Breakpoint 2024: Kaito's Ultimate Alpha-Packed Summary of Product Keynotes
Open-sourcing insights from all 75 product launches at Solana Breakpoint 2024. Made possible with AI. Credits to @sandraaleow.
DeFi
Sanctum (FP Lee)
Sanctum Creator Coins: A new type of coin that allows anyone to build, grow, and monetize their community, with staking yields going to the creator and the ability to exit without losing money.
Cloud Card: The first world Solana debit card enabling spending of stables and SOL in over 100 countries, in collaboration with VISA and Jupyter.
Sky (Rune Christensen)
Launch of the upgraded stablecoin USDS on Solana.
Launch of the upgraded governance token SKY on Solana.
Launch of a tokenized form of the savings rate on Solana.
Introduction of a large liquidity incentive program offering SKY tokens on Solana.
Kamino (Marius C.)
KaminoLend V2 is launched with a market layer and a vault layer to onboard the next leg of adoption in Solana.
The market layer in KaminoLand V2 allows the creation of many more markets for various risk profiles including stablecoins, real-world assets, and meme coins.
The vault layer in KaminoLand V2 simplifies liquidity provision for users and partners to create vaults.
A new UX is introduced in KaminoLand V2 to simplify leveraging, going long or short, and accessing liquidity.
Spot Leverage is a new product in KaminoLand V2 that simplifies being long on Solana by leveraging new markets and the vault layer.
Marinade Finance (Michael Repetny)
Marinade v2 introduces Marinade Native, a non-custodial solution that allows users to keep control of their SOL while delegating the stake authority.
Marinade v2 launches Protected Staking and Warrants (PSR), a system that ensures staking rewards are protected by requiring validators to set up a bond of SOL.
Marinade v2 unveils the Stake Auction Marketplace, enabling stakers to achieve the highest possible rewards by auctioning delegated SOL to Solana validators.
Marinade announces a strategic partnership with Zodiac and Copper, allowing their customers to use Marinade v2 in their custody platforms.
Pyth Network (Mike Cahill)
Pyth Network introduced Pyth Price Feeds v3 with Oracle Integrity Staking, providing price feeds with protection against inaccurate data.
Oracle Integrity Staking allows participants to stake to a publisher, ensuring data quality and earning up to 10% yields.
Flash Trade (Anas Khader)
Flash Trade is launching a new token designed to eliminate linear vesting schedules and align incentives with token holders through governance and yield generation.
Flash Trade is launching Margin Engine v2, which promises to be the most efficient margin engine with minimal fees and a novel funding mechanism.
Flash Trade is introducing limit orders that will be applicable not only to perpetual markets but also to spot tokens.
Squads Labs (Stepan Simkin)
Squads Protocol v5 is being developed with new features like hooks, synchronous transaction execution, new permissions, and performance improvements, and will be formally verified and released on Solana Mainnet later this year.
Additionally, Fuse Pay was introduced as a virtual global Visa prepaid card allowing stablecoin spending directly from the Fuse wallet, leveraging self-custodial smart accounts for secure transactions, initially launching in the US.
FluxBot (Scott Hague)
Scott Hague announced the launch of Fluxbeam Infinity, a new product designed to enhance trading with features like a unified data terminal, integrated Fluxbot for advanced trading functionalities, and an automated algorithmic trading platform.
Additionally, the keynote highlighted Fluxbeam's achievements over the past year, including the success of RugCheck in combating scams on Solana, and the introduction of the Fluxbot Telegram trading bot.
Zeta Markets (Tristan Frizza)
Launch of ZEX, a decentralized exchange with improved performance and user experience, including faster confirmation times and better Wallet UX.
Introduction of Bullet, Solana's first real-time L2, designed to enhance Solana for ultra-low latency use cases.
Polaris (Sunny Aggarwal)
Polaris is a newly announced token portal that aggregates liquidity across different venues and chains, providing a single interface for users to trade all tokens across all chains.
Polaris Vaults is a unique feature that extends existing wallets to support networks they don't natively support, using an MPC service to create a new key controlled by the existing wallet.
The Autopilot feature in Polaris Vaults automates complex trades across multiple networks, handling steps and gas fee payments efficiently in the background.
Ranger (FA2)
Ranger announces the launch of a smart order router to address liquidity fragmentation by routing large orders to multiple DEXs.
