Upshift Deploys Vault Infrastructure on Solana in Collaboration with Sentora, Fordefi

Upshift, a multichain DeFi vault provider boasting over $380M in TVL, is bringing mutli-strategy yield vaults to Solana.

Joining forces with Sentora, a vault manager with $1.5B in deposits, and Fordefi, a Paxos company, Upshift’s first vault will center around $jitoSOL, a leading Solana LST.

Upshift’s expansion to Solana signals growing demand for professional capital management on the network, with vault TVLs soaring on the network following recent deployments by Ethena and Bitwise. 

Upshift Brings Multi-Strategy Vaults to Solana DeFi

After amassing over $550M in peak TVL across Stellar and various EVM networks, Upshift is bringing its multi-strategy vault infrastructure to Solana. Upshift’s vault architecture offers a wealth of novel features, including programmable strategy execution, NAV-based pricing, contract-level atomic redemptions, and TradFi-standard risk controls.

Curators, like launch partner Sentora, will be able to allocate capital across both Solana DeFi and CeFi using the same policy engine and reporting model that helped Upshift deploy over 50 vaults across the wider EVM landscape.

"The next phase of Solana DeFi is being defined by infrastructure that can support the largest institutional allocators, curators, and asset issuers. Upshift bringing its vault platform to Solana means the network will benefit from battle-tested infrastructure that has attracted over half a billion in deposits across 55+ vaults. We are excited to leverage their deep expertise to build a new generation of onchain financial products through vaults on Solana." - Ramzy, Solana Foundation Head of DeFi

Fordefi has been named the official custody partner, providing self-custodied MPC wallets, policy enforcement, and DeFi connectivity for curators, treasuries, and institutional firms seeking yield via Upshift’s Solana-based vaults.

"Solana is a serious venue for institutional capital across PayFi, Lending, Derivatives and RWAs, and the next wave of allocators moving onchain will need vault infrastructure that meets them where they already operate. Bringing Upshift to Solana gives curators secure, flexible and composable vault infrastructure, and gives depositors the same NAV pricing, atomic redemptions, and policy controls they have come to expect from Upshift on EVM." - Aya Kantorovich, Upshift co-founder

Upshift’s expansion comes at a critical time for the network, which has witnessed unprecedented institutional growth in recent months. The rapid proliferation of various RWA classes, like tokenized stocks, treasuries, reinsurance, and credit are unlocking previously untapped value propositions, attracting institutional capital to the chain at scale.

Professional vault products like Upshift serve as vital infrastructure for bridging the TradFi-DeFi gap, giving institutional players the custody, policy, and operational controls that are essential to large-scale capital allocation.

"The institutional opportunity on Solana is real, and multi-strategy vault infrastructure has been the missing piece to enable enterprise earn programs on Solana. Partnering with Upshift at launch lets us fill that gap with the same systematic risk framework and advanced strategies we deploy across all of Sentora's vaults." - Anthony DeMartino, Sentora 

Upshift’s debut vault, sjitoSOL, will be accessible for depositors directly from the protocol’s site. Neobanks, consumer applications, and other DeFi platforms can offer access to Upshift vaults via the platform’s SDK.

Solana DeFi Vault Economy Gains Momentum

While vaults are relatively commonplace on chains like Ethereum, Solana DeFi has yet to fully embrace the architecture and unique value add of professional capital management. However, recent developments indicate this may be starting to change.

While Kamino has long dominated Solana’s vault landscape, competitors like Jupiter Lend have recently entered the arena. In collaboration with Ethena and Bitwise, Jupiter Lend’s $USDe vault has amassed $531M in market size since launch, while Kamino’s equivalent $USDe product became the platform’s fastest growing vault, reaching $400M within 24 hours of launch.

"Vaults are becoming the default wrapper for institutional onchain yield, and pairing Upshift's vault platform with Fordefi's MPC custody and policy infrastructure on Solana gives our clients a self-custodied path into the network's growing yield economy" - Josh Schwartz, Co-founder and CEO at Fordefi. 

Upshift joins Solana’s growing vault economy at a time when depositors are looking for safe and reliable yield streams. With Solana’s yield hunters uncertain where to allocate capital in the wake of a slew of devastating DeFi hacks in April, institutional-grade, professionally managed vaults may be the vehicle to reinstill confidence in the onchain economy.

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