Jet Protocol was a non-custodial DeFi borrowing and lending protocol built on Solana that ceased operations in early 2024 after running out of funds. Jet Protocol's Twitter Score is 80 out of 1000 (a Good rating) as of July 2026, ranking #11,575 (top 5%) among 531,432 tracked accounts.
Jet Protocol was co-founded by Wil Barnes as CEO and James Ryan Moreau as COO. Its alpha product launched on the Solana mainnet on October 6, 2021, offering a fixed-term borrow and lend central limit order book with margin accounts, leveraged swaps, and composable yield strategies. The protocol raised a $4.8 million seed round announced on June 10, 2021, followed by a $6.8 million follow-on financing round announced on November 8, 2021.
Jet Protocol attracted backing from a broad group of investors that previously included MGNR, Sino Global Capital, CMS Holdings, Alameda Research, ParaFi Capital, Robot Ventures, DeFiance Capital, Kenetic Capital, Stablenode, Paradigm, Reciprocal Ventures, Solana Capital, GSR, Three Arrows Capital, AscendEX Investments, Republic Capital, SkyVision Capital, and TPS Capital.
Jet Protocol began winding down after development employees were laid off in August 2023 when the project could no longer fund full-time salaries and efforts to secure additional financing failed. The protocol disabled new lending on December 7, 2023, while continuing to allow loan repayment and collateral withdrawal. A co-founder announced that Jet Protocol Holdings LLC and the Swiss association established for the DAO would cease protocol operations on February 1, 2024 and begin dissolving their related legal entities, with managed front-end services going offline on that date, though deployed Solana programs remained on-chain and the codebase stayed open source. Jet Protocol has 18,415 followers as of July 2026 and has published 1,009 posts. Jet Protocol has been mentioned by 121 accounts a total of 396 times.
Who follows Jet Protocol on X?
The accounts that follow Jet Protocol include 247 founders, 91 angel investors, 167 influencers and 20 VCs. Among them are Solana, Toly, Ansem, Andrew Kang, Fred Ehrsam and Raj.