As DeFi matures gradually, the demand for fixed income markets is like an uncut jade, waiting for the meticulous carving of technological artisans.
Treehouse quietly emerges, using tAssets and DOR as tools to weave a new ecological landscape interlaced with returns and innovation, bringing lasting value to the Web3 world. Let us step into Treehouse together and experience how it illuminates the future of blockchain through community and technology.
Treehouse's craftsmanship is reflected in its tAssets design, centered around tETH. Users can deposit ETH or LST (such as wstETH) to receive liquid tETH. By August 2025, the TVL of tETH has risen to $630 million. Through interest rate arbitrage strategies, users can enjoy an annualized yield of 7-10%, combined with the basic APY (approximately 4-6%) and MEY (1-3%) of LST. Decentralized Offered Rates (DOR) serve as the core pricing mechanism of the protocol, with panelists providing on-chain data-driven interest rate predictions. Delegators entrust tAssets through Pre-Deposit Vaults, and an algorithm optimization in July 2025 improved the accuracy of TESR, with trading volume approaching 57 million transactions.
The essence of the new ecological landscape lies in its community collaboration. Pre-Deposit Vaults allow TREE holders to lock tokens to support panelists, with over 120,000 participants in August 2025. The yield fluctuates based on predictive performance, reaching up to 13%. The Treehouse Insurance Fund addresses the risk of tETH decoupling through the PPP mechanism, with a successful intervention in June 2025 stabilizing the market, showcasing its risk management capabilities.
Unlike the LIBOR of traditional finance, the decentralized design of DOR eliminates the risk of manipulation. The cross-chain pilot in July 2025 supports Polygon, expanding application scenarios, with a monthly average TVL growth rate of 16%. Challenges still exist. The decoupling risk of tETH relies on dynamic adjustments from the insurance fund, and the whitelist mechanism of panelists may limit diversity.
In the future, if Treehouse can optimize cross-chain compatibility and enhance Vault flexibility, its craftsmanship may reshape the new landscape of DeFi fixed income. This craftsmanship weaves a net of returns for DeFi. Each meticulous carving is an elevation of Web3's potential, and we should look forward to its splendid future together.
