This is an episode from Blockworks' new podcast Lightspeed! Lightspeed focuses on crypto projects that are pushing the limits of hardware and software to build first-class products. I'm dropping this Solana DeFi Panel episode here as I bet you'll want to add Lightspeed to your podcast lineup! Subscribe to Lightspeed by using the links below:

Subscribe on YouTube: https://bit.ly/43o3Syk

Subscribe on Apple: https://apple.co/3OhiXgV

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Solana DeFi is having a resurgence, and Solana DeFi Summer is a narrative that's starting to emerge. What's the catalyst behind this resurgence, and is it sustainable? We bring on Jarry Xiao, Lucas Bruder and MacBrennan Peet to find out. We discuss why Solana DeFi is seeing a resurgence, token incentives, CLOBS vs AMMs, metrics that define a healthy ecosystem, what's next for Solana DeFi, liquid staking and more.

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Timestamps:

(00:00) Introduction

(01:15) What’s Going on in Solana DeFi?

(05:02) Token Incentives and Points

(14:24) What Will Spark Solana's DeFi Summer?

(15:56) Capital Efficiency: CLOBS vs AMMs

(16:13) Is Solana a Consumer or Professional DeFi Chain?

(25:46) The Best Metrics to Evaluate a DeFi Ecosystem

(34:49) Jito Liquid Staking ad

(35:55) Permissionless ad

(36:55) Understanding Risk and Avoiding Crazy APYs

(41:08) What’s Next for Solana DeFi?

(44:10) Building on Solana vs L2s

(50:41) Applications vs L1s: Who Owns the User Mindshare?

(53:12) Who Will Use DeFi?

(56:23) Your Most Controversial Crypto Take

(01:09:09) Rapid Fire

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This episode is brought to you by Jito.

Jito is the easiest way to earn MEV rewards on Solana with liquid staking. Stake your SOL with Jito to start earning high yield powered by MEV and access instant liquidity through Jito’s liquid staking token JitoSOL so that you can use your staked assets across Solana DeFi. Visit jito.network to get started today!

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Follow Lucas:https://twitter.com/buffalu__

Follow Jarry: https://twitter.com/jarxiao

Follow Macbrennan: https://twitter.com/macbrennan

Follow Mert: https://twitter.com/0xMert_

Follow Garrett: https://twitter.com/GarrettHarper_

Follow Lightspeed: https://twitter.com/Lightspeedpodhq

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

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Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

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Resources

Jito

jito.network

MarginFi

https://www.marginfi.com/

https://twitter.com/marginfi

Ellipsis Labs

https://ellipsislabs.xyz/

https://twitter.com/ellipsis_labs

Phoenix

https://twitter.com/PhoenixTrade_

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Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.