what's Step Finance?
Step Finance is a comprehensive DeFi dashboard and analytics platform built on the Solana blockchain. It serves as the front page of Solana, enabling users to visualize, analyze, and manage their portfolios across various Solana protocols in one unified interface. Users can track tokens, liquidity positions, staking yields, and other DeFi activities associated with their wallets, providing real-time insights into on-chain assets and transactions. The platform aggregates data from multiple Solana ecosystems, allowing seamless execution of swaps, participation in yield farms, and interactions with automated vaults directly from the dashboard. Step Finance integrates with leading Solana DEXs and protocols to optimize user experience, including advanced features like portfolio sharing and performance analytics. It emphasizes user-friendly design while supporting complex DeFi strategies on Solana's high-speed network.
Step Finance suffered a $28.9M hack in Jan 2026, the month's largest crypto security breach.
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Suffered hack with $40M losses, STEP token dropped 97.5%, shut down operations.
Experienced a security breach affecting treasury and fee wallets, with approximately 261,854 SOL (worth roughly $30 million) unstaked and moved during the incident.
Participated in an AMA hosted by Duel Duck on January 23, 2026.
Sunsets Transaction History V3 on 2026-01-14 (middle of next week from January 7th).
Remora Markets' rStocks launch on Loopscale with FlashTrade FLP.r, offering users 21.6% APY for lending USDC plus 1M STEP token rewards.
Suffered exploit January 31, 2026, resulting in $28.9M loss. Wound down SolanaFloor and Remora Markets February 23, 2026, with a buyback planned for STEP holders.
10+ Solana developers transition from maintaining Step Finance infrastructure to building Remora Markets, described as a revenue powerhouse, with focus on tokenized stocks for 2026.
Buyback program is 32% complete and testing a new duration of approximately 2 weeks.
Titan Exchange integration goes live, with swap functionality now operational on both Dashboard and Step Wallet.
New Wallet Cleanup feature on Step Dashboard enables users to reclaim SOL rent deposits, swap dust tokens to STEP, and burn unwanted tokens.
POL campaign deployed $679,279 USD in liquidity to Raydium LP since August; strategy now shifts to 100% revenue buybacks instead of 50/50 liquidity pairing.
Since August POL campaign, $679,279 in liquidity was deployed to Raydium LP; the project now reverts to 100% buyback strategy using all fee wallet revenue to purchase tokens instead of the previous 50/50 split model.
Step developers announce upcoming integration of Titan into swap functionality.
2 million STEP tokens ($100,000 USD) allocated as incentives for rStock pairs on Meteora platform through partnership with Remora Markets, offering 20-week rewards program for onchain stock portfolio yield farming.
New dashboard feature enables users to swap multiple dust tokens into STEP or stepSOL in single transaction.
New Earn page launches on Dashboard V3, offering curated yield opportunities for SOL and STEP tokens.
New yield farming strategy enables double-dipping rewards by staking SOL through The Vault Finance and looping vSOL on Kamino Finance.
New dashboard feature enables dust token conversion to STEP via Wallet Cleanup tab.
Protocol buybacks reach 23M tokens through fee wallet accumulation, increasing from 18.7M reported in April.
New reward options available for claiming on dashboard, currently in-the-money for all swap participants.
Protocol accumulated 20M tokens for potential burn following a recent 100M token burn.
Validator revenue surges as Solana network fees reach new monthly highs.
Protocol implements revenue sharing through token buybacks for xSTEP stakers, with zero inflation mechanics.
Protocol buybacks reach 18.7M tokens (5.36% of supply) after acquiring additional 1.11% in past month.
Dashboard V3 release enables encrypted portfolio management across all devices with multi-wallet support.
New 7.5x delegation multiplier and buyback program launches on Kamino Finance.
vSOL directed staking now available through Step validator with Kamino Multiply yield optimization.
Major token burn of 150M tokens results in top-tier FDV ratio of 0.91 in Solana ecosystem, with no VC selling pressure.
New yield farming strategy launches with dual airdrops and 170% validator growth, boosting buyback pressure through increased stake delegation.
Substantial token buyback program accumulates 147M tokens while reducing circulating supply.
Fee wallet acquired 2.7M STEP in past 30 days, bringing total to 13,955,027 STEP ($1,186,442.51 USD) since previous burn.
Announced acquisition of Remora Markets to expand into RWA market on Solana. Launch expected Q1 2025.
Burned 10,000,000 STEP ($956,980.51), approximately 2.8% of total supply, purchased using revenue over past 30 days.
Fee wallet acquired 2.18M STEP tokens in past 7 days.
DeFi project on Solana providing LP rewards through Kamino and Raydium. Offers validator staking with 100% of commissions used for token buybacks.