Ranger introduces spot margin trading allowing users to trade spot up to 10x leverage.
Ranger plans to integrate three additional PERP DEXs, a P2P OTC platform, and on and off ramps into their smart router.
Wormhole (Robinson Burkey, Dan Reecer)
Launching two Intents protocols: one for native-to-native swaps and another allowing builders to create protocols on top of it.
Upgrading Portal with improvements in speed, cost, and UI/UX, and the upgrade is live.
Launching Wormhole Institutional to enhance multi-chain tokenized asset transfers.
Upgrading Wormhole Connect and the SDK for better integration and functionality.
Obligate - Margarita Finance (Nadine Gisdon, Daniel Killenberger)
Obligate launched Margarita Finance, a platform that allows users to choose their risk-return profile and mix their own yield booster directly on Solana.
Eclipse (Vijay Chetty)
Eclipse is currently on developer mainnet and will move to public mainnet in October.
Eclipse has launched the ETH unified restaking token (URT) for liquid restaking tokens in DeFi.
Eclipse is working on launching a restaking token for Solana LRTs.
Eclipse is partnering with Orca, Solend (rebranded as Save), and Mango for DeFi applications on its platform.
Eclipse is developing a unique block explorer experience for its platform.
SphereNet
A decentralized platform leveraging the Solana Virtual Machine to connect fintechs, banks, and other institutions for improved interoperability in open finance and consumer applications.
DePIN & AI
Filecoin (Juan Benet)
Launch of Project Yellowstone and Old Faithful for archiving Solana data in a decentralized manner.
Introduction of indices and random access to compressed data and zkip compressed data.
New feature for NFT media and websites to be automatically backed up as they enter the Solana chain.
Dabba (Karam Lakshman)
Dabba has launched thousands of broadband connections and hotspots in India to improve internet connectivity.
Dabba has initiated a transition program for Local Cable Operators in India to shift from cable TV infrastructure to fiber optic internet service provision.
Dabba introduced a system where global users can purchase hotspots and connectivity hardware to be installed by Local Cable Operators in India, earning Dabba tokens as rewards.
Roam (Yan Zhang)
Roam is offering a secure, seamless, decentralized network by connecting 600 million public Wi-Fi networks.
Roam is launching e-SIM packages that provide free 5 megabytes data packages upon check-in, available in 198 countries.
A 20 million ROAM token airdrop is announced for all backers, including miner holders and AFI holders.
Partnership with PayFi and DEPIN to provide buy-now-pay-later services using Huma and PolyFlow protocols in countries with strong demand for ROAM networks.
Pipe Network
Pipe Network, a content delivery network using hyperlocal nodes, is launched to deliver data faster by reducing latency.
Pipe Network is currently in private beta, with opportunities to join the test net by running a Pipe Network node or using Pipe CDN.
Project Zero (Alan Chang)
Project Zero is a decentralized energy network aimed at decarbonizing and unblocking the grid.
Fuse Energy App: A licensed retail energy supplier app that shows real-time energy usage and future token earnings.
Fuse installer marketplace: A platform for purchasing solar, batteries, and EV chargers with one click.
Gradient Network (Yuan Gao)
Gradient Network introduced the Sentry Node, a browser extension that facilitates peer-to-peer connections globally while measuring latency, aimed at enhancing the decentralized ecosystem's connectivity and safeguarding its liveliness.
Gradient Network aspires to create an open layer for Edge Computing on Solana by leveraging Edge Compute's potential for real-time user experiences and developing a unified compute layer through innovations like DePin to meet this demand.
Render Network (Trevor Harries Jones)
The upgrade to Solana is complete with the new Burn Mint Equilibrium model now fully operational.
The one-click Render C4D Wizard is now live, simplifying the creation process for artists.
Redshift is now in public beta on the Render Network.
Great progress has been made on the Blender Cycles integration, moving it to Testnet.
APIs have been expanded to allow compute clients to access GPUs on a per-instance reservation basis.
CrunchDAO ( Jean Hérelle)
CrunchDAO launched a new product named Pi, which allows users to generate unique datasets by asking simple questions, focusing specifically on the foreign exchange market and producing time series data not available elsewhere.
Users can connect their wallets and engage with Pi to process questions through relevant documentation, unlocking new insights and opportunities in a $1.2 billion annual market.
