What Solayer governs
Solayer (LAYER) is a DeFi protocol governance token, currently ranked 272nd by market capitalization among the assets we track. Solayer sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.
Solayer (LAYER) is a decentralized finance platform designed to facilitate yield farming and liquidity provision within the Solana ecosystem. It aims to enhance user experience through efficient transaction processes and innovative financial products.
How value is supposed to accrue
The economic question is whether Solayer captures the value its protocol creates. Total value locked and fee revenue are the inputs; the token's design decides how much of that reaches holders.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in LAYER. In sector terms it is most often filed under DeFi, Restaking, and Solana (SOL) Token.
Where Solayer sits in the market
Trading around $0.0642, Solayer carries a market capitalization of $13.49M. Around $11.81M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 87.50% of the float — unusually high, the kind of churn that accompanies major news or speculative spikes.
Total issuance is capped at 1B LAYER. LAYER remains -98% beneath its all-time high of $3.40, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.0371, LAYER is up +73%.
What the price history shows
The tape currently reads 24-hour -6.25%, 7-day -27.83%, 30-day +2.34%, 1-year -91.56%. LAYER is currently trading near the bottom of its 365-day range (around the 2nd percentile of recent closes).
Volatility profile
Recent action puts Solayer in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals +2.34%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like Solayer
A grounded read on LAYER comes down to three questions:
- Protocol revenue — fees the application actually earns, and whether any of it reaches LAYER holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether LAYER is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.