Friktion passes $2.5 billion in traded volume

Friktion
2 min readAug 9, 2022

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Over the past 8 months…

Friktion has launched 4 Volts — powerful DeFi native strategies that allow anyone to access smarter yield generation. Volt#05: Capital Protection coming in the next week, it’s full steam ahead for Friktion.

TWO AND A HALF BILLION

Today the Protocol passes a big milestone: $2.5 BILLION in traded volume. Since launching on Solana Mainnet Beta 8 months ago, Friktion has become the largest platform for DeFi options (supporting 20+ assets), power perpetuals, and basis yield in the ecosystem.

app.friktion.fi

What a journey it’s been! Thanks to a phenomenal community anchored by our Genesis Wielders. We look forward to building more for you, get strapped in for an exciting quarter for Friktion.

About Friktion

Friktion is DeFi’s leading protocol for risk-managed yield strategies. Friktion’s 4 core products, known as Volts, are diverse building blocks of DeFi portfolios that can perform across market cycles. The platform has amassed over 17,000 users and traded >$2.5 billion in volume.

Start earning: app.friktion.fi
Read more about out strategies: friktionlabs.medium.com/
Join our community: discord.gg/friktion

Institutional or Media Inquiries: Email us at team@friktionlabs.com

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Friktion

Friktion brings high quality portfolio management to DeFi.