What is Carrot?

Carrot is a DeFi hub on Solana. It offers yield, leverage, and borrowing through managed products — giving you access to sophisticated DeFi strategies without the complexity of managing them yourself.

Instead of connecting to multiple protocols, monitoring rates, and manually rebalancing positions, Carrot handles the infrastructure and execution. You choose a product that matches your goals and risk tolerance.

What Carrot offers

Earn (CRT)

CRT is Carrot's yield-bearing stablecoin token. Deposit USDC, USDT, or PYUSD into the vault and receive CRT. The vault automatically routes your capital across 8+ Solana lending protocols, continuously rebalancing for the best available yield. No management fees, no lock-ups.

Boost

Boost is leveraged yield farming. Deposit yield-bearing assets like JLP, FLP, or ONyc, set your leverage level, and Carrot handles the automated looping. Your yield is amplified — but so is your risk. You control the leverage and monitor your position's health factor.

Turbo

Turbo tokens provide managed leveraged exposure to assets like SOL, BTC, GOLD, and more. Each Turbo token is backed by a vault that automatically maintains target leverage and rebalances as needed. Buy when you're bullish, sell when you're done — no positions to manage.

Lend & Borrow

Supply tokens to isolated lending pools to earn interest, or borrow stablecoins against your yield-bearing collateral. These products share the same infrastructure that powers Boost and CRT. Detailed docs coming soon.

Key principles

• No management fees — Carrot charges 0% management fees across all products
• Transparent — All fees, rates, and risks are visible before you commit
• Diversified — CRT spreads capital across 8+ protocols and multiple stablecoins
• Audited — Smart contracts audited by Sec3 and MadShield. See Audits
• Honest about risk — Every product carries risk. Carrot names the risks specifically and explains what mitigations exist

Why the name

The name comes from the "carrot vs. stick" metaphor. The carrot represents rewards and incentives — a positive approach to bringing people into DeFi. If the world is going to experience the benefits of decentralized finance, it's the carrot, not the stick, that will bring them here.

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