the coming months we can’t wait to unveil the list of reputable and established partners that will integrate demSOL, progressively enhancing utility for our users and making our suite of products an ever more compelling proposition. We hope the community will continue to back us on our journey!”
“We’re thrilled to see Demether bring restaked JitoSOL cross-chain and look forward to the exciting use cases it enables,”, said Jito Foundation Executive Director, Brian Smith.
demSOL showcases both Demether’s commitment to continuous innovation and our growing interest in the Solana ecosystem. We plan to expand its utility by integrating it with various DeFi protocols and exploring cross-chain opportunities to maximize value for our users.
The launch of demSOL marks a significant milestone in Demether’s mission to democratize access to sophisticated yield strategies and lower the barriers to crypto adoption. As we continue to push the boundaries of what’s possible in DeFi, we invite the Solana and Ethereum communities to join us in shaping the future of decentralized finance.
Stay tuned for more updates as we embark on this exciting journey with demSOL and the Solana ecosystem. We look forward to announcing our blockchain and DeFi launch partners soon.
Explore demSOL and start earning optimized yields today! Visit our partner vault here: demSOL Restaking Vault on Jito Network.
Join us in shaping the future of decentralized finance! 🚀
Originally published: Jan 28, 2025
PANAMA CITY, 28 January, 2025: Demether is thrilled to announce the launch of demSOL, our innovative liquid restaking token (LRT) designed to bring Solana as an asset into Ethereum’s deep DeFi ecosystem via its L2 blockchains.
As a pioneering project in decentralized finance, Demether aims to unify two previously disparate ecosystems, enabling users to benefit from the best of both: using Solana assets as collateral, gaining exposure to a vibrant ecosystem and technology, alongside the opportunity set and familiar interfaces of DeFi in EVM environments.
demSOL is a unique token that combines the power of Solana’s high-performance blockchain with Demether’s expertise in yield generation. Key features include:
Built on Solana’s lightning-fast and cost-effective network
Bridging via LayerZero’s tried and tested Stargate bridge
Offers competitive yields to holders
Utilizes Jito’s advanced restaking and MEV capture mechanisms for optimal returns
Accessible to all crypto users on 70+ blockchains via LayerZero’s technology
Users can acquire demSOL by depositing SOL tokens into Demether’s decentralised application. These deposits are then staked and restaked via Jito’s platform to be utilized in its Node Consensus Networks (NCNs) as economic security. The resulting yield-generation is passed through as returns for token holders. demSOL is designed to be omnichain and can freely be used in both the Solana and EVM ecosystems but will initially be mintable on select Ethereum L2 partner blockchains.
Passive yield generation: Earn enhanced yield on your SOL holdings without active management
Liquidity: Easily trade the assets or use demSOL across Ethereum’s established DeFi landscape
Security: Backed by Jito and Demether’s audited and robust smart contract architecture
Simplicity: One token solution for yield optimization on Solana as an asset
The introduction of demSOL is set to help broaden the vectors of growth in Jito’s ecosystem by tapping into utility with EVM ecosystems via Ethereum’s L2 blockchain. This positions demSOL as an additional product that we can offer blockchain partners to help attract and retain capital while allowing users to tap into two substantial narratives: Solana ecosystem exposure and passive yield.
“We’re ecstatic to partner with Jito Foundation to launch demSol, positioned as a groundbreaking product to unify the Solana and DeFi ecosystems,” remarked Kartik Swaminathan, CEO of Rolling Thunder Labs and Lead Contributor to the Demether project. “Our goals for demSOL are lofty and ambitious: to capture the attention of the market as the next intuitive narrative following the crypto community’s keen interest in yield-bearing Ethereum, US dollar and Bitcoin-based assets. In the coming months we can’t wait to unveil the list of reputable and established partners that will integrate demSOL, progressively enhancing utility for our users and making our suite of products an ever more compelling proposition. We hope the community will continue to back us on our journey!”
“We’re thrilled to see Demether bring restaked JitoSOL cross-chain and look forward to the exciting use cases it enables,”, said Jito Foundation Executive Director, Brian Smith.
demSOL showcases both Demether’s commitment to continuous innovation and our growing interest in the Solana ecosystem. We plan to expand its utility by integrating it with various DeFi protocols and exploring cross-chain opportunities to maximize value for our users.
The launch of demSOL marks a significant milestone in Demether’s mission to democratize access to sophisticated yield strategies and lower the barriers to crypto adoption. As we continue to push the boundaries of what’s possible in DeFi, we invite the Solana and Ethereum communities to join us in shaping the future of decentralized finance.
Stay tuned for more updates as we embark on this exciting journey with demSOL and the Solana ecosystem. We look forward to announcing our blockchain and DeFi launch partners soon.
Explore demSOL and start earning optimized yields today! Visit our partner vault here: demSOL Restaking Vault on Jito Network.
Join us in shaping the future of decentralized finance! 🚀


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