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Can Treehouse Become DeFi's 'LIBOR'? The Logic and Potential of Building an On-Chain Interest Rate Anchor
Analysis article: Qingfeng btc | Structured Finance Researcher / Cryptocurrency Market Analyst
In traditional finance, 'interest rates' are not only the price of capital but also the 'backbone' of the entire financial system:
Government bond yields affect stock, real estate, and bond valuations.
LIBOR and SOFR are the pricing anchors for hundreds of billions of dollar contracts globally.
Various structured financial products (CDS, ABS, notes) cannot do without benchmark interest rates.
In contrast, in the DeFi field, the vast majority of protocols—whether it is lending, stablecoins, or structured assets—still lack a public, credible, and standardized interest rate reference system.
In traditional finance, 'interest rates' are not only the price of capital but also the 'backbone' of the entire financial system:
Government bond yields affect stock, real estate, and bond valuations.
LIBOR and SOFR are the pricing anchors for hundreds of billions of dollar contracts globally.
Various structured financial products (CDS, ABS, notes) cannot do without benchmark interest rates.
In contrast, in the DeFi field, the vast majority of protocols—whether it is lending, stablecoins, or structured assets—still lack a public, credible, and standardized interest rate reference system.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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