Luke Truitt retweeted
The USDC Hylo Vault cap is now $10M.
Earn up to 8.98% APY lending USDC against @hylo_so’s eHYUSD and @ExponentFinance’s Hylo fixed-yield and tranching markets.
Depositors earn hyUSD rewards, plus 2x Hylo XP.
Earn up to 8.98% APY lending USDC against @hylo_so’s eHYUSD and @ExponentFinance’s Hylo fixed-yield and tranching markets.
Depositors earn hyUSD rewards, plus 2x Hylo XP.
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Luke Truitt retweeted
A silent beast in the making?
Loopscale and Orca merged, so we now have:
- @orca_so → trading + LPing
- @Loopscale → earning
- @formation_so → public capital markets onchain
@Luketruitt on Formation:
“AI, robotics and factories need massive amounts of capital. Tokenization ting in it cheaper and easier.”
Loopscale and Orca merged, so we now have:
- @orca_so → trading + LPing
- @Loopscale → earning
- @formation_so → public capital markets onchain
@Luketruitt on Formation:
“AI, robotics and factories need massive amounts of capital. Tokenization ting in it cheaper and easier.”
back to defi:
spent the day to find the highest stablecoin yields on solana
and I tell you passive income isn't dead yet:
$10,000 in stables can still earn you ~$2,000+/year (without stressing out about liquidation, rugs, etc.)
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Luke Truitt retweeted
FDA approves rectal cancer therapy
The Nuclear Company announces 6.6GW campus
Ben Lamm & Palmer Luckey's war dogs
Tsao's lab finds signs of consciousness in time
Electric Plant Co decodes plant language
Marathon does ~alchemy
+ 7 Extra Doses
What a week for the optimists.
The Nuclear Company announces 6.6GW campus
Ben Lamm & Palmer Luckey's war dogs
Tsao's lab finds signs of consciousness in time
Electric Plant Co decodes plant language
Marathon does ~alchemy
+ 7 Extra Doses
What a week for the optimists.
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Luke Truitt retweeted
Orca pool creators can now pick from two new Adaptive Fee profiles.
Launch Spike: for new token launches
Quick Reset: for tokens with frequent bursts of volatility
When price moves, your pool's fee responds. Each profile changes how hard it rises and how fast it resets ↓
Launch Spike: for new token launches
Quick Reset: for tokens with frequent bursts of volatility
When price moves, your pool's fee responds. Each profile changes how hard it rises and how fast it resets ↓
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Luke Truitt retweeted
Earlier this month at TOKEN2049, we introduced Formation and our mission to build capital markets for the industries shaping the next decade.
CEO @Luketruitt joined leaders from @Solana_Company, Shinhan Asset Management, and SBI Holdings to discuss why Orca and Loopscale merged es a unified path from asset creation to global liquidity.
CEO @Luketruitt joined leaders from @Solana_Company, Shinhan Asset Management, and SBI Holdings to discuss why Orca and Loopscale merged es a unified path from asset creation to global liquidity.
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Luke Truitt retweeted
What's next for Orca as part of Formation, explained by @Luketruitt at TOKEN2049 ↓
Earlier this month at TOKEN2049, we introduced Formation and our mission to build capital markets for the industries shaping the next decade.
CEO @Luketruitt joined leaders from @Solana_Company, Shinhan Asset Management, and SBI Holdings to discuss why Orca and Loopscale merged es a unified path from asset creation to global liquidity.
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Luke Truitt retweeted
Hylo closed a $1M strategic funding round led by @SolanaVentures with participation from @colosseum.
This marks Solana Ventures' 2nd and Colosseum's 3rd investment in Hylo, reflecting their continued conviction in our vision to scale leverage and yield infrastructure on Solana.
This marks Solana Ventures' 2nd and Colosseum's 3rd investment in Hylo, reflecting their continued conviction in our vision to scale leverage and yield infrastructure on Solana.
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Luke Truitt retweeted
$1.7B in RWA volume was built on Orca. @formation_so is where we scale it.
Shoutout to @birdeye_data for the data.
Shoutout to @birdeye_data for the data.
Solana’s RWA market is gaining serious traction, with @orca_so emerging as a key venue for tokenized asset trading.
Since July 2025, Orca has recorded $1.7B+ in cumulative trading volume for tokenized assets, including a 400% surge in June 2026.
Momentum is carrying into e exceeding $220M in the first half of the month alone.
With Orca and Loopscale now migrated to @formation_so, the ecosystem could be entering an exciting new phase for on-chain RWAs.
Data powered by @birdeye_data.
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Luke Truitt retweeted
EXCLUSIVE: Solana's Orca merges with Loopscale in push to finance AI, robotics and defense theblock.co/news/defi/2026…
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Luke Truitt retweeted
Super excited for Chris, @Luketruitt and @marygooneratne ..
Solana OGs coming together to boost onchain capital markets
Super excited to be partnering with them via @Cordaxyz at R3
Solana OGs coming together to boost onchain capital markets
Super excited to be partnering with them via @Cordaxyz at R3
After 4.5 years building @orca_so and $550B+ in volume, Orca and @Loopscale are merging to become @formation_so.
I've worked alongside @Luketruitt, @marygooneratne and the Loopscale team for years. Excited to be building financial infra for the frontier economy with them!
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Luke Truitt retweeted
Thrilled and grateful to announce the next chapter: Orca and Loopscale are merging to become Formation.
@truittluke and I started in 2021 with a shared belief that crypto’s promise extends far beyond crypto assets.
Bringing offchain assets onchain is a massive market. But, we believe the transformational opportunity is lowering what we call the “minimum viable asset”: the point at which something becomes economical to finance.
Technology dramatically lowered the cost of starting a software company or selling online but capital markets have not kept pace. The industries emerging now need financial infrastructure to scale with them.
This is what we are setting out to do.
Orca has processed more than $550B in trading volume. Loopscale has facilitated over $2B in loans and holds more than $150M in deposits. Orca and Loopscale are two of the leading protocols on @Solana. And together, we are able to offer a unified path from issuance to secondary liquidity, credit, and vault distribution on a single platform.
I’m incredibly proud of what we’ve built, what we’ve learned, and the team we now have to pursue this ambition at a much greater scale. And to everyone who traded, borrowed, lent, deposited, or supported us in any fashion along the way, thank you and L.F.G. ♥️
@truittluke and I started in 2021 with a shared belief that crypto’s promise extends far beyond crypto assets.
Bringing offchain assets onchain is a massive market. But, we believe the transformational opportunity is lowering what we call the “minimum viable asset”: the point at which something becomes economical to finance.
Technology dramatically lowered the cost of starting a software company or selling online but capital markets have not kept pace. The industries emerging now need financial infrastructure to scale with them.
This is what we are setting out to do.
Orca has processed more than $550B in trading volume. Loopscale has facilitated over $2B in loans and holds more than $150M in deposits. Orca and Loopscale are two of the leading protocols on @Solana. And together, we are able to offer a unified path from issuance to secondary liquidity, credit, and vault distribution on a single platform.
I’m incredibly proud of what we’ve built, what we’ve learned, and the team we now have to pursue this ambition at a much greater scale. And to everyone who traded, borrowed, lent, deposited, or supported us in any fashion along the way, thank you and L.F.G. ♥️
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Luke Truitt retweeted
Catch our CEO and Co-Founder @Luketruitt on the MEXC Stage at @token2049.
Catch Loopscale Co-Founder @Luketruitt on "Growing the Pie: Why New Issuers and Allocators Are the Future of DeFi" at @token2049.
Alongside:
@JosephChee_, Solana Company
Heyryung Choi, Shinhan Asset Management
@0xkfei, SBI Holdings
Moderated by @EleanorTerrett, Crypto in rsday, October 8, 12:30PM SGT
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Looking forward to joining the panel to talk about the future of DeFi in an hour and financing the future of finance with @formation_so
Catch Loopscale Co-Founder @Luketruitt on "Growing the Pie: Why New Issuers and Allocators Are the Future of DeFi" at @token2049.
Alongside:
@JosephChee_, Solana Company
Heyryung Choi, Shinhan Asset Management
@0xkfei, SBI Holdings
Moderated by @EleanorTerrett, Crypto in rsday, October 8, 12:30PM SGT
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Luke Truitt retweeted
A very exciting day for our team and users: @Loopscale and @orca_so are joining forces as Formation @formation_so.
We’ve spent years building towards realizing the potential of onchain financial infrastructure and we now, together, have the team, technology, and ambition to expand what those markets can finance.
This is the start of a much bigger chapter for us and for the ecosystem more broadly.
We’ve spent years building towards realizing the potential of onchain financial infrastructure and we now, together, have the team, technology, and ambition to expand what those markets can finance.
This is the start of a much bigger chapter for us and for the ecosystem more broadly.
EXCLUSIVE: Solana's Orca merges with Loopscale in push to finance AI, robotics and defense theblock.co/news/defi/2026…
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Luke Truitt retweeted
After 4.5 years building @orca_so and $550B+ in volume, Orca and @Loopscale are merging to become @formation_so.
I've worked alongside @Luketruitt, @marygooneratne and the Loopscale team for years. Excited to be building financial infra for the frontier economy with them!
I've worked alongside @Luketruitt, @marygooneratne and the Loopscale team for years. Excited to be building financial infra for the frontier economy with them!
EXCLUSIVE: Solana's Orca merges with Loopscale in push to finance AI, robotics and defense theblock.co/news/defi/2026…
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Solana on top.
BREAKING: Two Solana DeFi teams are now one.
@orca_so and @Loopscale have combined as @formation_so.
Orca has been Solana's premier liquidity layer since 2021, with more than $500B traded.
Loopscale has facilitated more than $2B in loans since April 2025.
Together they put issuance, secondary markets and credit on one set of rails; permissioned for institutions, and permissionless for everyone else.
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.@marygooneratne and I started Bridgesplit in late 2021 to build the rails for tokenized assets and DeFi to replace traditional financial products. The assets changed significantly over the last five years: NFTs, then tokenized collectibles, and now everything from reinsurance to home equity loans and public equities.
In the year and a half since launch, Loopscale has funded over $2.5B in loans and holds $150M+ in deposits. We built it for what this space will need to become the foundational credit primitive of the real economy.
Today Loopscale and Orca become Formation, an American DeFi company. We've worked with @cpmontagano and the Orca team for years, and I'm excited to formally build alongside them. Together we can take on much bigger challenges than either of us could have alone, and an embrace a bigger vision for what DeFi can enable.
Thank you to the users, investors, and team members who got us here through many ups and downs and I'm grateful to have the opportunity to lead this team toward a more ambitious future for DeFi.
In the year and a half since launch, Loopscale has funded over $2.5B in loans and holds $150M+ in deposits. We built it for what this space will need to become the foundational credit primitive of the real economy.
Today Loopscale and Orca become Formation, an American DeFi company. We've worked with @cpmontagano and the Orca team for years, and I'm excited to formally build alongside them. Together we can take on much bigger challenges than either of us could have alone, and an embrace a bigger vision for what DeFi can enable.
Thank you to the users, investors, and team members who got us here through many ups and downs and I'm grateful to have the opportunity to lead this team toward a more ambitious future for DeFi.
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