Long time no see fellas, and after an extended break, the LebThree newsletter is back, delivering you with the finest alpha in this delightful format!

The year has just started, and it seems "AI Bubbles" and precious metals is the only thing anyone talks about these days, so while silver creates a generation of bag holders, why not cover the hottest narratives of 2026?

We've talked about privacy before, but best believe many, many new protocols have entered the market recently, especially on Solana, we have to cover those don't we?

Built on top of privacy infra, Neo Banks have also been a hot topic, with huge hype around contenders like Off-Grid and Avici, it's undeniable that they are here to stay.

Finally, if you'd rather stay off the market and in stables, why not maximize your yield through looping? How does 25% APY sound?

First newsletter of the year, let's get started!

Turbine Cash is a privacy protocol built directly on Solana. Currently open for beta testing; its designed to break the public link between where funds come from and where they go.

While Solana is fast and cheap, it's still a blockchain, making it completely transparent. Every wallet, balance, and move is traceable. Turbine Cash adds a privacy layer so users can transact without broadcasting their entire financial history to bots, traders, or any unwanted eyes.

The value proposition is simple: privacy as a feature, right on Solana, not a separate ecosystem.

Casual users might want to be protected from MEV attacks and wallet-sniping, while power user can benefit from hiding trading strategies, DAO treasury movements, OTC transfers, or just avoid wallet tracking and copy-trading.

In an industry where on-chain surveillance is normalized, privacy becomes a defensive infrastructure. Turbine Cash lets users stay fully inside Solana while selectively shielding activity when it actually matters.

And the best part? You earn yield while using it.

Privacy protocols often operate with delays in order to ensure full privacy for it's users, but with Turbine, your capital never stops working.

ZKLSOL (Zero-Knowledge Liquid Staking on Solana) addresses this by basing its mixer on Liquid Staking Tokens (LSTs). Upon deposit, SOL converts to LST, which is staked. Users thus earn rewards during the waiting period, offsetting delays.

This extremely innovative concept drew tons of attention last October, when Turbine ICO'd on MetaDao, and ended up attracting almost $15M in committed capital.

When compared to legacy privacy coins like Zcash or Monero, Turbine Cash isn’t trying to only offer maximal anonymity; usability is also extremely important.

$ZEC and $XMR provide very strong protocol-level privacy, but at the cost of compatibility; no DeFi, no NFTs, no smart-contract ecosystem. Turbine Cash combnines absolute privacy with usability, allowing users to keep access to Solana’s apps, liquidity, and speed.

Turbine Cash is live, with new products like private DCA added to their product suite and open for beta testing. Of all the privacy protocols on Solana, this is definitely one to watch.

As many of us Lebanese have learned the hard way; banks aren't exactly here for your best interests. I don't know about you, but a centralized institution that can freeze accounts, delay transfers, or monetize my financial data isn't exactly where I want my funds to sit.

Neobanks flip the traditional banking model by putting ownership and privacy back in the hands of users. Transactions settle instantly, balances aren’t locked behind business hours or approvals, and financial activity doesn’t have to be permanently exposed or surveilled.

Tackling the $7 Trillion industry that is digital banking, wether you see NeoBanks as a solution for your everyday payments, or as an investment opportunity, this is not the kind of industry you want to mid-curve.

There's currently a sea of Neobanks popping up, but to me 2 really stand out: Avici for it's reliability, and Off Grid for it's phenomenal privacy, with no need to even KYC. Both projects are built directly on Solana, using on-chain balances as the source of truth.

Avici Money is the cleanest bridge between DeFi and everyday finance. It functions like a modern digital bank, but settlement happens on-chain. Users hold crypto, earn yield, move funds instantly, benefit from perks, all while being able to interact seamlessly with DeFi.

Compatible with the Visa ecosystem, and through recent partnerships with industry titans such as MoonPay and Solomon, Avici has facilitated almost $10M in it's first quarter.

After getting over $35M in MetaDao commitments, Avici currently sits at a $32M MCAP, which when compared to Revolut's $75B valuation, seems like a decent buy.

Off Grid Cash pushes the idea even further by leaning into non-KYC design. The core appeal is autonomy. No identity checks, no account freezes due to compliance reviews, and no permission required to access your own money.

While still unavailable to the public, Off Grid is warming up to be one of the hottest NeoBanks on the market. All the perks, all the benefits, all the privacy.

No news of a token yet either, but assuming they launch with all regulations and audits in place, its very likely we see Off Grid being valued in the millions.

Together, Avici Money and Offgrid Cash show two sides of the same shift. Avici appeals to users who want a smoother, faster financial experience without fully abandoning structure. Off Grid appeals to those who want maximum sovereignty and minimal interference.

