Overview
Sendit is a permissionless DeFi protocol on Solana offering three main products:
Borrow: Isolated money markets to borrow against any SPL tokens
Trading: Margin Trading for any SPL token
Earn: SOL Yielding + Memecoin Yielding
Isolated Money Markets
Sendit implements classic overcollateralized lending, similar to Aave, Save Finance, or Kamino — but with isolated risk per token.
Borrowers deposit SPL tokens as collateral and borrow SOL.
Lenders supply SOL and earn a dynamic Supply APR from borrower interest, loan issuance fees, and reward incentives.
Each token has its own independent SOL pool, eliminating cross-market contagion.
Margin Trading
Sendit's native margin trading is built directly on top of the lending layer:
Traders borrow SOL to take up to 3x long positions on any supported SPL token.
Trades are executed via Jupiter, with pricing from Pyth or Switchboard oracles.
Liquidations are transparently handled through real liquidity, not synthetic markets.
SOL Earn Vaults
Users can deposit SOL into one of three actively managed yield vaults:
Blue Chip, Mid Cap, or Small Cap These vaults dynamically allocate SOL across markets to maximize yield while adhering to different risk profiles. Yield is auto-compounded and sourced from protocol-native incentives.
Memecoin Yielding Vaults
Deposit your memecoin as collateral → borrow SOL → re-lend the SOL → earn and auto-compound yield — all automated. These vaults are high-yield, high-risk, and ideal for holders of volatile tokens looking to maximize capital efficiency.
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