1. Overview: What Is Solayer?
Layer-2 Protocol & Restaking Network
Solayer is a Layer‑2 blockchain built atop Solana, designed to enhance scalability, liquidity, and network efficiency through restaking mechanisms.
It enables users to stake or restake their SOL (and other liquid staking tokens) to support decentralized applications (dApps) and earn yield, effectively renting out staking power.
Hardware‑Accelerated Architecture (InfiniSVM)
Breaking new ground, Solayer’s InfiniSVM introduces specialized hardware acceleration—using RDMA, InfiniBand, and SDN—to dramatically boost throughput, target ultra‑low latency, and support parallel transaction execution.
2. How It Works: Core Components & Mechanisms
Restaking and Liquid Tokens (sSOL)
Users delegate SOL to the Solayer protocol and receive sSOL, a liquid staking token that remains active, allowing users to continue earning rewards while utilizing it in DeFi or other dApps.
Restaking Pool Manager & Delegation
A smart contract (Restaking Pool Manager) handles deposits, sSOL issuance, staking distribution, and rewards. Users can delegate sSOL to dApps, supporting application bandwidth while earning fees or token incentives.
Shared Security Infrastructure
Instead of each dApp bootstrapping its own security, Solayer pools staking power into a shared validator set, enhancing security and streamlining integration for developers.
Enhanced DeFi Integration
sSOL can be deployed into liquidity pools and DeFi vaults through partnerships with platforms like Kamino and Orca—boosting yield-generating opportunities beyond staking.
3. Architecture: InfiniSVM Performance Ambitions
Hardware‑Accelerated Blockchain
InfiniSVM leverages advanced networking and execution models to push blockchain performance to the hardware limits—targeting over 1 million transactions per second (TPS) and bandwidth above 100 Gbps.
Compatibility with Solana Ecosystem
Since it's based on Solana’s Virtual Machine and restaking framework, existing dApps can integrate with minimal code changes.
4. Token Metrics & Financial Snapshot
Price & Market Data
Live price: approximately $0.56 USD
Market Cap: roughly $117 million USD, with FDV (fully diluted valuation) around $558 million USD
24-hour trading volume: about $20 million USD, with ~53% on DEXs and ~47% on CEXs.
Total Value Locked (TVL)
TVL stands at approximately $140 million USD—primarily on the Solana chain.
Funding & Tokenomics
Raised approx $22.5 million USD, with $10.5M from public IDO and $12M from early funding, at an $80M valuation.
Supported by leading VCs, including Polychain Capital, Binance Labs (YZi Labs), Hack VC, Wormhole Fund, etc.
5. Use Cases & Advantages
For Users:
Continue earning staking rewards via sSOL while using it in DeFi, improving yield potential.
Participate in governance (future potential) and benefit from shared infrastructure.
For Developers & dApps:
Leverage a robust, shared security infrastructure without managing validator sets.
Scaling opportunities via InfiniSVM ensure faster, low-cost user experiences.
Architecture Hardware-accelerated (InfiniSVM) with RDMA, InfiniBand, SDN
Restaking Model Stake SOL → receive sSOL → delegate to dApps/DeFi
Performance Goals 1M+ TPS, ultra-low latency, high composability
Metrics Price ~$0.56, TVL ~$140M, Market Cap ~$117M, Vol ~$20M
Support Backed by major VCs and seamlessly integrates with Solana
Value Add Enhanced scalability, liquidity, security, and developer ease
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Final Verdict
Solayer is an ambitious, multi-faceted project that combines:
Technological innovation through InfiniSVM hardware-acceleration,
Economic utility by enabling liquid restaking and DeFi integrations,
Shared infrastructure for developers, and
Scalable approaches to secure and expand Solana's ecosystem.
It’s one of the most promising infrastructure plays within Solana—bridging staking, high-performance computing, and developer-friendly tools into a cohesive platform.
