Since the beginning of 2024, over 5.2M $CXT has been bought back through API-generated revenue, accounting for over $400k, 1.4%, of the current market capitalization of the token.
Read more on @Covalent_HQ from @Mausefalle25: https://www.ournetwork.xyz/p/on-348-data-protocols?utm_campaign=ournetwork#covalent
Centrifuge is currently connecting RWAs with DeFi infrastructure & was chosen as one of the three winners of @sparkdotfi’s Tokenization Grand Prix, resulting in a TVL boost from $75M TVL to $521M.
Read more on @centrifuge from @0x4Graham: https://t.co/VERnBp0IEI
Gold is currently underrepresented in DeFi despite being the world's most valuable single asset, but protocols like @0xfluid, @MorphoLabs, and @Contango_xyz are driving a gold rush with @USDT0_to, @Aave & @eulerfinance coming up on the horizon.
.@Figure and @maplefinance led private credit growth, gaining $486M and $376M respectively via tokenized home equity lines of credit (HELOCs) and syrupUSDC vaults.
Check out our full overview on RWAs in our latest issue: https://www.ournetwork.xyz/p/on-347-real-world-assets?utm_campaign=ournetwork
Utilization has stayed near max borrowing capacity, or an average of 90%, across @eulerfinance’s @avax deployment of $USDC, $AUSD, $USDT, and $deUSD stable pools.
Read our latest issue to learn more about @Re7Labs’ ability to price yield efficiently in dynamic markets ➡️ https://t.co/PUTf0vQlpi
While @Ethereum mainnet remains the key hub for DeFi activity, @vaultsfyi’s stablecoin benchmarks show higher seven-day average APYs on @0xPolygon (5.64%), @Base (5.34%) & @Unichain (5.09%) compared to mainnet (4.81%).
Get a full sector update on Yields from @0x747: https://t.co/PMicJnO76z