Exponent Finance
YieldActive

Exponent Finance

Solana's answer to Pendle. Small TVL but RockawayX and other credit funds run real rate-swap positions here. PRIME listing turns Figure HELOC yield into a fixed-rate market.

01 /

Brief

Solana's fixed-rate yield exchange. Interest-rate swap markets and automated yield strategy vaults. Peaked at $132M TVL in July 2025 (current TVL fluctuates with market expirations), $2B+ cumulative yield volume since late-2024 launch, 35,000+ users. $5M seed round led by Multicoin Capital. v2 opens RWA-backed rate markets with Hastra's PRIME, plus strategy vaults with RockawayX, OnRe, and Solstice.

02 /

Recent activity

Latest moves on the changelog feed.

  • Apr 20, 2026NEW

    Exponent Finance. Solana fixed-rate yield exchange. $100M TVL, $1.8B+ traded volume. v2 opens RWA-backed rate markets.

03 /

Snapshot

Key terms and identifiers.

Asset classes
Treasuries, Private credit
04 /

Milestones

How this player got here.

  1. Apr 2026Exponent Finance. Solana fixed-rate yield exchange. $100M TVL, $1.8B+ traded volume. v2 opens RWA-backed rate markets.
05 /

Connections

Who they build with, build on, integrate with.

Dependency

Where this player builds on, integrates, or relies on others.