Live Allium data for lending TVL, RWA supply, and stablecoin volume. Invoice financing charts and grant actuals are illustrative — showing what this dashboard looks like once C2FO, Prime Revenue, and Tonova register their Solana program IDs at grant onboarding.

Invoice Financing & RWA Lending — Solana

Allium already indexes Solana's lending protocols, RWA asset supply, and stablecoin flows. Invoice financing protocols extend this infrastructure when they go live — becoming the independent oracle layer for the Foundation's TVT-based grant framework.

Solana DeFi Lending TVL

$1.3B

↓ from $2.6B peak (Dec 2025)

Solana RWA Asset Supply

$3.1B

↑ 190% since Nov 2025

Stablecoin Volume (Apr 2026)

$549B

USDC + USDT + PYUSD

Invoice Fin. Volume (Proj.)

$169M

↑ Q4 2026 ramp (illustrative)

Solana DeFi Lending TVL

End-of-month · USDC + USDT · Kamino & MarginFi · solana.defi.lending_tvl_daily

Kamino dominates Solana DeFi lending at $1.3B TVL. Invoice financing protocols (C2FO, Prime Revenue, Tonova) would add a new category to this chart once their program IDs are registered.

Solana RWA Asset Supply

End-of-month snapshots · top tokens · solana.rwa.balances_daily

$3.1B in tokenized RWA assets on Solana. BUIDL (BlackRock), PRIME (Maple), USDY (Ondo). Invoice receivable tokens would appear here once protocols tokenize and register assets.

Stablecoin Transfer Volume — Solana

Monthly · USDC / USDT / PYUSD · solana.assets.stablecoin_transfers · May 2026 partial

Source: Allium · Live

USDC peaked at $875B in February 2026. Invoice financing protocols settle in USDC — their transaction flows would be a trackable subset of this volume by program account.

Invoice Financing Transaction Volume — Solana

Monthly · C2FO / Prime Revenue / Tonova · projected Q4 2026 launch ramp

Illustrative

Projected ramp assumes Q4 2026 launch for C2FO and Prime Revenue, Q4 2026 for Tonova. Actuals replace these estimates automatically once Allium begins indexing each protocol's Solana program account. Grant payouts trigger against the actual series, not this projection.

Invoice Financing Protocols — Upcoming on Solana

Protocol Pipeline

Protocols register Solana program IDs at grant onboarding — Allium begins tracking volume automatically

Protocol	Type	Status	Onboarding Need	Description
C2FO	Invoice Financing	In development	Program ID + off-chain metadata	Early payment marketplace for invoices and receivables. Rob building the Solana integration alongside Prime Revenue.
Prime Revenue	Invoice Financing	In development	Program ID + off-chain metadata	Supply chain finance protocol. Co-building with C2FO on Solana. Primary invoice financing volume driver.
Tonova	Invoice Financing / Custody	Q4 2026	Program ID at launch	New protocol targeting Q4 2026 launch. Custodian model for trade finance assets on Solana.
Huma Finance	PayFi / Cross-border	Solana TBC	—	Large cross-chain PayFi protocol. Solana presence uncertain — confirm before including in grant framework.
Credit Coop	Credit / Receivables	Solana TBC	—	Credit cooperative protocol. Solana activity unclear from transcript — verify before scoping.

Grant Performance Monitoring

Illustrative — showing what actuals look like once protocols register program IDs. Progress based on projected Mar 2027 volume vs. monthly targets.

Foundation Internal

Protocol	Grant Amount	Milestone Type	Target (30d)	Actual (30d)	Progress	Status
C2FO	$500K	Transaction Volume (TVT)	$100M / mo	$65M (Mar 2027)	65%	Illustrative
Prime Revenue	$350K	Transaction Volume (TVT)	$120M / mo	$82M (Mar 2027)	68%	Illustrative
Tonova	$200K	Borrower Growth	500 wallets / mo	Pending launch	0%	Q4 2026

TVT = Transaction Volume Triggered — replaces static TVL targets for grant payouts. Allium is the oracle: daily volume pulled from indexed Solana program accounts, written into the grant agreement as the authoritative source. Illustrative actuals are replaced by live data once protocols register.

What Allium Tracks Today vs. What Onboards at Launch

Live — In This Dashboard

solana.defi.lending_tvl_daily — Kamino, MarginFi TVL by token

solana.rwa.balances_daily — BUIDL, USDY, OUSG, syrupUSDC, PRIME supply

solana.assets.stablecoin_transfers — USDC, USDT, PYUSD volume and tx count

allium_identity.common.address_labels — 350M+ labeled wallets for attribution

Activates at Protocol Onboarding

C2FO, Prime Revenue, Tonova Solana program account IDs — Allium begins indexing volume day 1

Invoice-level industry metadata (borrower sector) — requires off-chain schema from protocols; enables industry breakdown view

Borrower wallet attribution — labels linked to entity names once protocols share counterparty mapping