Here's the deal: If you're dipping into Solana yield for 2025, start with staking your SOL. It's dead simple, low risk, and pays steady. We're talking 6-7% APY before fees. I usually throw a chunk here first because it lets your bag grow without babysitting.
Why? Validators secure the network, you delegate, rewards hit automatically every epoch - that's like every couple days. No impermanent loss bullshit. Just chill returns.
Pro move: Auto compound with apps like Stakewiz. Turns 6% into closer to 7.5% easy. In my experience, this is your base layer - build everything else on top.
Okay, staking's cute, but Raydium? That's where yields hit 20-50% on hot pairs. It's Solana's OG DEX for liquidity providing. You drop equal SOL/USDC, get LP tokens, stake 'em for RAY rewards. Volume's insane, fees split to you - 0.25% per swap basically pads your pocket.
But watch impermanent loss. If SOL moons 20%, your USDC side lags. Stick to stable ish pairs or correlated ones like SOL/jitoSOL.
Connect Phantom to raydium.io. Swap to 50/50 RAY SOL. Add liquidity - approve once. Get LP tokens. Back to farms, stake 'em. Harvest when juicy, like every few days since gas is nada.
Issue? LP tokens stuck? Refresh wallet, retry approve. Happened to me once - transaction failed mid airdrop hype.
Now, leveling up. Kamino's your yield hub - vaults that auto loop and compound. Deposit SOL, it lends, borrows, farms for you. APYs? 10-30% base, spikes with incentives. Jupiter aggregates swaps into farms, low 0.1% fees, perfect for LP on SOL/USDC.
I usually split 30% here. Less work, still crushes manual stuff. Jupiter's got perpetuals too - delta neutral plays where you long SOL lending, short futures on Drift. Zero price risk, pure yield grab.
| Platform | APY Range | Fees | Best For |
|---|---|---|---|
| Kamino | 15-40% | 0.1-0.5% | Looping newbs |
| Jupiter | 12-50% | 0.1% | LP + swaps |
What's delta neutral? Deposit SOL to Kamino (earn lend yield), borrow synth SOL, short it on Drift. Net zero on price moves. Collect fees anyway. Risk? Funding rates flip negative sometimes - monitor Drift dashboard.
Alright, thrill seekers. Leveraged farming amps everything. Francium does 2-10x on Orca pools like SOL USDC. Turn $100 into $1000 exposure, APYs 50-100%+ in bulls. Borrow rates 1-5%, Solana speed keeps costs under $0.01.
Tulip auto compounds LP tokens every few hours - 15-60% effective APY, 0.5% perf fee only on wins. Deposit LP from Raydium, it juices it. No min really, but $50+ shines.
Why does this matter? Leverage multiplies rewards and risks. Health drops below 80%? Liquidated. Set stop loss at 120% collateral. I got rekt once at 5x during a flash crash - lesson learned, start 2-3x.
Tulip twist: After Raydium LP, deposit to tulip.garden/vaults. Auto magic. Exit? One click, LP back to wallet.
Look, 2025's wild with Solana TVL at $9B+. New DATs gobbling yield for treasuries. Here's what I'm eyeing, ranked by risk/reward.
SolFarm for beginners - 0.2% fees, 30-90% on simple leverage. Orca for concentrated liquidity, no IL on stables. Mix 'em: 40% stake/lend, 40% LP farm, 20% leverage.
Forget steady yields. Airdrops turn 10% into 50%+. Kamino, Jupiter rumored big ones. Bridge funds, farm actively - real tx history wins.
Track AirdropAlert, filter Solana DeFi. Diversify: Don't all in one. I snagged 5x from last Jupiter drop by LPing early. Stay active, or miss out.
Impermanent loss eats LP gains on volatiles. Fix? Stables or correlated pairs. Liquidation? Health alerts on apps. Smart contract hacks? Stick audited: Raydium, Kamino greenlit.
Oracle fails, flash crashes - Solana's fast but not immune. Gas? Negligible, ~0.000005 SOL/tx. Taxes? Track with Step Finance or Sonar Watch - US folks, FIFO your basis.
Portfolio tip: Use DeFiLlama yield tab, filter Solana, audited, high APY, low IL. Step Finance dashboard everything. Birdseye for trending pools pre farm.
Deposit SOL to Kamino, borrow stable, redeposit. Repeat 2-3x, LTV under 70%. Yields double, but price dip kills. I loop conservatively - set alerts.
Example: $1000 SOL deposit, borrow $500 USDC at 3%, redeposit. Now earning on $1500 notional. Monitor ratios hourly first week.
Advanced: Combine with Francium hedge. Long spot, short perps. Predictable cashflow, institutions love it.
Phantom daily driver. Step Finance: All positions one screen, APYs live. Sonar Watch for alerts. DeFiLlama to scout. Birdeye for volume spikes - farm before dilution.
Hardware wallet? Ledger + Solflare for big bags. Never hot wallet over 10% net worth.
Scaling up? Start $100 test. Nail it, go $1k. Compound monthly. In 2025, with SOL flying, this prints. But DYOR, markets flip fast.
Lending's underrated. MarginFi: Supply SOL/USDC, earn 4-12%. Borrow against for loops. Solend similar, big TVL. Watch utilization - high means juicy rates, but liq risk up.
Pro: Variable rates track demand. I park stables here during SOL dumps. Auto vaults on Kamino bundle it best.
One glitch: High borrow demand spikes rates to 10% - net yield shrinks. Solution? Short term, or delta hedge.