solstice finance12

what's solstice finance?

Solstice Finance is a decentralized finance protocol built on the Solana blockchain, focused on onchain asset management. It launched USX, a Solana-native stablecoin that provides users with permissionless access to institutional-grade yields through its YieldVault program. USX is collateralized, composable, and paired with delta-neutral strategies to generate baseline yields without market exposure. The protocol is backed by $1 billion digital asset investment firm Deus X Capital and has rapidly grown to over $200M in TVL since launch. Key features include integrations with platforms like Raydium, Orca, and Kamino for liquidity and leveraged strategies, along with a rewards system using Flares points.

Snapshot

Solstice Finance's USX stablecoin consistently 100%+ collateralized, backed by Deus X, dominates Kamino swaps.

1W ago
TOKEN ECONOMICS

Maintains over 100% collateralization for USX stablecoin consistently every month throughout 2025.

PARTNERSHIP

Backed by investment firm Deus X with over $1 billion assets under management.

TECH EVENT

Launched native Solana stablecoin and YieldVault protocol on September 30, 2025.

2W ago
ONCHAIN METRICS

eUSX is dominating swap volume on Kamino.

ONCHAIN METRICS

Experienced a significant TVL decline as users withdrew capital from the protocol.

RISK ALERT

USX stablecoin depegged to around $0.92-$0.94 on December 26, 2025, with the team attributing it to a secondary market liquidity issue while maintaining that backing remains overcollateralized and 1:1 redemptions remain operational.

FINANCIAL EVENT

Public token sale ended with $923K raised from 666 wallets, falling short of the $4M hard cap target, resulting in full refunds being made available.

OPINION SPECULATION

Makes delta neutral strategy yields of 10-15% publicly accessible to stablecoin holders on Solana, according to a third-party opinion describing this as an unlock for base rate yield.

3W ago
MARKET ACTIVITY

Accepts USDG (issued by Paxos) as collateral, enabling broader execution via OKX and additional yield from reserve rewards layered into the vault.

FINANCIAL EVENT

Raised funding at $130M USD fully diluted valuation with 50% TGE unlock and 50% linear vesting over three months.

TOKEN ECONOMICS

Allocates 50% of SLX token supply to ecosystem incentives including liquidity programs, protocol integrations, and TVL initiatives.

TOKEN ECONOMICS

Protocol revenue flows back to SLX token holders through buybacks

MARKET ACTIVITY

Blocks participation in its token sale for users in the US and UK according to official documentation.

VISIBILITY EVENT

Offers rewards through tonso_ai on Telegram for participation or engagement.

1M ago
FINANCIAL EVENT

Announced a plan to allocate $50 million of its yield fund to Ondo Finance's tokenized Treasury Bill assets.

Airdrop allocates 1% of SLX supply to top 100 Xeet leaderboard participants. (ID: 2000696803998519357)

The SLX community sale takes place on Legion next week.

USX stablecoin reaches $327M TVL with 26,000+ holders, while the staking platform holds $1B in assets and has 20+ partners.

USX achieves $20M liquidity on Exponent Finance, offering 14.3% fixed yield over 56 days on the Solana rate-swapping protocol.

Prediction markets price the one-day-after-launch FDV at $50M with 91% probability, $100M with 66% probability, $200M with 31% probability, and $300M with 13% probability for the December 22 token sale.

The ICO requires a minimum of 100 USX holdings to qualify for ICO benefits according to leaked information.

USX stablecoin integrates with Xelio to enable transfers via text and WhatsApp messaging.

An unannounced snapshot will determine participants' USX and Flares holdings before the ICO on December 22nd.

Token sale for SLX scheduled for December 22.

SLX token distribution splits 1% to creators and 8% to users.

The ICO mechanics will benefit participants holding more USX or Flares tokens.

TVL exceeds 300M and tokenomics show no concerning vesting cliffs at TGE.

TGE confirmed in 11 days with SLX token sale scheduled for December 22nd.

The official Solana account shows support for the project, with USX described as Solana's biggest native stablecoin.

Abu Dhabi 2025 Grand Prix collectible revealed by the project.

New proof of reserves dashboard from AccountableData verifies USX stablecoin is overcollateralized and delta-neutral.

Community sale pricing target mentioned at $50M FDV, with comparisons made to Jupiter's first DTF launch that delivered 5.5x returns for whitelist and 4x for public participants.

