Friktion passes $3 billion in volume traded

Friktion
2 min readNov 3, 2022

We’re excited to announce that Friktion has surpassed $3 billion in volume traded! Launched in December 2021, Friktion has grown to become the largest DeFi portfolio management protocol on Solana with options, perpetuals, and power perpetual strategies that perform across market conditions — Covered calls, Cash-secured puts, Volatility harvesting, Basis yield, and Capital protection strategies.

As the protocol continues to build out new products and features, we’re thrilled to look back and celebrate what a phenomenal quarter it has been:

Through the process, Friktion’s Genesis Wielders have been with us since the beginning with valuable feedback and insights driving product iteration — we’re honored to celebrate all the milestones we have achieved together. Learn more about the Genesis Wielder community.

About Friktion

Friktion is DeFi’s leading protocol for risk-managed yield strategies. Friktion’s 5 core products, known as Volts, are building blocks of DeFi portfolios that perform across market cycles. The platform has amassed over 17,000 users and traded >$3bn in volume. Our protocol’s mission is to enable access to long-term sustainable DeFi yields.

Start earning: friktion.fi
Read more about our strategies: friktionlabs.medium.com/
Join our community: discord.gg/friktion
Media Inquiries:team@friktionlabs.com
Institutional Inquiries:institutional@friktionlabs.com

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Friktion

Friktion brings high quality portfolio management to DeFi.