CDPs · Review
ActiveSolido Cash Review 2026: Interest-Free CASH Borrowing on Supra
Solido Cash is a collateral-backed borrowing protocol on Supra that lets users mint the USD-pegged stablecoin CASH with no interest. It is an early, small protocol with two listed audits and an active rewards program.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.0/10
Mixed
Our verdict on Solido Cash
6.0/10Solido Cash suits users already active on Supra who want to borrow a USD-pegged stablecoin against their holdings without paying interest, and who are comfortable reading audits and docs. Its main strengths are the zero-interest design and tight integration with Supra's staking and AutoFi tools. The main caveat is size and maturity: TVL is small, the protocol is under a year old by listing date, and liquidation terms and other fees are not on the homepage. Treat it as an early-stage position.
Score breakdown
How Solido Cash scores
- Security
- 5.5/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Solido Cash?
Solido Cash is a decentralized borrowing protocol on the Supra network. Users deposit collateral and borrow CASH, a USD-pegged stablecoin, without paying interest on the loan. The protocol presents itself as a core piece of Supra's AutoFi stack, covering staking, borrowing and earning.
It has been tracked since April 2025 and holds roughly $267,000 in total value locked, down about 10% over the past week. That is a small base, which matters for liquidity and for how well the system has been tested.
The project also has a token, SOLID, used for governance and incentives. Season 2 is live, with Blocks earned by using the protocol that convert into SOLID at season end. Recent announcements mention governance going live, iAssets, and the Supra AutoVault Framework.
How Solido Cash works
Solido is a collateralised debt position (CDP) protocol. A user locks assets as collateral and borrows CASH against them. The loan has to stay over-collateralised, meaning the collateral is worth more than the debt, so the system can cover the CASH it issues.
If collateral value drops too far, a position can be liquidated to protect the protocol. The specific ratios and penalties are not on the homepage, so users should read the docs.
On top of borrowing, the app includes staking: the homepage tracks stSUPRA supply, a staked form of SUPRA. The SOLID token adds governance (veSOLID) and yield (stSOLID), and seasonal programs hand out Blocks that convert into SOLID.
7 features
Key features
01
Interest-free CASH borrowing
Deposit collateral and borrow CASH, a USD-pegged stablecoin, without paying interest on the debt.
02
stSUPRA staking
The homepage tracks stSUPRA supply, indicating a staked form of SUPRA is part of the system.
03
SOLID token model
SOLID is the governance and incentive token, with veSOLID for voting and stSOLID for yield.
04
Seasonal rewards
Season 2 rewards activity such as staking, borrowing and earning with Blocks that convert into SOLID at season end.
05
iAssets
The site announces that iAssets are live on the protocol, though details are in its blog.
06
On-chain governance
Governance is announced as live, letting token holders take part in protocol decisions.
07
AutoFi integration
The protocol is positioned as part of Supra's AutoFi stack, alongside the Supra AutoVault Framework.
Pros and cons
What we like
- Interest-free borrowing of a USD-pegged stablecoin lowers the ongoing cost of a loan.
- Two audits are listed and an audit page is linked from the site.
- Integrated into the Supra ecosystem, with staking, borrowing and earning in one app.
- Governance is live, with a clear token model around veSOLID and stSOLID.
- Active development, with recent updates on iAssets and a vault framework.
Watch out for
- TVL is small at roughly $267,000, with a 10% drop over the past week, so liquidity and stability track record are limited.
- Runs only on Supra, so users need to be comfortable with a young, Move-based network and its tooling.
- The protocol is recent (listed since April 2025), with little history through stressed markets.
- Interest-free borrowing does not mean cost-free: other fees, minimum collateral ratios and liquidation penalties are not stated on the homepage.
- The SOLID token and season points system add incentive-driven activity that may not persist once rewards end.
- Team details and the audit scope are not summarised on the homepage; users must read the audit report themselves.
Solido Cash fees
The headline feature is interest-free borrowing of CASH. The homepage does not publish any other fee schedule, including any one-time borrowing charge, redemption fee, or liquidation penalty.
Users would normally find these figures in the protocol documentation or inside the app before confirming a loan. Network gas fees on Supra also apply to every transaction.
Is Solido Cash safe?
Two audits are listed for the protocol and the site links to an audit page, but the homepage does not name the auditors or summarise findings. Read the report directly and note that audits do not eliminate smart-contract risk. Borrowers keep control of their wallets, but collateral sits in smart contracts, so a bug, oracle failure or sharp price drop could cause losses or liquidation.
The protocol is young and small, and the Supra network is itself relatively new, which adds chain-level and bridge-level risk. Stablecoin pegs can also slip in stressed markets. The project does not publish regulatory status on its homepage. Only borrow amounts you can safely cover, and keep a margin above the liquidation threshold.
6 steps
How to get started with Solido Cash
- 1
Read the documentation and the audit page on the official site to understand collateral rules and liquidation terms.
- 2
Set up a wallet compatible with Supra and fund it with SUPRA for gas and collateral.
- 3
Open the app and connect your wallet.
- 4
Deposit supported collateral, optionally staking SUPRA to receive stSUPRA if the app offers it for your use case.
- 5
Borrow CASH at a conservative ratio and keep a buffer above the liquidation threshold.
- 6
Monitor your position and repay or add collateral if prices move against you.
Who Solido Cash is for
Solido Cash is for DeFi users who hold SUPRA or other supported assets and want stablecoin liquidity without selling. It also suits those who want to take part in Supra's ecosystem rewards and governance. It is not ideal for anyone who needs deep liquidity, a long track record or guaranteed stability.
Solido Cash FAQs
What is CASH on Solido?
CASH is a USD-pegged stablecoin issued by Solido. Users create it by depositing collateral and borrowing against it. It is not a fiat-backed coin; its value depends on the collateral and the protocol's mechanisms.
Does Solido charge interest on loans?
The protocol describes borrowing as interest-free. The homepage does not list other charges such as one-time borrowing fees or liquidation penalties, so check the documentation and the app before opening a position.
Which blockchain does Solido use?
Solido runs on Supra, a Move-based network. The homepage describes it as powering Supra's AutoFi stack.
What is the SOLID token?
SOLID is the governance and incentive token. According to the homepage it enables voting through veSOLID and yield through stSOLID. Season 2 lets users collect Blocks by staking, borrowing and earning, which convert into SOLID at season end.
Is Solido audited and safe?
Two audits are listed and the site links to an audit page. Audits reduce but do not remove smart-contract risk. The protocol is also young and has small TVL, so only risk what you can afford to lose.
Does Solido have governance?
Yes, governance is described as live on the site. Voting runs through veSOLID, the vote-escrowed form of the SOLID token.
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How we checked
Sources
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