Partnership integrations announced with RAYDIUM and ORCA protocols offering 1.3x multiplier on Flares rewards. Ethos platform integration provides 5600 Flares for reviews, with detailed Flares farming program structure revealed including 1200 Flares for X connection, 1000 for wallet connection, and 800 for swapping 100 USX.

Partnership with Solflare introduces Kingdom Quests at Solana Breakpoint this week, where holding USX and eUSX tokens completes 2 out of 4 quests.

The Xeet rewards program is under investigation by crypto investigator Zachxbt, potentially affecting the InfoFi component of the ecosystem.

TGE timeline stated as Q1 2026, which differs from the previously rumored December 21, 2025 date. Top 100 participants in the Xeet program receive 1% of total SLX supply allocation, with YT/PT-USX yield opportunities offering 20-30x Flare returns with February maturity dates.

Token Generation Event rumored for December 21, 2025. USX stablecoin market cap reported at $327.3M.

Free F1 digital collectibles are available for claim on trace.fan platform as part of marketing campaign ahead of winter solstice. Yield opportunities are available through integration with Katana platform.

Sponsorship partnership confirmed with F1 team Haas and driver Ollie Bearman.

Platform reaches 3-year operational milestone, delivering 14.8% APY over the past 12 months with zero months of negative returns in its entire history. F1 sponsorship teaser announced for 2025.

Liquidity providers earn 6% APY and qualify for SLX airdrop opportunity during PreTGE period.

Partnership with Blockfort brings USX into institutional custody and settlement infrastructure used by 40+ clients. Co-founder presents at Solana Breakpoint event in Abu Dhabi next week.

Total Value Locked reaches new high of $325M, progressing toward $375M unlock milestone. Total Flares reward points stand at 43.4 billion.

Bi-weekly reward program pays top 25 Xeet creators $100-$200 in USX. Ethos review task provides over 2000 flares.

USX enables trading on Kalshi prediction markets. Top 100 Xeet posters allocated 1% of total $SLX supply.

Solstice Intern actively teases December 21st Winter Solstice date with hints at major event preparation for flare holders, following period of team silence.

New Ethos booster feature increases Flares dilution rate. Team hints at upcoming integrations. (Tweet ID: 1995504564825694625)

Protocol targets $375M Total Value Locked as next unlock milestone.

USX taps into Swiss payment rails via Blockfort integration.

Possible community sale scheduled for December 21. USX rewards distributed to top 25 participants on Solstice Xeet leaderboard every two weeks.

Solstice Finance rewards users with flares for leaving reviews on ETHOS platform, without restricting rewards to positive reviews only.

Flares now total 37 billion accumulating at 1.67 billion daily, while Exponent Finance sets FDV valuation at approximately $50M.

Polymarket prediction market shows bets against SLX TGE happening on December 21.

USX tokens distributed as rewards to participants ranking on xeet.ai leaderboard during tournament rounds.

Airdrop confirmed for December 21, coinciding with the previously announced TGE date.

The project joins an invite-only mixer at Solana Breakpoint on December 12th at 3 PM with Rockaway_X, Exponent Finance, Onre Finance, Squads Protocol, and Blockworks.

Blockfort, an institutional custody platform using Fireblocks infrastructure, now supports USX as one of only 25 available assets on the Switzerland-based service.

USX implements LayerZero's OFT standard for cross-chain transfers and omnichain functionality.

TGE scheduled for December 21 (Winter Solstice).

The institutional arm launches an Ethereum validator cluster. TVL approaches $375M where the next token unlock is scheduled.

PT-USX launches on Kamino platform with 15.91% APY. Users can now claim 2k Flares for leaving Ethos reviews, while YT-USX offers 30x Flares multiplier and YT-eUSX offers 15x Flares multiplier.

Creator Cards feature launching very soon.

Ethos Network reputation score boosts on Flares rewards are 1.2x for 1600+ score and 1.5x for 2000+ score.

Platform is currently available on Xeet (@xeetdotai) with Ethos-based boost functionality for Flares rewards.

Platform adds X (Twitter) account connection feature to enable additional Ethos-based boost multipliers for Flares rewards.

USX stablecoin TVL reaches $320m for the first time, with the next rewards batch unlocking at $375m TVL.

Platform distributes Cards as additional rewards for top leaderboard performers and implements slashing penalties for improper usage including bots and engagement groups.

