what's project 0?
Project 0 is a DeFi-native prime brokerage protocol built on the Solana blockchain, designed to enable unified margin and portfolio-wide risk management across multiple decentralized venues. It addresses key inefficiencies in traditional DeFi lending by allowing users to borrow against their entire portfolio of assets from various protocols, such as Kamino Finance, Drift Protocol, and Jupiter Exchange, without the need for isolated overcollateralization. This is achieved through a trustless, composable system that aggregates collateral and liquidity, reducing capital fragmentation and enabling seamless cross-platform strategies. At its core, Project 0 operates as a multi-venue lending market where users can supply assets to earn yields and borrow against a shared pool of credit. The protocol features advanced risk management, including partial liquidations and pegged pricing for liquid staking tokens (LSTs) to mitigate liquidation risks from price volatility. Built on audited infrastructure from partners like Marginfi, it supports features such as looping strategies (e.g., mSOL/SOL) and integrations that unlock new liquidity opportunities, all powered by Solana's high-speed composability. Project 0 represents a shift toward centralized-like efficiency in DeFi, serving as a foundational layer for institutional-grade tools while remaining fully decentralized and non-custodial.
Project 0's recent upgrade caused temporary integration issues with Loopscale and Perena, now resolved.
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x.com/0dotxyzReleased an upgrade that included an undocumented change causing temporary integration issues with Loopscale and Perena, which were subsequently resolved by the affected integrators.
Pay product early access is now available for signup, and Brutus component announced as critical with upcoming public metrics.
Token launch set for Q1 2026, announced at Breakpoint 2025. Sister app marginfi has run Solana's longest running points program since 2023.
Two speaking engagements confirmed for December 12 - Breakpoint Absolute Cinema Stage at 4:05pm and Solana Money Summit at 3:20pm.
Platform plans integrations with Drift and Jupiter platforms to increase user opportunities.
The project presents at Solana Breakpoint conference in Abu Dhabi on December 12 at 4:50pm and is described as "largest defi prime broker" in the conference's DeFi category.
Incentive payments for certain assets are delayed due to a backlog that is being addressed.
Todd Jackson (@tjack) joins as an investor in the project, with the team noting they previously built products together at Twitter.
ORE/USD price feeds powered by Pyth Network are now live on the platform.
ORE is now live as DeFi collateral on the platform.
Platform plans to increase hyUSD deposit capacity over the coming weeks, with current 20%+ APY available on stablecoins.
Integration with Hylo is now live, enabling users to utilize Hylo products on the platform.
Over $10 million deposited to Kamino through the platform. Drift and Save integrations are next.
SOL holders can now stake for over 20% APY with a 3x staking rate.
bulkSOL asset listing announced on the platform.
The project is hiring for a Business Development/Partnerships/Go-To-Market Lead position.
A new exchange listing is scheduled for this week.
Platform records $50M deposit growth and $25M borrow growth over 45 days, normalized for SOL price fluctuations.
Adam Chambers promoted to Chief Product Officer (CPO) and Jon Gurary promoted to Chief Technology Officer (CTO).
$CASH is now live as a collateral asset that users can utilize across multiple venues on the platform.
Campaign attracts over $1M in deposits within less than 2 hours, prompting the team to increase deposit caps.
Total value secured across Project 0 systems exceeds $400M, with additional funds being added to the platform.
Project 0 built its core infrastructure using Switchboard, with ongoing collaboration between the two projects confirmed.
A leveraged arbitrage opportunity exists between Kamino USDG lending yield and USDT borrowing rates with looping capability, with only $300K currently deployed and significant remaining capacity available.
Project 0 launched a growth campaign with Marinade Finance, with mSOL TVL increasing by approximately $2M in the past week to bring total TVL to over $19.2M.
Token allocation structure announced with 15% airdrop for marginfi and Project 0 points holders, 5% for power users and integration partners, ahead of upcoming token launch.
Users can borrow stablecoins at rates under 12% APR on the platform.
Borrowing rates are reduced to position the platform as a preferred borrowing venue on Solana. Integration with Kamino adds assets to the risk and liquidity engine, creating new arbitrage opportunities for early access users.
Platform launches live arbitrage opportunities available to point holders, marking the first utility for the points system, with additional arbitrage opportunities being progressively rolled out.
The Kamino integration is now live with top 5K points holders gaining access to arbitrage spreads and unified borrowing across three progressively rolling Kamino markets (Main, Maple, JLP).
SOL holders can earn 13% unsubsidized yield on the platform.
Integration with Switchboard oracle service is confirmed, with the project listed among prominent DeFi protocols using the platform.
The team announces preparation for launching a second venue, describing it as potentially making DeFi history.
$zBTC is now live and listed on the platform's GTM listings feature.
A launch event has occurred with the project being described as ambitious and innovative in the DeFi space.
The project officially launches as the first generalized DeFi-native prime broker and will power marginfi program, dApp, and MRGN validators.