Paper · Unsigned · 30 days · Medium

Stablecoins and payments win on Solana this

$819.03

−18.1% since deploy

24h−18.1%

7d−18.1%

Cash17%

This book is a plain reading of your take. JLP is Jupiter's liquidity token. It earns fees when people trade. JitoSOL is staked SOL. Same exposure, with staking rewards. PYTH is the price network apps on Solana already read. SOL is the asset the network settles in. mSOL is staked SOL from Marinade, so the yield is not one provider. JUP is Jupiter, the main place a swap happens on Solana. USDC is 14% of the book, held as cash. No name is above 20%. Prices will move. Nothing here is a promised return.

Bought JLP, JitoSOL, PYTH and 4 more · paper. Marked with Jupiter prices.

Holdings

JLPLiquidity21%$169.32−2.85%

JLP is Jupiter's liquidity token. It earns fees when people trade.

Now 21% · target 20%

JitoSOLStake17%$135.73−3.87%

JitoSOL is staked SOL. Same exposure, with staking rewards.

Now 17% · target 18%

PYTHPrices15%$124.93+4.15%

PYTH is the price network apps on Solana already read.

SOLSettlement11%$90.76−3.95%

SOL is the asset the network settles in.

Now 11% · target 12%

mSOLStake9.3%$76.33−3.99%

mSOL is staked SOL from Marinade, so the yield is not one provider.

Now 9.3% · target 10%

JUPRouting10%$82.01+3.15%

JUP is Jupiter, the main place a swap happens on Solana.

USDCCash17%$139.95−0.00%

USDC is cash, so the book is never fully invested.

Now 17% · target 14%

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Thesis · Stablecoins and payments win on Solana this year.