Learn how Lulo helps Solana users earn on-chain yield with Protected and Boosted deposits, Custom allocations, transparent risks, and a developer-friendly API. Supported assets include major stablecoins and SOL/LSTs.
About Lulo
Lulo is a Solana-native savings layer that routes your deposits into integrated DeFi protocols and gives you two simple choices: Protected deposits for lower-risk, steadier yield, or Boosted deposits for higher yield that also backstop the Protected pool. Lulo focuses on stablecoins and major Solana assets, and it’s designed for beginners who want a clean way to earn on-chain yield without micromanaging multiple platforms. Advanced users and builders can also integrate Lulo at the program/API level to embed savings natively in their apps.
Under the hood, Lulo allocates funds across supported Solana dApps (money markets and similar venues) and enforces a rules-based protection mechanism: when a covered protocol suffers a failure (for example a smart-contract exploit, oracle issue, or bad debt event), Boosted deposits are tapped automatically to compensate Protected deposits according to predefined logic—no manual claims. That makes Lulo feel like a simple “one-tap” savings account while still being non-custodial and on-chain.
For developers, Lulo exposes a Solana program and HTTP API so you can fetch quotes, create deposit addresses, and move assets in/out directly from your product. The integration guide documents the program account architecture and lists current integrations across top Solana venues.
Lulo Features
A quick way to think about Lulo is “pick your risk/return lane, then let the contracts and integrations do the routing.” Here are the essentials.
Simple withdrawals
Instant withdrawals on safety-focused options; short cooldowns where strategies need time to unwind.
Automatic yield optimization
Continuously shops rates across supported Solana protocols and rebalances deposits for you.
Broad asset support
Works with major Solana assets like SOL, stablecoins, and select liquid-staking tokens.
Secure and non‑custodial
This tool never accesses private keys—transactions are signed through your wallet.
What makes Lulo special?
Lulo’s standout idea is two-sided, rules-based protection that’s enforced by contracts rather than customer service tickets. Protected users get prioritized coverage if a covered venue fails; Boosted users earn more in exchange for shouldering that backstop. By socializing risk ex-ante and automating remediation, Lulo makes “savings on Solana” feel straightforward while remaining non-custodial.
Risk transparency is another differentiator. Lulo documents where coverage applies, where it doesn’t, and how losses would be handled. It also lists external security partners and code reviews (including Certora, OtterSec, Halborn, Offside Labs and Sec3) to give users a high-level view of effort spent on safety. Coverage does not protect against every risk; users still face typical DeFi risks and should read the boundaries carefully.
Finally, the builder pathway is unusually clean: a Solana program plus HTTP endpoints let teams add “earn” to an app with deposit address creation, quotes by mint, and status checks—all while keeping assets in the user’s own wallet.
Pricing
Discover the pricing options available for Lulo
Paid
Lulo doesn’t charge a subscription.
When you initialize your first deposit address on Solana, there is a one-time on-chain fee of 0.005 SOL plus standard network fees.
There can also be protocol-level fees from the underlying venues (for example, lending/borrowing fees), and Lulo displays any applicable annualized management fee in-app.
Protected yields include a “protection fee” that is redirected to Boosted deposits.
How to get started
Getting started is simple—Lulo is built to feel like a savings app with on-chain guarantees.
1
Connect a Solana wallet.
2 minutes
Easy
Open Lulo and connect your wallet to create a deposit address. Funds remain in your control; the app builds the transactions you approve.
2
Choose your deposit type (Protected, Boosted, or Custom).
2 minutes
Easy
If you want steadier returns and prioritized coverage on supported venues, use Protected. If you want higher yield and are fine with a 48-hour withdrawal cooldown, use Boosted. If you prefer to pick allocations manually, use Custom.
3
Select an asset supported by Lulo.
2 minutes
Easy
Lulo works with major stablecoins (USDC, USDT, PYUSD, USDS) and also supports SOL and certain liquid-staking tokens. Availability can vary by venue, so check the asset list in the app.
4
Review the quote, fees, and risks.
2 minutes
Easy
Before confirming, review the estimated APY, any protocol-level fees, and Lulo’s protection mechanics. Protected yield shares a portion to Boosted as a protection fee; Boosted carries the backstop role and cooldown.
5
Deposit and track.
2 minutes
Easy
Approve the transaction(s) to deposit. You can withdraw Protected and Custom deposits instantly; Boosted withdrawals unlock after 48 hours. Track performance and any rewards in your dashboard.
Pro Tips
Tip 1
If you’re new, start with Protected to understand flows, then explore Boosted once you’re comfortable with the 48-hour cooldown.
Tip 2
Keep a small SOL buffer for fees—your first deposit setup requires 0.005 SOL on-chain plus normal transaction fees.
Tip 3
Check the Rewards page during deposit streaks or events; some actions can boost your points. Remember that rewards are not a token promise.
Tip 4
Review Risks & Audits so you know exactly what is and isn’t covered, and which external firms have reviewed relevant components.
Frequently Asked Questions
Get answers to the most common questions about this tool
What is Lulo?
Lulo is a decentralized finance (DeFi) platform on the Solana blockchain that optimizes yield by automatically allocating user deposits to various decentralized applications (DApps) offering the highest returns.
How does Lulo work?
Lulo dynamically directs user funds to different Solana-based DApps, such as Kamino and Drift, to capture the best available yields. Users can set preferences and conditions for fund allocation, and the platform continuously monitors and adjusts deposits to maximize returns.
What assets can I deposit on Lulo?
Lulo supports deposits of Solana-based tokens, including stablecoins like USDC and USDT, as well as SOL. This enables users to earn interest on a variety of assets within the Solana ecosystem.
Does Lulo offer any incentives for users?
Beyond earning optimized yields, Lulo users may be eligible for airdrops from integrated platforms. For example, users have received $KMNO tokens following Kamino’s rewards campaign.
Is there a token or airdrop?
No. Lulo states it has no token and no promise of one. Rewards refer to app-level points/perks and any rewards that originate from the integrated protocols.
How do withdrawals work?
Protected and Custom withdrawals are instant. Boosted withdrawals require a 48-hour cooldown; after that window, you can complete the withdrawal.
What does “protection” actually cover?
If a covered integrated protocol suffers a failure (examples include a smart-contract exploit, oracle malfunction, or bad-debt event), Lulo’s contracts automatically draw from Boosted deposits to compensate Protected deposits according to the rules. It’s automated; there is no manual claims process. Coverage boundaries and exclusions are detailed in the docs.
Which protocols does Lulo integrate with?
Lulo’s docs reference integrations across Solana venues such as Kamino, Drift, MarginFi, Solend and others. The Integration Guide shows how positions are tracked and how to interact at the program/API level.
