---
name: "Solomon Labs"
ticker: "$SOLO"
type: entity
subtype: ownership-coin
domain: internet-finance
status: active
launch_platform: metadao-curated
launch_date: "2025-11-14"

raise:
  amount_raised_usd: 8000000
  amount_committed_usd: 102900000
  oversubscription_ratio: 51.5

chain:
  token_address: "SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta"
  network: solana
  market_cap_usd: null
  price_usd: null
  circulating_supply: null
  total_supply: null
  treasury_multisig_usd: null
  treasury_multisig_address: null
  lp_usdc_protocol_controlled_usd: null
  lp_pool_addresses: []
  equity_value_usd: null
  data_updated: null

holders: []

traction:
  revenue_monthly_usd: null
  customers: null
  key_metrics:
    - "Target APY: 16-20% via basis strategy (long spot, short perp) + T-bills"
    - "Team tokens: 500K SOLO per milestone (2x/4x/8x/16x/32x price triggers via 3-month TWAP after 18-month cliff)"

liquidation:
  date: null
  return_per_dollar: null
  reason: null

tracked_by: rio
---

# Solomon Labs

Solomon Labs is building USDv, a composable dollar stablecoin on Solana that generates yield through a basis trading strategy (long spot, short perp) combined with T-bill exposure, targeting 16-20% APY while maintaining full DeFi composability. Raised $8M through MetaDAO's curated ICO with 51.5x oversubscription ($102.9M committed against a $2M target) — the largest single raise on the platform. Team unlock is performance-based with milestone triggers at 2x/4x/8x/16x/32x price via 3-month TWAP after an 18-month cliff.

## Gaps

- Treasury multisig address unknown
- Current market cap, price, and supply data needed
- LP pool addresses needed
- Revenue, TVL, and USDv adoption metrics not documented
- Team/founder information not documented
- Current APY performance vs target not documented

## Timeline

- **2025-11-14 to 2025-11-18** — MetaDAO ICO: $2M target, $102.9M committed, $8M raised (51.5x oversubscribed)

---

Relevant Notes:
- [[metadao]] — launch platform

Topics:
- [[internet finance and decision markets]]