On the growth path of DeFi, the stable demand for fixed income markets is like a forest in need of shelter, waiting for the protection and nourishment of technology. Treehouse quietly rises, with tAssets and DOR as its wings, building a nest for return protection and opening up a new ecological sky for the Web3 world.

Let's step into Treehouse together and experience how it nurtures the future of blockchain through innovation and community. Treehouse's nesting begins with the tAssets product, centered around tETH, where users deposit ETH or LST (such as wstETH) to generate liquidity in tETH.

By August 2025, the TVL of tETH has reached $650 million. Through interest rate arbitrage and Restaking Points, users can achieve an annualized return of 7-10%, in addition to the base APY of LST (approximately 4-6%). Decentralized Offered Rates (DOR) serve as the interest rate pillar of the protocol, with predictive data provided by Panelists. Delegators entrust tAssets through Pre-Deposit Vaults. The upgrade in July 2025 introduced real-time data calibration, improving the accuracy of TESR by 15%, with trading volume exceeding 58 million transactions. The vastness of the new sky lies in its community ecosystem. Pre-Deposit Vaults allow TREE holders to lock tokens to support Panelists. In August 2025, participation exceeded 140,000, and returns fluctuate based on predictive performance, reaching as high as 13.5%.

The Treehouse Insurance Fund responds to the decoupling of tETH through the PPP mechanism. An intervention in June 2025 successfully stabilized the market, showcasing its risk management capabilities. Unlike traditional financial interest rate benchmarks, the decentralized design of DOR eliminates the risk of manipulation. The Polygon pilot in July 2025 expanded ecological coverage, with an average monthly TVL growth rate of 17%. Challenges still remain.

The decoupling risk of tETH depends on the adequacy of the insurance fund, and the whitelist mechanism of the Panelists may limit diversity. In the future, if Treehouse can optimize cross-chain compatibility and enhance Vault flexibility, its nest may shelter a new ecosystem of fixed income in DeFi. This nest builder has nurtured a sky of returns for DeFi. Every act of guardianship nourishes the potential of Web3, and we look forward to its prosperous future together.