Brazil is quietly becoming the powerhouse of builders on Solana.
The Garage just proved it. 4 weeks, one room, and a wave of teams that are already shipping with real traction and serious theses. Here's who you should be watching for @colosseum :
@usebido turning AI agent traffic into a monetization layer
@riptidesim stress testing Solana programs before they ever touch mainnet
@OpenDevT making Solana transactions actually readable for devs
@Credit_Markets bringing emerging market credit onchain through tokenization
@norafinancexyz building the Brazilian Real stablecoin ecosystem
@4payfinance plugging Pix and boleto straight into Solana, fully bootstrapped with real volume
@defundsfinance institutional asset management with self custody and live NAV
@AnemoneDefi letting users lock in fixed rates onchain
@kaxisclub onchain carry trade, already 10M USD moved in their Web2 run
@lemonycash killing FX losses and IOF for global media buyers
@vayofinance embedded yield any fintech can integrate via API
@BlackwidowDefi autonomous, risk aware yield that exits before things break
@tokenflowtech the data layer built for the people who run a token, not just watch it
@zupyoficial coupons turned into a measurable growth channel for merchants
@averefi a credit neobank for everyone FICO can't see
And this is just a slice. There are MANY more Brazilian teams cooking right now that didn't fit in one post.
The next cycle of Solana builders speaks Portuguese. @solana
PS: Thanks @banimonteiro for the art! ACCELERATE!
See how Anemone works 🐚
Three flows in one protocol:
→ Protect yourself from DeFi lending rate volatility
→ Speculate on rate moves with leverage
→ Or join the liquidity pool and earn extra yield.
Demo below ⤵️ @colosseum
USDC lending rates on @kamino have averaged 10-15% APY over the last 48h.
why? an unrelated EVM exploit scared people across defi, and some started pulling capital.
nothing changed on @kamino itself.
same markets, same risk, higher yield.
Because of the recent hacks
@kamino markets hit 100% utilization
Main market $165M borrowed out of $171M available
Multiple vaults are sitting above 95% utilization with very thin liquidity left
That's why APYs doubled overnight from 4-5% to 10-12%
Crazy times...
You are paying 32%
For borrowing USDC on @Loopscale
Utilization is almost full
Check your Loop positions on protocols otherwise you can stuck in with negative apy
@jussy_world@Loopscale 32% borrow rate is brutal if you're already locked in.
This is exactly the volatility that makes on-chain rate
hedging necessary. In TradFi, anyone with a 5-figure
position would have a swap to protect against this.
Almost nothing built on Solana for it yet.
This is exactly why rate hedging needs to exist on Solana.
Lenders woke up to APYs doubling overnight.
Borrowers locked in at 5% suddenly paying 12%.
Both sides got blindsided with no way to protect themselves.
Building Anemone for this — bilateral IR swaps with daily
settlement on @solana.
@milianstx IR swaps on Solana.
$469T market in TradFi, <$100M in DeFi. No native way to hedge lending rate volatility on Solana yet.
We let traders lock or speculate on rates while LPs earn enhanced yield.
Happy to share more in DMs.
Week 2 Update:
This week:
→ Full swap lifecycle live: Open → Settle → Mature → Claim
→ Dynamic spread model protecting LPs automatically
→ Liquidation, close early, and add collateral flows
→ Permissionless settlement (anyone can trigger, earns fee)
→ MEV protection built into open swap
Next Week: keeper bot + devnet deploy.
Week 2 Update:
This week:
→ Full swap lifecycle live: Open → Settle → Mature → Claim
��� Dynamic spread model protecting LPs automatically
→ Liquidation, close early, and add collateral flows
→ Permissionless settlement (anyone can trigger, earns fee)
→ MEV protection built into open swap
Next Week: keeper bot + devnet deploy.
Spent the last 2 weeks locked in building:
@AnemoneDefi — Interest Rate Swaps on Solana.
Just hit a big checkpoint: full swap lifecycle
working end-to-end on localnet.
Open → Settle → Mature → Claim
Open → Liquidate
Open → Close Early
13 instructions. 56 tests passing. Running against
real Kamino mainnet data.
The core trading engine is done. Now: polish,
integration, frontend and devnet.
A few weeks to ship. Halfway there.
Full swap lifecycle is live on Anemone 🐚
Open → Settle → Mature → Claim
Or: Open → Liquidate
Or: Open → Close Early
All running end-to-end on localnet with real
Kamino mainnet data.
13 instructions. 56 tests passing.
@AnemoneDefi This week:
→ Core architecture live
→ Kamino K-Lend integration for real-time rate reading
→ Full LP flow: deposit, shares, withdrawal + fees
→ CPI to Kamino so LP funds generate yield
→ Security audit and tests
Building at @colosseum Frontier Hackathon.