# Elemental

> DeFi Made Simple

Elemental is a DeFi yield platform on Solana. It lets users earn yield on stablecoins and other Solana tokens through lending vaults with instant withdrawals and fixed-rate vaults that pay a set yield each epoch.

Elemental is a DeFi yield platform on Solana that runs lending and fixed-rate vaults for stablecoins, other Solana tokens, and real-world asset tokens. Users deposit and earn yield without managing positions themselves. The platform is aimed at depositors who want plain access to on-chain yield.

Elemental Lend places deposits in lending vaults and moves capital toward the best lending rates on Solana, with variable yield that compounds and can be withdrawn at any time. Fixed-rate vaults pay a set yield for each epoch from market-neutral strategies such as liquidity provision, lending loops, and arbitrage across Solana DeFi protocols. A Compound Fund keeps part of excess profits to smooth returns between epochs.

Lend vaults and Elemental Fixed Deposit vaults each hold stablecoins and other Solana tokens. Elemental Lend charges only a share of the yield it earns above the next-best lending rate. The platform is used by stablecoin holders, token holders, and DeFi depositors on Solana.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2022-09-01
- Profile: https://thegrid.id/profiles/elemental

## Products

- [Elemental Lend](https://thegrid.id/profiles/elemental): Elemental Lend is a yield aggregator on Solana that deposits stablecoins and other Solana tokens into lending vaults and moves capital to capture the best lending rates across the ecosystem. Yield is variable, compounds automatically and can be withdrawn at any time. Elemental takes a share of any yield earned above the second-best lending rate and nothing when it does not outperform. (Yield Aggregator, Live, Main Product)
- [Elemental Fixed Deposit](https://thegrid.id/profiles/elemental): Elemental Fixed Deposit is a set of Solana vaults that pay a fixed yield for each epoch, with capital deployed in market-neutral strategies such as liquidity provision, lending loops and arbitrage across Solana DeFi protocols. Vaults accept stablecoins and other Solana tokens, deposits start earning at the next epoch and unstaking takes at least one full epoch. A Compound Fund keeps part of excess profits to smooth yields across market conditions. (Decentralised Borrowing & Lending, Live)

## Links

- [Main](https://elemental.fund)
- [Documentation](https://docs.elemental.fund)
- [Twitter / X](https://x.com/elementaldefi)
- [Telegram](https://tg.elemental.fund)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP