At Solana Summit Da Nang, we had the chance to sit down with three projects that are powerfully shaping the future of the Solana ecosystem: Meteora, Eclipse, and Arcium. They’re not building to catch the next trend. They’re solving foundational problems that matter for the next million users.
Here’s what they say and why it matters.
Meteora: “Memecoins are messy but they deserve structure”
We met the Meteora team just as Solana’s DeFi numbers were exploding. They were calm, focused — and incredibly clear on what they’re building.
“We’re not here to ride the wave. We’re building the rails,” they told us.
It makes sense. In just one month, their trading volume jumped from $987M (Dec 2024) to nearly $40B (Jan 2025), capturing over 22% of Solana’s DEX volume. Their TVL reached $900M in Q1 2025, making them the second-largest DEX on Solana all without launching a token.
But the real story isn’t just growth, it's how they’ve grown. Meteora built a Dynamic Liquidity Market Maker (DLMM) designed to handle volatile markets like memecoins: zero-slippage price bins, real-time fee changes, sniper bot protection via Alpha Vaults, and composable pools that plug directly into Solana’s DEX stack.
So we asked: What do you think about this so-called DeFi Summer on Solana?
“It's real,” they said. “But it’s only meaningful if we build structure around it.”
And that’s where Meteora shines. Memecoins bring volume but without proper infra, that volume turns into broken pools, scared LPs, and unsustainable hype. Meteora turns chaos into opportunity. For LPs, they offer yields of up to 30% APY with much lower risk. For traders, they reduce slippage and improve execution. And for the ecosystem, they provide deep liquidity that can actually scale.
But there’s another effect: users are becoming more degen in a good way.
“Meteora isn’t just about trading,” one contributor shared. “We’re teaching people how liquidity works. Users learn to LP, manage fees, understand volatility; they're not just chasing price anymore, they’re participating in the market.”
Meteora isn’t just helping Solana handle more trades, it’s helping users understand how trading works. That’s a huge unlock. It empowers users to earn yield, not just chase pumps. And with 80% of their token allocation going toward Solana’s TVL growth, and $1M set aside for builders, they’re building for the long haul. Yes, congestion and regulation remain risks but Meteora’s structured approach makes Solana DeFi more resilient, not just more exciting.
Arcium: “Privacy isn’t optional anymore, it’s survival”
Of all the conversations, Arcium’s was the most urgent. Not because they were rushing but because they know something most users haven’t realized yet.
“The Wynn-Hyperliquid squeeze was the wake-up call,” the founder said.
In that incident, trader James Wynn had his position squeezed not through hacking, but through data visibility. His trades were transparent, and market participants used that against him. It worked. CZ even responded by calling for dark pool Perp DEX, a clear signal that privacy in DeFi is now a front-line issue.
Backed by $14M from Coinbase Ventures, Jump Crypto, and others, they’re developing a privacy layer using Multiparty Execution Environments (MXEs), Multiparty Computation (MPC), and Fully Homomorphic Encryption (FHE). This means financial protocols can process sensitive data (like orders, loan terms, and identities) without making that data public while still being auditable and secure.
“This isn’t just for whales,” they said. “It’s for anyone who wants to trade without being targeted.”
What stood out to us was how deliberate they are: no token hype, no premature promises. They’re building infrastructure first, and letting incentives come later.
Arcium could become the privacy backbone of Solana. As institutional interest grows, tools like confidential lending, private order books, and KYC-compliant but transparent systems will be critical. Most users don’t realize they need privacy until it’s too late. Arcium is already building the tools that will make that shift possible. And if they succeed, they won’t just serve Solana. They’ll bring TradFi including banks into Web3.
Eclipse: “We want to take Solana’s speed and make it universal”
“We’re scaling Solana not just vertically, but outward,” they said. “We’re taking the Solana Virtual Machine (SVM) and making it portable.”
At a glance, Eclipse is building a Solana-compatible Layer 2 powered by SVM. But in practice, it’s much more: a framework for developers to launch fast, composable, chain-specific environments using Solana’s performance layer.
We asked about dev friction, and they were honest.
“Solana was hard to build on,” they said. “Rust isn’t for everyone. Anchor helped. But that steep learning curve? It filtered out copycats. Most Solana devs are highly committed and technically strong that’s why Solana apps are hard to clone compared to EVM chains.”
Now, Eclipse is making that power more accessible. By letting teams build their own environments using SVM, they’re lowering the barrier while keeping the core benefits: speed, low fees, and shared liquidity.
Eclipse is helping Solana scale without sacrificing its core strengths. By modularizing the SVM, they enable developers to build fast apps without congesting the mainnet. This is especially valuable as Solana attracts more DeFi, gaming, and DePIN projects. Their model also reinforces a high-quality builder culture. If you're building on Eclipse, you’re probably serious. And that’s exactly what Web3 needs right now: fewer clones, more craft.
Ivy at Solana Summit: Connecting Builders with Vietnam’s Web3 Energy
While these teams are solving core problems for Solana, Ivy was proud to be at Solana Summit not just to listen but to contribute.
The Solana Summit in Da Nang was a standout moment for Vietnam’s Web3 scene, bringing together a dynamic crowd of builders, founders, and ecosystem enablers from across the region. Rather than focusing on hype or mass appeal, the summit centered on real conversations, real builders, and real opportunities for collaboration.
We hosted a side event to connect builders with the Vietnamese Web3 community and shared how Ivy helps projects go from awareness to adoption in one of the most dynamic markets in Asia.
We also revealed what’s next for Ivy: “2025 marks a new chapter where Ivy doubles down on becoming the most trusted Web3 media voice in APAC — delivering insights, enabling growth, and bridging global projects to one of the fastest-growing markets in the region.”
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