Exponent operates an onchain yield exchange on Solana that lets users convert variable yield exposures—such as staking or lending returns—into fixed-rate or leveraged positions via an onchain interest rate order book. The company is updating its platform to introduce fully onchain order book functionality and strategy vaults that allow asset managers to package interest-rate strategies for users under predefined governance policies. Exponent has processed over $2 billion in yield volume across more than 35,000 users since launching in late 2024 and generates revenue from fees on issuing derivative positions tied to yield assets and from trading activity. It is onboarding partners and preparing markets across stablecoins, real-world assets, and Solana-denominated products, with early strategy-vault partners including RockawayX, Hastra, OnRe, and Solstice. The startup operates with a 12-person team, plans to allocate part of its recent funding toward security (audits and a bug bounty), and intends to remain focused on building on Solana. The company began fundraising for its seed in May and closed the round in August.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2026