SoLayer（LAYER） Project Analysis
1. Research Institute Review
From Solana's restaking protocol to hardware acceleration, and targeting the SVM track, Solayer has rapidly grown from a small project into a major market challenger in under a year. As a rising star in Solana's restaking projects, Solayer is essentially the EigenLayer of the Solana chain from a product positioning perspective.
2. Recent Breakthroughs
Currently, the Total Value Locked (TVL) has reached $351.11 million, with approximately 275,000 depositors, ranking 9th in Solana's TVL and 6th among all restaking protocols. Solayer recently announced its first community sale, which was delayed due to 15x oversubscription. The airdrop attracted a large number of participants, resulting in high community engagement.
3. Project Overview
Solayer, as a restaking protocol in the Solana ecosystem, employs a series of innovative techniques to enhance performance and security. Solayer introduces a native AVS (Application-Validator Separation) mechanism, allowing dApps to dynamically allocate their processing power based on staked tokens. This stake-weighted approach enables dApps to influence network operations based on their staking ratio, achieving more efficient and faster transaction processing for users.
4. Token Utility
$LAYER serves as both the native token of InfiniSVM and the governance token of the Solayer protocol suite.
5. Tokenomics
| Category | Proportion | Locking and Unlocking Terms |
| Ecosystem | 34.23% | Used for ongoing R&D, developer programs, ecosystem expansion, and user activities. Released quarterly over four years. |
| Community Rewards | 14% | Allocated for community activities/incentives. Released linearly over six months. |
| Community Sale | 3% | Distributed through the Emerald Card community sale. No lock-up. |
| Core Contributors | 17.11% | Reserved for core contributors and advisors. 1-year lock-up, released linearly over three years. |
| Investors | 16.66% | Allocated to investors. 1-year lock-up, released linearly over two years. |
| Foundation | 15% | Allocated to the Solayer Foundation to support vertical product expansion and network development. Released quarterly over four years. |
6. Project Highlights
None.
7. Investors
Solayer was co-founded by Jason Li and Rachel Chu. Jason Li previously created the non-custodial enterprise wallet project MPCVault, while Rachel Chu founded the NFT creation tool platform Vibe before starting Solayer.
Solayer raised $12 million in a seed round for its Solana restaking protocol, led by Polychain Capital, with other backers including Big Brain Holdings, Hack VC, Nomad Capital, Race Capital, ABCDE, and Arthur Hayes' family office Maelstrom.
Previously, Solayer completed an undisclosed pre-seed funding round with angel investors such as Anatoly Yakovenko, co-founder of Solana, and Sandeep Nailwal, co-founder of Polygon.
In early August, Binance Labs also invested in Solayer. With backing from prominent institutions and significant funding, Solayer has secured a solid foundation for technological development, team building, and market expansion.
8. Community
Twitter: https://x.com/solayer_labs
Followers: 168,000
9. Special Economic Model
None.
10. Future Prospects
Solayer has released its 2025 roadmap, highlighting hardware expansion plans. It aims to launch the first innovative hardware-accelerated SVM capable of achieving 1M TPS and 100Gbps throughput.
The core technology is based on a hardware acceleration method called Infiniband RDMA, enabling microsecond-level cross-node communication. This technique is divided into two components:
- Infiniband (wireless bandwidth): A high-performance network architecture widely used in supercomputers and data centers to efficiently connect computing nodes, storage systems, and other devices.
- RDMA: Often applied in high-performance computing (HPC), AI/ML, finance, and distributed storage.
Solayer is likely the first to adopt this technology in blockchain networks. If the project's technical and operational capabilities align, achieving million TPS and millisecond-level transaction speeds could mark a significant milestone in blockchain innovation. Solayer has the potential to become a rising star in the blockchain space. However, the key lies in how soon Solayer can bring its product to market.
Basic Information
- Project Overview:
Solayer, as a restaking protocol in the Solana ecosystem, employs innovative techniques to enhance performance and security. Its AVS (Application-Validator Separation) mechanism allows dApps to dynamically allocate processing power based on staked tokens, achieving more efficient and faster transaction handling.
- Token Name: SoLayer
- Token Ticker: LAYER
- Official Website: https://solayer.org/
- Documentation: https://docs.solayer.org/documentation/get-started/introduction
- Blockchain Explorer: None
- Liquidity Tracker: None
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2025/2/11