Kona DeFi Expands to Solana with DEX Paying Fees as Shells and KonaSOL Staking

On July 7, 2026, @KonaDeFi announced the launch of its Solana app, Kona.gg, marking the protocol's expansion beyond the Abstract blockchain. The new app includes a decentralized exchange (DEX) that is live and paying trading fees back to users as Shells tokens. Additionally, KonaSOL — a liquid staking derivative — is now live, accruing Shells on top of regular staking yield. A leaderboard feature has also been activated.

Kona is a comprehensive DeFi protocol originally built on Abstract by KittyPunch, offering trading, lending, volatility derivatives, and yield products aimed at consumer audiences. This Solana deployment brings its fee-rebate mechanism and liquid staking to Solana's ecosystem.

The move aligns with Kona's strategy to expand its cross-chain presence, leveraging Solana's active user base. Users can trade on the DEX and stake SOL via KonaSOL to earn Shells rewards alongside staking yield. Further details on the leaderboard and tokenomics are available on Kona.gg.