Earning yield on your idle asset is a no brainer, no one in 2026 should just hold USDC in their wallet, but what if we could supercharge that yield?

One of the most misunderstood yet genuinely powerful concepts in DeFi is looping. While it’s often associated with past blow-ups, looping done in controlled environments can be a highly capital-efficient way to increase yield.

On Solana, this strategy is making a comeback in a more disciplined form, especially through platforms like LoopScale and Kamino, which are built specifically to reduce the risks that made looping dangerous in earlier cycles.

At its core, looping is simple: you deposit an asset as collateral, borrow against it, redeposit the borrowed funds, and repeat the process a few times. Each loop increases the total amount of capital earning yield without adding new money.

This matters because DeFi rewards gross capital deployed, not net capital. A basic deposit might earn a modest APY, but a carefully looped position can meaningfully amplify returns sometimes 2–4x as long as borrow costs remain predictable.

It's important to keep in mind that looping is effectively leveraged lending, and should be treated with that risk in mind. We are essentially arbitraging lending and borrow rates here.

Looping earned its bad reputation when users over-leveraged volatile assets in floating-rate markets, triggering liquidation cascades. The problem wasn’t only on the looping itself, but looping weak assets without guardrails.

Newer Solana-native platforms such a Loopscale are designed to avoid this by using isolated markets, conservative loan-to-value ratios, and clearer liquidation mechanics.

Kamino focuses on accessibility and survivability, offering more conservative strategies for users who want yield amplification without constant monitoring. The real value of looping isn’t just higher APY, but the capital efficiency.

Funny enough, Kamino decided to completely get rid of the word "Looping" and is marketing it's system as "Multiply". Marketing I guess...

Popular loops on Solana have recently been centered around yield-bearing RWA based stablecoins, allowing users increase exposure significantly to both yields and airdrops.

Those include platforms such as Syrup, OnRe, and Prime.

Overall, I strongly recommend sticking to stablecoin and LST looping, since any other asset would expose one to too much risk for the reward.

As a tip, only open loops when you plan to keep positions open for a while, since execution costs can be quite high, and unwinding positions early can make you unprofitable. A 2-3 Weeks buffer is optimal.

When used correctly, looping is an extremely powerful tool, allowing anyone to access APYs as high as 25% while farming multiple airdrops on leveraged exposure.

[All topics are meant to be educational only. None of it is financial advice, please do your own research.]

Long time no see fellas, and after an extended break, the LebThree newsletter is back, delivering you with the finest alpha in this delightful format!

The year has just started, and it seems "AI Bubbles" and precious metals is the only thing anyone talks about these days, so while silver creates a generation of bag holders, why not cover the hottest narratives of 2026?

We've talked about privacy before, but best believe many, many new protocols have entered the market recently, especially on Solana, we have to cover those don't we?

Built on top of privacy infra, Neo Banks have also been a hot topic, with huge hype around contenders like Off-Grid and Avici, it's undeniable that they are here to stay.

Finally, if you'd rather stay off the market and in stables, why not maximize your yield through looping? How does 25% APY sound?

First newsletter of the year, let's get started!

Turbine Cash is a privacy protocol built directly on Solana. Currently open for beta testing; its designed to break the public link between where funds come from and where they go.

While Solana is fast and cheap, it's still a blockchain, making it completely transparent. Every wallet, balance, and move is traceable. Turbine Cash adds a privacy layer so users can transact without broadcasting their entire financial history to bots, traders, or any unwanted eyes.

The value proposition is simple: privacy as a feature, right on Solana, not a separate ecosystem.

Casual users might want to be protected from MEV attacks and wallet-sniping, while power user can benefit from hiding trading strategies, DAO treasury movements, OTC transfers, or just avoid wallet tracking and copy-trading.

In an industry where on-chain surveillance is normalized, privacy becomes a defensive infrastructure. Turbine Cash lets users stay fully inside Solana while selectively shielding activity when it actually matters.

And the best part? You earn yield while using it.

Privacy protocols often operate with delays in order to ensure full privacy for it's users, but with Turbine, your capital never stops working.

ZKLSOL (Zero-Knowledge Liquid Staking on Solana) addresses this by basing its mixer on Liquid Staking Tokens (LSTs). Upon deposit, SOL converts to LST, which is staked. Users thus earn rewards during the waiting period, offsetting delays.

This extremely innovative concept drew tons of attention last October, when Turbine ICO'd on MetaDao, and ended up attracting almost $15M in committed capital.

When compared to legacy privacy coins like Zcash or Monero, Turbine Cash isn’t trying to only offer maximal anonymity; usability is also extremely important.