Moonwalk Fitness (Caitlin Cook)
Upcoming launch of the Moonwalk iOS app.
Subsequent launch of the Moonwalk Android app.
Implementation of Fiat Rails for game entry using Apple Pay, PayPal, and Credit Cards.
dVIN Labs (David Garrett)
dVIN Labs launched a champagne NFT that acts as a digital twin for a physical bottle of champagne, which includes a VinCoin airdrop.
VinCoin is now available on Jupiter, providing a new opportunity for trading and acquiring the digital currency.
Stablecoins
Perena (Anna Yuan)
Perena launched its first product, Numeraire, a bounded, extensible, multi-asset stable swap with configurable equilibrium designed to manage liquidity efficiently on Solana.
Perena plans to support stablecoin issuer diversification and launch a tranched synthetic dollar with isolated risk profiles in the future.
Solayer (Jason Li)
Solayer has announced the launch of Solayer USD, a yield-bearing token backed by RWA assets in collaboration with Open Eden.
Solayer is introducing SUSDC, a self-rebasing stablecoin on Solana that maintains a token price of $1 while reflecting value accrual through the amount held.
Coins.ph (Wei Zhou)
Securitize & Wormhole (Carlos Domingo, Robinson Burkey)
Securitize announced its collaboration with Wormhole and Solana to enhance the scalability and cross-chain interoperability of its tokenized assets, enabling the deployment and movement of tokenized securities across multiple blockchains.
This partnership will facilitate a unified multi-chain user experience with institutional compliance, allowing Securitize to maintain synchronized token states and liquidity across different blockchains, including Solana.
ZAR (Brandon T)
ZAR is launched as a platform that accelerates stablecoin adoption by leveraging existing mobile money agent networks to create a decentralized cash on-ramp for emerging markets.
ZAR introduces a stablecoin-only wallet that abstracts complexity for users, complete with a debit card to access cash and pay for daily needs.
ZARSOLANA offers a public utility cash work for Web 3 platforms, with an SDK enabling any wallet or app to integrate its on-ramp service.
Wallet/ Payments
Rally (Chris Maddern, Christine Hall)
Rally is developing a mobile-first, multiplayer Web3 wallet that enhances user engagement with seamless social connections, native payments, gas-free transactions, and social referral programs.
Reap (Felix Chung, Raphael Dieu)
Reap launched the Reap Card, a Visa card that enables payments using stablecoins.
Reap introduced Reap Pay, a B2B payments product that allows stablecoin payments to fiat.
Reap announced integration with Solana, allowing users to operate and grow Web3 projects using stablecoins.
Sling (Mike Hudack)
Launch of Sling Link integrating Solana, stablecoins, and real-time payment networks for instant global money transfers.
Introduction of a self-custodial wallet feature allowing users to own their keys and integrate with Phantom.
Addition of stablecoins like USDC and USDP in Sling for seamless transactions.
Expansion of instant money transfer services to 150+ countries with interoperability across the Solana ecosystem.
WalletConnect (Jess Houlgrave)
WalletConnect announced the launch of the WalletConnect token, which will govern and serve as the fee-paying system for the WalletConnect economy.
Reown introduced AppKit, a full stack developer toolkit that includes email-embedded wallets, social account logins, and swaps and on-ramps, now live and fully functional in Solana.
Reown launched WalletKit, a toolkit for wallet developers to enable communication through the WalletConnect network.
CodeWallet (Tanner Philp)
Code Wallet launched a new feature called 'tip card' that allows creators to connect their X account to generate a custom tip card for community growth and monetization.
Bridge (Marco Mahrus)
Bridge announced a new feature allowing users to spend directly from their stablecoin balance via a card accepted everywhere that cards are accepted.
Fuse Pay wallet users can now create a card account within the app, offering a self-custody card product with delegated card balance and controlled spending limits.
The new card product is integrated with Apple Pay for both in-person and e-commerce transactions.
Bridging
Debridge (Alex Smirnov)
Launch of a zero-TV intent-based model for bridging enabling instant transfers with guaranteed rates.
Introduction of native Bitcoin trading on Solana through deBridge's cross-chain infrastructure.
Launch of gasless bridging and same-chain intents powered by deBridge.
Introduction of social-fi apps powered by deBridge.
