The team behind some of Solana's most accessible and innovative yield products is joining Arch to build the core of Arch Prime.

We are excited to announce our acquisition of @deficarrot.

Carrot built a complete yield engine on Solana: automated, tokenized strategies, its own lending protocol, and products that made earning and leverage simple enough for anyone to use. Its team and technology are now part of Arch.

Making DeFi simple for everyone

Carrot was founded by @jsblair and @jdr_91x in June 2024, with one goal: make DeFi easy and accessible for everyone.

For most people, the first thing they learn in crypto is how to own a token and see it in their wallet. The wallet is home base. But the moment they try DeFi, their assets leave that wallet and disappear into protocols they can’t easily see or understand.

Carrot's answer was to turn yield into tokens. Instead of sending your assets off to be managed somewhere else, you held a single token that stayed in your wallet, did the work for you, and could be sent, split or used as collateral like any other token.

Behind that sat a simple belief: the tools that grow wealth shouldn't need millions of dollars or a specialist to use. So Carrot packaged them into products anyone could hold:

• Automated yield. Deposit stablecoins, hold one token, and let it move across Solana's main lending markets to earn the best available yield, growing in value over time.
• Boost. Multiplied yield on assets that move together, so ordinary price swings don't put the position at risk the way normal leverage does.
• Turbo tokens. Simple 2–4x exposure in a single token, designed to be held for the long run without the decay that eats away at most leveraged products.

At its peak, Carrot's products held about $45 million in deposits.

Owning the stack makes products better

Running an automated yield product taught Carrot something important about how DeFi is built.

In DeFi, each protocol manages its own risk, one position at a time. That works, but every time a product passes your money from one protocol to the next, each step prices in risk on its own terms and adds its own fees. Users end up paying for layers they never see. An aggregator can route to the best rate, but it can’t improve the rate.

The fix was vertical integration. So Carrot built its own lending protocol. Owning that layer meant it could manage risk across its products instead of paying for everyone else’s, and pass the difference on to users as better yield. Boost and Turbo tokens were built on top of it, all running as one system.

That’s the same lesson Arch is built on. When one team owns the whole stack, it can see risk across everything a user holds, manage it in one place, and give people a better product as a result.

What we're building together: Arch Prime

Together, we’re building Arch Prime: the full-stack onchain bank for your portfolio. One account where everything you hold earns, where you can borrow against your whole portfolio without selling, and where your yield can go further, with one risk engine protecting all of it. The result is simple: you grow your wealth without juggling platforms or selling what you believe in. Carrot’s team is building the engine at its core.

Another piece we have acquired to make this vision a reality.

Join the waitlist at app.arch.network/waitlist and follow along @Arch_Prime.