What is Solid?

SOLID is both the name of the protocol and the over-collateralized stablecoin it issues, built on the Terra (Phoenix) blockchain. The protocol requires all collateral ratios (LTV) to exceed 100%, ensuring stability by preventing over-minting. Through the SOLID app, users can deposit a mix of Terra LSTs, axl.wBTC, USDC, and other supported assets — currently seven collateral types — to mint SOLID and repay it anytime. Unlike many lending protocols that accrue interest, SOLID only charges a one-time mint fee with no ongoing interest, making it a cost-efficient option.

Solid guides & analysis

Guides on safety, research and how crypto works are in our blog. For headlines, see crypto news.

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See every coin in the cryptocurrency rankings.

Solid FAQ