Launch of DPR token on October 17th, 8 a.m. UTC time.
RWA/ PayFi
Huma (Erbil Karaman)
Huma protocol is launching on Solana as the most advanced RWA protocol to ever launch on the platform.
Huma Finance has already processed $1.9B in PayFi transactions, growing 10% month over month—with zero credit defaults.
PayFi is introduced as a new product of RWA, aiming to bring sustainable and double-digit yield on-chain.
Kast Finance (Raagulan Pathy)
Kast Finance has launched a Solana Validator with partner Kiln offering a 0% commission and 100% MEV kickback, with an APY of 7.6%.
Kast introduces Payfi, allowing users to spend up to 60% of their SOL holdings interest-free forever.
The Solana card is available for pre-order, including a free virtual card and a premium black metal card with added benefits.
Kast unveils the Solana solid gold card, the heaviest solid gold card ever made, available for pre-order with only 100 units for sale.
DeSci
Pump.science (Paul Kohlhaas)
Launch of Pump.science, a marketplace for testing early-stage longevity cocktails or compounds live in worm experiments.
Introduction of Pump.fund, a platform for trading live data streams from tokenized longevity experiments.
Deployment of two markets that are live for trading on pump.science and pump.fund.
Gaming & NFT
Magic Eden (Jack Lu)
Launch of seamless login and multi-chain identity product, enabling users to create a Magic Eden account with social logins and manage multi-chain addresses.
Introduction of the ability to trade all asset classes across all chains within the Magic Eden marketplace.
Expansion of engaging experiences on Magic Eden with more types of quests and a rewards program.
Adoption of the ME token as the central utility token and reward incentive, with claims and rewards available through the mobile app.
DRiP (Vibhu Norby)
Launched the DRiP Creator Studio a month ago, allowing creators to publish their content and media on the Solana blockchain as a collectible.
Announced the open public beta for DRiP Mobile on iOS and Android, with live demo features including gasless transactions and crypto auctions.
Parallel (Kohji Nagata)
Introduction of 'Colony', a one and a half player survival sim game powered by Solana, optimized for the Solana phone, where players work alongside AI and other players to help their colony survive disasters while gathering rare resources.
Announcement that 'Colony' is now fully playable on both iOS and Android devices with richer worlds, expanded avatars collection, and new NPCs, ahead of a closed alpha release in early 2025.
Tensor (Richard Wu)
Tensor has open sourced all five of its protocols, creating the Open NFT Finance Layer, which includes the NFT Marketplace, NFT AMM, PriceLock, SQL, and Whitelist.
Tensor is offering a free and fully spec'd out Web2 API, enabling users to clone their entire front end in a single day.
Tensor has introduced a new business model with a 50-50 fee split, where 50% of all fees go to the Tensor Foundation Treasury and 50% go directly to developers.
Tensor Foundation has officially opened up their grant program for developers building on top of their protocols.
FrodoBots (Michael Cho)
FrodoBots launched their first gaming title called Earth Rovers, a browser-based game where players control cyborg robots in real-world navigation missions.
FrodoBots introduced a scavenger hunt gameplay mode allowing players to purchase a robot for $300 and engage in a Pokemon Go-like experience to collect loot boxes and NFTs.
Photo Finish Live (Ian Cummings)
Photo Finish Live is now the very first real money horse racing game approved by Apple.
Photo Finish is a launch day partner with the Seeker.
Bonk for Paws: Only Pawsible on Solana (Veets, Tendies)
Launch of Bonk for Paws, a charitable initiative within the BONK ecosystem, utilizing blockchain technology for donations to animal charities.
Introduction of a platform feature that allows users to donate in Solana or USDC, with the option to donate anonymously or receive a tax receipt.
Launch of a matching donation program where donations in BONK are matched along with burning 1% of the donated amount in BONK.
Introduction of BowBow fashion line merchandise sales, with 100% of sales matched by BONK and donated to charity partners.
Analytics
CryptoHouse (Derek Chia)
Launch of CryptoHouse, a free blockchain analytics service powered by ClickHouse and Goldsky.
Introduction of Mirror by Goldsky, a core product that provides real-time data through a data pipeline for CryptoHouse.
ReFi
Powerledger
Powerledger is expanding onto the Solana Mainnet, migrating its products from the Powerledger blockchain to Solana.
