Some @solana Stablecoin Yields
A quick thread for the EVM minimalist 🧵👇
@kamino, as usual, has some of the best stablecoin loops.
1) @onrefinance tops the charts, though ONyc is a lesser-known stable.
You can think of it similarly to @re though I can't say whether the risk profile is similar. I love the transparency, but would obviously like some third-party verification system to confirm it.
APR: 23% at 2x Leverage
2) Of course @maplefinance
Still the largest looped stable on Solana, syrupUSDC has >20% looped APR with millions to borrow available.
APR: 20% at 8x leverage
@kamino part 2
There's also the @ExponentFinance markets for @solsticefi
PT-USX, e.g., has 15% APY and you can borrow USDC against it at 4%.
That said, there isn't much to borrow.
It's certainly a market to closely follow
Speaking of @ExponentFinance and @solsticefi...
► 10.6% eUSX LP + 10x Points
► 14% USX LP + 20x Points
Clearly USX takes the cake here, but remember, you only get points on the non-PT portion of the LP.
There's also @hylo_so, who ran into a bit of drama with f(x) because of the similar mechanics.
That said, there seems to be a fair bit of demand for their stable and upcoming airdrop.
➢ 16% PT hyUSD
No PT shyUSD?
@humafinance is an oldie (in Solana terms).
They're a stablecoin protocol build ontop of payment systems.
Unfortunately, my VPN won't get me into their front end at the moment, so I can't get a better snapshot of their APRs.
Regulations, amirite?
Good old @DeFiCarrot
It's mostly a lend optimizer on JupLend, but it's been a nice and consistent stablishcoin yield for quite some time.
That's it for now; please note, I am indeed an ambassador for Maple and Solstice.
Also I'm quite an aggressive Solstice point farmer...
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