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Carrot Protocol

Carrot Protocol is a Solana-based DeFi protocol for stablecoin yield, lending, borrowing, and leveraged yield positions. It provides CRT, Boost, and planned Turbo products for users connecting their wallets.
Distributed

Carrot Vault


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Description

Carrot Vault reallocates stablecoins across Solana lending protocols to maximize yield. It ensures liquidity, reduces risk, and simplifies stablecoin management.

Category: Yield Aggregator

Turbo Tokens


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Description

Turbo Tokens are leveraged crypto tokens that provide amplified exposure to assets like SOL, BTC, and WET without the risk of liquidation. Positioned as the middle ground between spot trading and perpetual futures, Turbo offers dynamic leverage (typically 2-3x) with automated risk management, allowing users to "go long with confidence" without constantly monitoring positions.

Category: Derivatives

Boost


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Description

Boost is a Carrot Protocol product for automated leveraged yield positions. Users choose a leverage multiplier and deposit, while Boost handles borrowing, swapping, and looping in a single transaction. Its stated controls include health-factor monitoring, liquidation-price display, adjustable leverage, flexible collateral and withdrawals, and automatically compounding collateral yield with real-time borrow-cost deductions. Boost leverage pools are coming soon and no Boost products are currently available.

Category: Yield Aggregator

CRT


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Description

CRT is a Carrot Protocol product built on Solana. Its redemption service provides snapshot-balance lookup and, once the vault is un-paused, enables CRT redemption for USDC, USDT, or PYUSD. Snapshot balances determine proportional eligibility for any future Drift recovery distribution regardless of current CRT holdings.

Category: Decentralised Borrowing & Lending