$ZEC and $XMR provide very strong protocol-level privacy, but at the cost of compatibility; no DeFi, no NFTs, no smart-contract ecosystem. Turbine Cash combnines absolute privacy with usability, allowing users to keep access to Solana’s apps, liquidity, and speed.

Turbine Cash is live, with new products like private DCA added to their product suite and open for beta testing. Of all the privacy protocols on Solana, this is definitely one to watch.

As many of us Lebanese have learned the hard way; banks aren't exactly here for your best interests. I don't know about you, but a centralized institution that can freeze accounts, delay transfers, or monetize my financial data isn't exactly where I want my funds to sit.

Neobanks flip the traditional banking model by putting ownership and privacy back in the hands of users. Transactions settle instantly, balances aren’t locked behind business hours or approvals, and financial activity doesn’t have to be permanently exposed or surveilled.

Tackling the $7 Trillion industry that is digital banking, wether you see NeoBanks as a solution for your everyday payments, or as an investment opportunity, this is not the kind of industry you want to mid-curve.

There's currently a sea of Neobanks popping up, but to me 2 really stand out: Avici for it's reliability, and Off Grid for it's phenomenal privacy, with no need to even KYC. Both projects are built directly on Solana, using on-chain balances as the source of truth.

Avici Money is the cleanest bridge between DeFi and everyday finance. It functions like a modern digital bank, but settlement happens on-chain. Users hold crypto, earn yield, move funds instantly, benefit from perks, all while being able to interact seamlessly with DeFi.

Compatible with the Visa ecosystem, and through recent partnerships with industry titans such as MoonPay and Solomon, Avici has facilitated almost $10M in it's first quarter.

After getting over $35M in MetaDao commitments, Avici currently sits at a $32M MCAP, which when compared to Revolut's $75B valuation, seems like a decent buy.

Off Grid Cash pushes the idea even further by leaning into non-KYC design. The core appeal is autonomy. No identity checks, no account freezes due to compliance reviews, and no permission required to access your own money.

While still unavailable to the public, Off Grid is warming up to be one of the hottest NeoBanks on the market. All the perks, all the benefits, all the privacy.

No news of a token yet either, but assuming they launch with all regulations and audits in place, its very likely we see Off Grid being valued in the millions.

Together, Avici Money and Offgrid Cash show two sides of the same shift. Avici appeals to users who want a smoother, faster financial experience without fully abandoning structure. Off Grid appeals to those who want maximum sovereignty and minimal interference.

Earning yield on your idle asset is a no brainer, no one in 2026 should just hold USDC in their wallet, but what if we could supercharge that yield?

One of the most misunderstood yet genuinely powerful concepts in DeFi is looping. While it’s often associated with past blow-ups, looping done in controlled environments can be a highly capital-efficient way to increase yield.

On Solana, this strategy is making a comeback in a more disciplined form, especially through platforms like LoopScale and Kamino, which are built specifically to reduce the risks that made looping dangerous in earlier cycles.

At its core, looping is simple: you deposit an asset as collateral, borrow against it, redeposit the borrowed funds, and repeat the process a few times. Each loop increases the total amount of capital earning yield without adding new money.

This matters because DeFi rewards gross capital deployed, not net capital. A basic deposit might earn a modest APY, but a carefully looped position can meaningfully amplify returns sometimes 2–4x as long as borrow costs remain predictable.

It's important to keep in mind that looping is effectively leveraged lending, and should be treated with that risk in mind. We are essentially arbitraging lending and borrow rates here.

Looping earned its bad reputation when users over-leveraged volatile assets in floating-rate markets, triggering liquidation cascades. The problem wasn’t only on the looping itself, but looping weak assets without guardrails.

Newer Solana-native platforms such a Loopscale are designed to avoid this by using isolated markets, conservative loan-to-value ratios, and clearer liquidation mechanics.

Kamino focuses on accessibility and survivability, offering more conservative strategies for users who want yield amplification without constant monitoring. The real value of looping isn’t just higher APY, but the capital efficiency.

Funny enough, Kamino decided to completely get rid of the word "Looping" and is marketing it's system as "Multiply". Marketing I guess...

Popular loops on Solana have recently been centered around yield-bearing RWA based stablecoins, allowing users increase exposure significantly to both yields and airdrops.

Those include platforms such as Syrup, OnRe, and Prime.

Overall, I strongly recommend sticking to stablecoin and LST looping, since any other asset would expose one to too much risk for the reward.

As a tip, only open loops when you plan to keep positions open for a while, since execution costs can be quite high, and unwinding positions early can make you unprofitable. A 2-3 Weeks buffer is optimal.

When used correctly, looping is an extremely powerful tool, allowing anyone to access APYs as high as 25% while farming multiple airdrops on leveraged exposure.

[All topics are meant to be educational only. None of it is financial advice, please do your own research.]