Solido Secures $800,000 To Power Core DeFi Primitives For Supra’s AutoFi Stack
Solido Money, a Web3 venture studio building foundational DeFi primitives on the Supra Layer-1 blockchain, has raised $800,000 in a strategic funding round. The round was led by Supra and Cashaa, with participation from HELLO Labs, Spartan Ventures, K10 Capital, and over ten renowned angel investors.
“Solido’s approach to modular DeFi unlocks the tools developers need to build smarter financial strategies,” said Amzad Raza Khan, CEO of Cashaa. “We’re excited to support this next wave of programmable, automated capital systems.”
Solido is currently developing a composable DeFi stack tailored for Supra. It comprises three core primitives: Flow (liquid staking), Cash (stablecoin), and Grow (tokenized yield). These components collectively enable deep liquidity, capital efficiency, and programmable yield, forming the backbone of Supra’s on-chain financial infrastructure.
“Solido provides cutting-edge solutions on Supra, creating a unique DeFi value proposition in liquid staking solutions and yield optimization,” said Sander Görtjes, CEO of HELLO Labs. “These are the kinds of projects we love to invest in and drive awareness of with HELLO’s media engine and capital markets access; they’re about to reach new heights in the field of DeFi.”
Solido’s architecture aligns closely with Supra’s AutoFi framework, an automated system for protocol-native execution, real-time capital deployment, and dynamic risk management. Solido is introducing a Move-native vault standard, similar to ERC-4626 on Ethereum, to support this. This standard enables developers to build modular yield strategies that plug directly into Supra’s AutoVault and AutoRisk systems.
“Our mission is to make yield programmable. Supra’s Move-based environment lets us build logic-first finance, where risk and return adapt in real-time,” said Mr. Square, Core Contributor at Solido Money
By making yield programmable and composable, Solido empowers a self-directed financial layer, where capital allocates itself intelligently based on strategy, logic, market signals, and protocol demands.
“AutoFi is essentially the manifestation of precision capital coordination. Solido’s vault standard brings modularity and safety to DeFi like never before.” said Joshua Tobkin, CEO of Supra
The fresh capital will fuel Solido’s product expansion, security audits, deeper integrations with Supra’s stack, and community-driven developer adoption, positioning Solido as a foundational layer of Supra’s AutoFi ecosystem.
About Solido
Solido is building core DeFi primitives for the Supra blockchain, enabling capital-efficient, composable finance within its AutoFi ecosystem. Built in the Move language, Solido integrates seamlessly with Supra’s vertically integrated stack, offering users and builders a streamlined gateway to access, build, and scale next-gen financial strategies on-chain.
Contact
Marketing Manager
Sakshi Lalwani
Solido Money
sakshi@solido.money
