Introduction

Lulo is a next-generation yield aggregator built on the Solana blockchain, designed to simplify and optimize DeFi earning for stablecoin holders. It automatically allocates user deposits like USDC, USDT, USDS, and PYUSD across top lending protocols such as Kamino, Drifit, MarginFi, and others.

With a focus on automation and safety, Lulo makes it easy for users to earn passive income without manually managing DeFi positions or constantly tracking interest rate changes.

What makes Lulo special is its built-in safety system called Lulo Protect. It gives you the option to choose how much risk you're willing to take. You can go with Protected deposits for more safety, Boosted deposits for higher returns but more risk, and Classic deposits.

Since its relaunch in 2023, Lulo has become popular for making it super easy, even for beginners, to grow their crypto safely and automatically.

Key Features

Automated Yield Optimization

Lulo automatically moves your stablescoin deposits (like USDC, USDT, and PYUSD) across top Solana lending protocols such as Kamino, Drift, and MarginFi to earn the highest available yields. It continuously rebalances funds based on real-time rates and protocol safely, eliminating the need for manual DeFi management.

Lulo Protect

A built-in smart contract layer that automatically redistributes funds during a protocol failure, ensuring Protected users don’t need to file claims or rely on third-party insurance. This enhances safety and transparency in DeFi.

• Protected Deposits - These deposits are ideal for users who prioritize safety, as they come with protection against failures in any of the DeFi apps Lulo integrates with.
• Boosted Deposits - For users looking to earn higher returns, these deposits offer extra interest in exchange for taking on the risk of covering losses from Protected Deposits.
• Classic Deposit - Offer a balanced option with stable returns and moderate risk. They allow users to earn yield without the added risk of covering others, while still benefiting from Lulo’s automated allocation and optimization system.

Real-Time Compounding

Earnings compound automatically every second, helping users grow their stablecoin balances passively over time with minimal effort.

Transparent & On-Chain

All activity is fully on-chain and auditable, giving users complete visibility over how funds are being deployed and where returns are coming from.

Multichain Stablecoin Support

Beyond Solana-native tokens, Lulo supports bridged and cross-chain stablecoins like PayPal’s PYUSD, expanding user options and accessibility.

How It Works

Using Lulo is simple and beginner-friendly. To get started, users connect their Solana wallet (like Phantom or Solflare) to the Lulo platform and choose a stablecoin to deposit, such as USDC, USDT, USDS, or PYUSD.

They then select their preferred strategy: Protected for lower risk, Boosted for higher returns, and Classic for a balanced option. Once deposited, Lulo automatically allocates the funds across various Solana lending protocols based on real-time yield and safety data.

Users don’t need to manage anything manually; Lulo handles rebalancing, yield compounding, and risk adjustments behind the scenes. At any time, users can withdraw their funds along with any earned yield directly back to their wallet.

Why It Matters (for Solana Users)

Lulo is especially valuable for Solana users because it turns idle stablecoins into high-yielding assets without the complexity of active DeFi management. For traders, it offers a way to earn passive income on sidelined funds between trades.

For stakers or SOL holders, it provides a diversified yield strategy using stablecoins, helping balance portfolio risk during volatile market conditions. And for explorers or newcomers to Solana DeFi, Lulo serves as a simple, automated entry point into earning yield without needing to interact with multiple protocols.

Its deep integration with the Solana ecosystem, lightning-fast performance, and low fees make it a natural fit for users looking to maximize returns with minimal effort and risk.

How to Use It

Step 1. Connect Your Wallet

Visit lulo.fi and connect a Solana wallet like Phantom, Solflare, or Backpack. Click on Web-App > Connect > Select your wallet > Confirm, if you are using your desktop browser. Or you can also download the App for iOS users.

Step 2. Deposit Funds

Click on ‘Deposit’, you can enter the Referral Code to boost your APY, or skip it and proceed to choose a Strategy > Enter an Amount > Select a Stablecoin (for Classic). Then click on ‘Continue’, and confirm.

Step 3. Monitoring and Claiming Rewards

You can check your daily interest earnings under the Portfolio section. You can also view Insights, Activity, Rewards (claim rewards), Live Rate, Your Asset, and Your Allocation.

Step 4. Start Earning Automatically

Lulo allocates your funds to top Solana lending protocols and auto-compounds your yields in real-time.

Step 5. Withdraw Anytime

You can withdraw your funds and earned interest at any time with no lock-up period, directly back to your connected wallet.

Milestones