Exchanging @Rates_Exchange_ | turing-complete markets
nyc
- Tweets 3,212
- Following 1,025
- Followers 2,987
- Likes 10,439
Respect Morpho’s calmness and maniacal focus on growth
This is also our mindset internally
Just focus on winning. Everything else is noise
Quietly, Morpho's DeFi market share keeps hitting new ATH this year...
We don't make much noise here. You ll never see us do drama or pick fights.
We don't win on Twitter. We win onchain :).
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SKY currently profits close to $200M per year, almost twice the second (aave)
GHO and SKY both benefit from a simple fact: they have no lenders to pay
Sky also has an estimated 10-15% dead money (eg. lost keys, forgotten OG btc/eth) serve as a natural buffer for solvency
GHO is still tiny next to Aave's lending book, yet it's already the protocol's second-largest revenue line.
Over the last 12 months, $GHO generated about $12.0M in revenue, versus $98.3M from V3.
For scale, there are only $247M GHO in circulation, while @Aave has $13.19B in active loans.
Less than 2% of the size, but already generating roughly 12% as much revenue as V3.
The reason is how much more of the economics Aave gets to keep.
(1/4)
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Liquid fund managers continue to love our product
Yield Plus is live: A dedicated venue for on-chain rates is a missing piece for lenders.
Congrats to @Rates_Exchange_ for their new product
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As of this week, YTD 30Y outperformed SP500
Could be a turning point for sentiments and overall liquidity in the market
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Nico | Rates Exchange retweeted
Today, we introduce Yield Plus
A new way to earn fixed-rate premiums on existing floating-rate lending positions.
Designed to put institutional yield strategies within every lender’s reach.
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After many convos with large-size lenders, we built Yield Plus as the natural next step for all onchain lending. ✴️
Lenders value 3 things:
> majority of capital in battle-tested contracts
> attractive yield without additional risk
> withdraw flexibility
we deliver all 3.
Today, we introduce Yield Plus
A new way to earn fixed-rate premiums on existing floating-rate lending positions.
Designed to put institutional yield strategies within every lender’s reach.
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Nico | Rates Exchange retweeted
Check out the new product: Yield Plus from @Rates_Exchange_ and now it's available to lenders of all sizes 👇
Today, we introduce Yield Plus
A new way to earn fixed-rate premiums on existing floating-rate lending positions.
Designed to put institutional yield strategies within every lender’s reach.
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great product launch by @Rates_Exchange_ 👇
Today, we introduce Yield Plus
A new way to earn fixed-rate premiums on existing floating-rate lending positions.
Designed to put institutional yield strategies within every lender’s reach.
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Today, we begin Rates Exchange’s phased rollout with Yield Plus.
From merchants to traders, people need the ability to plan. When risk can be hedged, more capital can flow with confidence.
Our ambition: make Yield Plus the natural next step for all onchain lending.
Today, we introduce Yield Plus
A new way to earn fixed-rate premiums on existing floating-rate lending positions.
Designed to put institutional yield strategies within every lender’s reach.
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Very common mistake in domain trading. Companies that own the trademark can always get domains, handles etc for free in US and Europe. It wasn’t the case in early 2000s china
The only trade that works now is general domains with 2+ rich bidders
Fun fact, the og owners of Uniswap.com wanted 7 figures, but we refused to pay that amount
So SBF bought it (for 7 figures) and pointed it to a fork - I guess to flex / mess with us
This malicious use of the domain was enough for our legal team to get it for free
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only 3 ways for an MM to get liquidity out of an illiquid tokenized assets eg. tokenized equities:
> swap out (need good liquidity)
> borrow out (only viable option)
> redeem out (delay / high fee)
remember PYUSD paid Spark 2m in Q1 for good liquidity? equity is worse
Talked with some MMs for tokenized equities and equity perps
Apparently borrowing one tokenized equity against another has huge unmet demand (eg. use ondo NVDA to borrow xstocks NVDA)
So far the markets I've seen are all equity borrow stables
Who's building this?
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Talked with some MMs for tokenized equities and equity perps
Apparently borrowing one tokenized equity against another has huge unmet demand (eg. use ondo NVDA to borrow xstocks NVDA)
So far the markets I've seen are all equity borrow stables
Who's building this?
The first markets with @Coinbase Tokenized Stocks have been listed by curators on Morpho!
Available outside the US.
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