Built by a team of three (ex Kamino, Solana, Raydium), Exponent is a derivatives protocol for trading the yield of DeFi products on Solana. It enables DeFi participants to have better yield control and predictability over their positions. Through Exponent, DeFi users can access tools to: - Protect against yield changes, - Hedge borrowing costs, - Switch from volatile yields to fixed yields, - Maximize their yield exposure.