6.5% of tokenized stocks now sit in DeFi, up from 1.7% in January.
DAY 351 // DEFI UPDATE
Token Terminal data shows 6. | Hanami
6.5% of tokenized stocks now sit in DeFi, up from 1.7% in January.
DAY 351 // DEFI UPDATE
Token Terminal data shows 6.5% of tokenized stock market cap is now deposited in DeFi, up from 1.7% at the start of the year.
The top venues are @Uniswap, @kamino and @pendle_fi.
@pendle_fi listed the RWA (real-world asset) types it runs yield markets for: tokenized stocks, private equity funds, reinsurance, treasuries, structured credit, AI infrastructure, private credit and HELOC (home equity loans).
@protocol_fx posted an update on its USDC loop.
You deposit into fxSAVE at about 6.5%, which auto compounds, then borrow USDC on Morpho at about 3.85%.
Repeat that up to 10x and it targets about 40% APR.
It runs in one transaction via 9Summits, with about $8M USDC available to borrow.
@FX100Perp from @aladdinDAO shared a Guild quest guide for its six week race season on public testnet.
Follow @FX100Perp, join https://t.co/hb7OJ7XD8i and complete weekly trading challenges for XP (points).
The XP should count on mainnet.