Slope Finance launched as a mobile-first, non-custodial wallet and web app for the Solana ecosystem, aiming to provide users with a comprehensive and user-friendly gateway to Solana's DeFi, NFT, and DApp landscape. Its features included storing/sending SPL tokens, an in-app browser for DApps, an NFT marketplace, and cross-chain swap functionalities. However, in August 2022, the Slope wallet suffered a catastrophic security breach where thousands of users' private keys were compromised, leading to the theft of millions of dollars in assets. Investigations by Solana auditors and security firms suggested that Slope's centralized servers had been logging user private keys in plaintext, which were then exposed. Since the incident, the project's public communications and development have largely ceased.

Founded in

United States