Solayer Labs
Solayer operates a restaking network on Solana that enables the reuse of trust assets at the consensus layer to secure multiple decentralized applications, enhancing transaction throughput and block space customization. By providing a yield-bearing stablecoin, sUSD, and optimizing validator yield, Solayer addresses the need for efficient resource allocation and security in decentralized systems.
- Blockchain & Cryptocurrency
- Financial Technology
- Software Only
Funding
Raised to date
$23.4MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 3 rounds
+16$10M · Seed Extension
Announced Mar 2025
Disclosed cumulative: $23.4M
Founders
Product
Problem
Securing decentralized applications (dApps) and ensuring efficient resource allocation within the Solana ecosystem requires robust trust mechanisms. Existing solutions often lack the flexibility to adapt to diverse security needs and the ability to optimize validator yield across multiple applications.
Solution
Solayer operates a restaking network on Solana that enables the reuse of staked SOL to secure various decentralized systems, enhancing transaction throughput and enabling customized block space. The platform introduces Stake-weighted Quality of Service (SwQoS) to create pathways for securing applications on Solana. Solayer also features sSOL, a versatile liquidity interface, and sUSD, a yield-bearing stablecoin backed by real-world assets, allowing users to earn T-Bill yield while securing Solana-integrated systems. By optimizing validator yield and providing restaking incentives, Solayer addresses the need for efficient resource allocation and enhanced security in decentralized environments.
Target Audience
Solayer targets Solana users, DeFi developers, and institutions seeking to enhance the security and efficiency of their decentralized applications and systems.
Features
- Restaking of SOL and SPL tokens to secure modular systems.
- Endogenous AVS (Application Validated Services) for securing systems and applications on Solana using Stake-weighted Quality of Service (SwQoS).
- Exogenous AVS for securing modular systems with SOL and SPL tokens.
- sSOL: A liquid and versatile interface powering AVSs and LRTs by allocating network resources and transaction throughput.
- sUSD: A yield-bearing stablecoin on Solana that earns T-Bill yield.
- Bi-annual re-audits by security firms.
- Bug bounty program for community penetration testing.