The POWR token, which is currently an ERC20 token, will be issued on Solana with a portion locked up, allowing it to be available on Solana.
A liquidity pool for POWR tokens will be created on Radium, enabling buying and selling on Solana.
Powerledger is releasing a limited edition NFT, and scanning its QR code will qualify participants for a POWR token airdrop on Solana.
Bitcoin on Solana
Zeus (Jim Ironaddicteddog, Dean Little)
Apollo, a platform for users to deposit BTC and earn yield on Solana, has been launched.
ZeusScan, a Bitcoin Solana Interaction Explorer, is now live at ZeusScan.io.
ChatBuffer, an SPPF assembly optimized parallel data buffer for fast on-chain data transactions, has been introduced.
Locos, a library implementing the entire Bitcoin protocol in Rust, is scheduled to be open-sourced in Q1 of 2025.
Stacks (Muneeb Ali)
Stacks developers are working on bringing sBTC to Solana, allowing Bitcoin to be used on Solana's faster and programmable platform.
Others
Jambo (James Zhang, Sam Kang)
Jambo V2 launched at Solana Breakpoint 2024, priced at $99 with double the specs, shipping to 128 countries, and featuring Jambo GPT for accessing ChatGPT and crypto live feed.
Jambo V2 includes a feature for direct actions through JamboGPT and a pre-installed Jambo wallet for future interactions.
Jambo V2 will start shipping in one month and is available for order through a QR code, with delivery expected within two months.
Jambo announced an upcoming integration with Mr. Bonk for airdrops into the Jambo V2 phones in the next few months.
Blinks (Chris Osborn)
In June, Dialect launched Blinks, a new technology in collaboration with Solana Foundation, which enhances URLs to enable actions directly where the link is shared.
On launch day, Blinks allowed users to perform actions such as swapping tokens, minting NFTs, voting on governance, and subscribing to premium content directly from their timeline, with integrations from wallets like Phantom and Backpack.
Blinks have expanded to include features like sign message, optional transactions, and external links, broadening their functionality beyond Web2 platforms to create a hyper-portable, hyper-composable internet experience.
Risc Zero (Jacob Everly)
RISC Zero introduces a zkVM that allows developers to write programs in Rust, significantly reducing development time and enhancing security and maintainability.
RISC Zero launches an innovation called 'continuations' for generating infinite proofs, enabling boundless execution for developers.
RISC Zero announces the ability to verify complex trading strategies and integrate Web 2.0 infrastructure like ZK logins with OAuth tokens inside the zkVM.
RISC Zero is building a protocol called the verifiable compute layer, which allows any blockchain to elastically demand execution, similar to how Chainlink provides price feeds to every chain.
BonkBot (Nom)
BonkBot is moving to a completely non-custodial platform.
BonkLive platform has been launched for trading new tokens.
A new fashion line called BowBow and Venta is launched to support animal charities.
The first Bonk exchange-traded product, similar to a Bonk ETF, is being launched in collaboration with Osprey Funds.
MetaDAO
MetaDAO launches live decision markets on Solana for evaluating proposals based on their impact on the native token.
MetaDAO plans to introduce decision markets for any metric, allowing startups, companies, and governments to measure the impact of various decisions.
Mantis (Omar Zaki)
Launch of Mantis, a Solana network extension L2 focused on processing user intents, featuring components like Mantis Rollup, Mantis Protocol, and Mantis application.
Introduction of Mantis Rollup, a natively IBC-enabled SPM rollup on Solana, allowing users to submit intents from Ethereum and Solana and earn native yield.
Launch of Mantis Protocol, facilitating intent processing and settlement across different chains with a network of solvers, similar to UniswapX and CoW Swap experiences on Ethereum.
Travala (Juan Otero)
Travala announced its integration with the Solana network, allowing transactions with assets like USDT, USDC, and Sol with zero transaction fees, alongside the deployment of the AVA token on Solana as decided by the Solana Foundation's community vote.
The introduction of the Open Loyalty program, powered by the AVA token, offers interconnected Web3 loyalty benefits within the Solana ecosystem, including discounts, airdrops, and access to exclusive perks like airport lounges for top-tier members.
Legion.cc (Fabrizio Giabardo)
Introducing Legion.cc, a regulatory compliant platform for pre-TGE fundraising and token launches.
