Project 0 Launches Solana's First Multi-Venue DeFi Prime Broker
- Project 0 launches Solana’s first multi-venue prime broker.
- Unified margin allows borrowing across Kamino, Drift, Jupiter.
- Initial metrics show $230 million supplied, $95 million borrowed.
Project 0 has officially launched Solana’s first multi-venue DeFi-native prime broker, revolutionizing margin management and borrowing by integrating major protocols like Kamino, Drift, and Jupiter in September 2025.
The introduction of Project 0 heralds a significant shift in DeFi, enhancing capital efficiency and user experience, while triggering increased liquidity on Solana platforms.
Project 0 debuted as Solana’s first multi-venue DeFi-native prime broker. It introduces a unified margin system, consolidating margin management across major Solana protocols including Kamino Finance, Drift Protocol, and Jupiter Exchange.
“The crypto industry has a hyper fixation on reinventing existing, working applications; the Project 0 team is committed to pushing the industry forward. Today’s launch marks the first time users can borrow against their entire portfolio across venues like Kamino, Drift, and Jupiter, with unified margin. This eliminates the frustrating scenario where users get liquidated on one platform despite having offsetting positions elsewhere and fundamentally overhauls the DeFi trading experience.” — MacBrennan Peet, Founder, Project 0
The launch has already seen $230 million supplied and $95 million borrowed within two days. Protocols directly affected include Kamino, Drift, and Jupiter, noted for changes in TVL and borrowing activities. MarginFi
The project enhances capital efficiency by facilitating cross-venue liquidity consolidation. It potentially revolutionizes the DeFi landscape by introducing sophisticated trading opportunities and promoting liquidity consolidation.
Project 0’s model draws parallels with traditional finance prime brokerage services, providing a unified risk management across venues, a precedent in DeFi. Previous on-chain solutions required isolated protocol-specific collateral.
Potential financial outcomes include increased utility of protocol tokens like Kamino, Drift, and Jupiter. The impact on regulatory frameworks remains unreported, but the technological stride sets a new DeFi benchmark.