MegaETH pre-deposit functionality is now live, allowing users to earn rewards points.

Ethos fully integrates to provide multiplier boosts: 20% extra Flares for 1600+ Ethos scores and 50% extra Flares for 2000+ Ethos scores.

Platform accumulates 18M Flares in the ongoing rewards campaign.

Top 100 participants on the Xeet leaderboard receive a 1% $SLX bonus allocation as part of the rewards structure.

TVL grows 40% over the past month to reach $317M while major competitors (Meteora, Jupiter, Pump.fun, Raydium) decline 20%+ in TVL during the same period.

TVL stands at $316M with #12 ranking among all Solana tokens by TVL, close to flipping Orca at $339M. TGE speculated to occur in 27 days.

The Flares reward campaign timeline extends into Q1 2026, and participants must register their Solana wallets on Xeet's leaderboard page to remain eligible for rewards.

USX launches on Scroll network as a ZK-powered gasless and private stable asset, offering 10-15% APY when staked.

USX ranks as the #5 stablecoin on Solana by market cap.

The eUSX pool on Exponent Finance reaches $17M with expiration on February 9th, offering PT-eUSX APY of 17.35% (15.87% for 100k deposits).

USX liquidity cap on Exponent Finance increases to 30M due to high demand, allowing new deposits for deeper YT/PT-USX trading activity with APY up to 16.5%.

SLX token targets $200M FDV at TGE on December 21, with airdrop calculator tool now available for users to estimate rewards based on their Flares accumulation and TVL currently at $316M.

The protocol manages over $1B in assets through Solstice Staking, a bespoke solution for companies running SOL/EVM nodes, and ranks #12 by TVL among Solana protocols.

Flares accumulation averages ~1.5 billion per day since December 17th, with projections reaching ~69 billion total Flares by Season 1 end on December 21st.

SLX token supply set at 1 billion with 8% (80 million tokens) allocated to Flares holders for airdrop campaign, while total Flares across users reaches 23.6 billion.

eUSX depeg of 0.5% creates arbitrage opportunity with 182% APR for amounts under 1K eUSX (1-day redemption) and 26% APR for larger amounts (7-day redemption). Protocol TVL reaches $315m with 5% growth over recent days.

USX TVL reaches $375m milestone, triggering additional SLX token unlocks for Flares earners as it passes the halfway mark to the next community reward level.

USX liquidity cap on Exponent increases to $30m. New leaderboard partnership with Bantr platform awards affiliate badges to top creators.

$SLX creator rewards program allocates 1% of FDV to top 100 creators on Xeet's Solstice leaderboard, with rewards ranging from 1m at 100m FDV to 5m at 500m FDV. Next token unlock approaches.

Ryan Day responds to TGE timing question with "winter solstice is coming" and confirms "big news sooner than later" regarding December TGE.

USX launches ZK-powered gasless and private stable asset on Scroll blockchain offering 10-15% APY for staking.

Four yield strategies available on Pendle with APYs ranging from 11.90% to 34.53%, total liquidity of 14.40M eUSX and 11.30M USX, offering 10x-20x Solstice Flares reward multipliers with potential airdrop conversion.

$SLX token distribution excludes private rounds and VC allocations, with no early-stage whale participants in the governance token structure.

Exponent raised the cap on their USX liquidity pool which filled to $12m quickly, offering 20x Flares multiplier and USX rewards.

USX integration with ether_fi Cash scheduled for Q1 to enable spending with gasless and private transactions.

Kamino platform offers 18.72% APY on USX deposits with 5x Flares rewards multiplier.

SLX governance token TGE and airdrop scheduled for December. Institutional staking service manages over $1 billion in assets across 9,000+ nodes, while TVL grows by 2-3m daily.

Team attends DevCon conference in Buenos Aires seeking partnership opportunities.

SLX tranche unlocks and Flares scale up at $375M TVL milestone, while $1B USX TVL triggers the first Solstice Burn to permanently remove unissued SLX and tighten supply.

USX TVL crosses $300m milestone.

YT-eUSX forecast to pay out $120 on $100 investment at maturity, while YT-USX expected to result in principal loss despite offering higher flares.

YT-eUSX price declined approximately 39% over the past 13 days (from ~$0.0625 to ~$0.038 per token), now offering 12.63% implied APY and 389,309.17 Flares per day for a $1,000 position at current prices.