Legion.cc features a reputation system to ensure high-quality network participants and investor accountability.
Legion.cc offers a two-way opt-in feature for public markets, bringing a private market experience to a broader audience.
Compliant ICOs are announced to be coming to Solana soon through Legion.cc.
Kinobi (Loris Leiva)
Launch of Kinobi, a developer tool designed to create IDLs for Solana programs and enable interoperability.
Introduction of a new feature in Kinobi to generate program clients in various languages, including a JS client compatible with the new Web3.js release candidate.
Announcement of Kinobi's capability to generate full applications, including CLI tools, documentation websites, and React components.
Launch of a feature allowing users to create custom Kinobi IDLs by merging existing IDLs to generate new clients without external dependencies.
Forma (Farhaj Mayan)
Launch of the first Solana Economic Zone in Buenos Aires, Argentina, featuring a two-story campus for collaboration and development.
Implementation of Solana USDT payment at over 2,000 small businesses in Argentina, set to go live next week.
Arcium (Yannik Schrade)
Arcium introduces ARC-OS, the first decentralized encrypted operating system designed to power Arcium.
Arcium launches a custom Rust compiler that enables developers to add confidentiality and security to their applications by compiling arbitrary Rust programs into a format that Arcium can securely process.
Ottersec (Robert Chen)
Robert Chen discussed a pervasive bug in the Solana Rust compiler that causes random stack corruption in Solana programs due to stack overflow issues when overly large arrays are allocated in safe Rust. He highlighted the significance of compiler warnings and suggested checking logs to avoid unexpected behavior in smart contracts.
To mitigate the issue, Chen recommended using updated versions like Anchor's v2.0, disabling direct mapping in testing environments to catch stack overflows, and paying attention to compiler warnings while also suggesting that reading the assembly code might be necessary to understand what is happening under the hood.
Finternet (Siddharth Shetty)
Introduction of the 'Finternet', a system aimed at giving individuals and businesses complete agency over various types of assets using universal ledger infrastructure.
Launch of tokenization capabilities allowing institutions like commercial banks and asset managers to issue electronic representations of assets to users.
Development of a framework for interoperability among multiple ledger infrastructures to accommodate diverse asset types.
Inclusion of third-party service providers such as escrow providers and insurers to enhance transaction trust and security within the Finternet system.
Streamflow (Malisha imprfekt)
Streamflow is launching permissionless token staking as a service in October, allowing any token to be staked and to create a staking pool with any token as a reward.
Streamflow is introducing Aligned Unlocks, a milestone-based unlocking mechanism for tokens on Solana, also launching in October.
Streamflow is launching its token in October as part of its Streamflow V2 initiative, which aims to decentralize the platform and turn users into stakeholders.
Bonsol (Austin Adams)
Bonsol, an off-chain compute framework, is now available on mainnet and devnet, allowing for extended program capabilities on Solana without compute unit or transaction size limitations.
World ID on Solana (Ian Dilick)
World ID is being launched for integration on the Solana blockchain, moving from Ethereum mainnet to Solana with the help of Wormhole Labs.
DSCVR has launched their World ID integration, allowing users to sign in with World ID.
DRIP has integrated World ID to offer a sign-on bonus of droplets to users verified with World ID.
Forgd (Shane Molidor)
Forgd introduces Token Designer, an end-to-end software toolkit for managing all aspects of tokenomics, including supply and demand modeling and post-TGE performance simulation.
Forgd offers integrations with over 30 major market makers and an automated RFQ process for engaging market makers.
Forgd provides tools for exchange listings that allow users to track historical performance, access listing fees, and conduct due diligence for centralized venues.
Forgd transforms into a command station after token launch, offering a dashboard for monitoring market maker activity and tracking global liquidity and volume.
Forgd introduces a tool for token unlock monitoring, allowing users to track inflation, monitor sell pressure, and correlate these with price performance for optimized price strategy.
Helio (Stijn Paumen)
Helio announced the launch of Blinks for Shopify, enabling Shopify brands to sell directly from a virtual town square.
Helio introduced a new feature in their dashboard allowing merchants to offer discounts to Seeker holders, a group of 200,000 crypto-fluent customers
Helio expanded their suite of Web3 features to allow airdrops during purchases and to enable merchants to accept their own tokens as payment in Shopify.