The DeFi Opportunity The market opportunity for DeFi is immense but remains stifled by its complexity and inaccessibility. The global DeFi TVL peaked at $180B in 2021 and stabilized at $100B today. It is projected to grow to $500B by 2030 as adoption expands beyond crypto natives. However, DeFi’s complexity—marked by bridges, gas fees, and manual wallet management—limits its accessibility to crypto-native power users. Why Glider? Glider aims to be the middleware powering DeFi’s mass adoption....

IntroductionFluid is rapidly emerging as one of the most innovative DeFi protocols, seamlessly integrating lending, trading, and leverage into a single liquidity layer. Built as an evolution of Instadapp, Fluid takes the foundational principles of smart contract accounts, flash loans, and leveraged yield strategies to a new level. By addressing some of the most persistent inefficiencies in DeFi—fragmented liquidity, capital inefficiency, and complex user experience—Fluid has positioned itself...

Since we wrote about how Sanctum will change the landscape of LSTs on Solana back in April 2024, the sector has seen notable long tail entrants that captured significant market share such as jupSOL and centralized exchanges LSTs like bnSOL and bbSOL. Along with the parabolic growth of economic activity on Solana, we remain confident that LSTs will be a key focus sector and Sanctum will continue to play a crucial role in facilitating that growth. As such, we have built a significant position i...

Stablecoins are undoubtedly one of the few products that has gained true product market fit in crypto. Stablecoins are not only a form of programmable money but they enable practical, everyday use of digital currencies, providing a fast and accessible way to transfer and store value in a decentralized fashion. With the market capitalization of stablecoins at an all-time-high, we expect a continued acceleration with the emergence of new issuers like PayPal and Robinhood capturing market share....

DePIN is making waves in the crypto world, hailed by many as the next inevitable global movement reshaping traditional infrastructure. While skeptics question its necessity, its growing traction and transformative potential can’t be ignored. But what exactly is DePIN, and why is it poised to disrupt entire industries? Let’s break it down.

IntroductionTo date, DeFi has arguably the strongest product-market fit in crypto. As of October 2024, the TVL across DeFi protocols exceeds $86 billion, indicating a gradual recovery from the lows of $36 billion seen in early 2023. DeFi protocols like Uniswap, Raydium, and Maker consistently generate the most revenue. This sustained revenue flow reflects DeFi’s potential for long-term growth. The growth of DeFi is further highlighted by its robust transaction volumes and increasing stablecoi...

Pivot Global is proud to announce our investment in Adrena, a peer-to-pool perpetual trading platform on Solana. The protocol operates on a two-token model featuring $ADX (the governance token) and $ALP (the LP token). $ADX grants users voting rights to govern the platform through the Adrena DAO and also entitles them to a 20% share of the platform's revenue. Meanwhile, $ALP represents the multi-asset pool and earns 70% of the platform's revenue. The remaining 10% will be directed to a fund u...

Over the past year, Solana has firmly established itself alongside Ethereum as the distinct alternative programmable smart contract chain...