AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Solid has launched on the Fuse Network, positioning itself as a decentralized finance (DeFi) platform designed for everyday users [1]. The Tel Aviv-based company aims to simplify crypto adoption by integrating self-custody, real-time yield, and a seamless user experience into one mobile-first application. Built on the
Layer 2 infrastructure of Fuse Network, Solid leverages six years of development to provide a vertically integrated ecosystem optimized for speed, accessibility, and control.Unlike many DeFi applications, Solid was developed with a focus on removing the technical barriers that prevent mainstream adoption. It eliminates the need for seed phrases and gas fees through gasless transactions and smart account technologies. The platform also incorporates features like biometric login and password-free access via integrations with Turnkey and Pimlico, enabling users to interact with the app from any device without the traditional complexities of crypto [1].
At its core, Solid operates on key components of the Fuse stack, including an Ethereum-compatible Layer 2 chain with instant finality, smart wallets powered by SAFE, and middleware infrastructure that includes relayers, APIs, and subgraphs. These elements ensure seamless performance and user-centric design [1]. Additionally, the platform integrates yield engines and trading layers, featuring protocols like Algebra, Voltage, and Veda, to offer more stable returns through curated DeFi strategies.
The platform’s vaults are designed to manage assets across multiple chains and protocols, aiming to optimize for more predictable yield generation. By leveraging Fuse’s infrastructure for real-time indexing and gas pricing, Solid aims to reduce latency and operational costs typically associated with DeFi platforms [1]. Future features will include the Solid Card for spending yield, the ability to earn on tokenized real-world assets, and functionalities for lending and collateralization.
Mark Smargon, founder of Solid, emphasized the company’s mission to extend beyond the crypto-native audience. “We’re building for everyone, people who want to grow their savings, spend easily, and access real financial tools in one tap,” he said. This approach reflects Solid’s broader goal of integrating DeFi with traditional financial behaviors, offering a bridge between decentralized infrastructure and mainstream financial activities [1].
Solid has already opened early access to its platform, with plans to roll out the Solid Card and introduce support for additional assets in the coming months. The company is also set to expand its yield-focused strategies as it continues to refine its user experience and product offerings.
Built on the Fuse Network, Solid represents a significant step in the evolution of DeFi by prioritizing usability, accessibility, and real-world financial utility for a non-custodial user base [1].
Source: [1] Solid Launches on Fuse Network, Bringing a Decentralised Banking for Normies (https://dailyhodl.com/2025/08/07/solid-launches-on-fuse-network-bringing-a-decentralised-banking-for-normies/)

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet