ONCHAIN CREDIT #01: Cap x Agra, Midas' Expansion, Solana Gets Liquid
Patryk • 10K views
amanda.eth & 2 others replied
Updated 10 days ago • 8 articles
Onchain credit is on the rise. Blockchain-based lending is emerging as a faster, more transparent, and more accessible way to deploy and access capital at scale.
Onchain credit is no longer an experiment.
The market grew from $166.7M to $5.6B in 2025, a 33.6x increase that reflects real demand for a new model of lending, one that connects borrowers directly with global liquidity and opens yield opportunities to investors far beyond the traditional banking system. Sustaining that growth requires more than capital.
As the infrastructure matures, with better risk management, liquidity mechanisms, and redemption tooling, onchain credit is becoming composable, scalable, and resilient. What started as a frontier is quietly becoming a new foundation for DeFi. As onchain credit matures, it's not just growing, it's redefining how lending works at a fundamental level.
Patryk • 10K views
Zeus 🇬🇧 • 8K views
Agra • 21K views
Plume • 46K views
Sonya Kim • 110K views
Maria 🐸 • 323K views
Stani • 527K views
Pine Analytics • 24K views
Jesco
@jesco_m replying to RWA Looping Is Broken
@sonyasunkim Great piece @sonyasunkim, and I agree with the yield-bearing part. For tokenized stocks, the constraint is different: the main delay comes from the underlying market being closed. Prices typically “re-peg” when equities reopen, which can mean ~90h windows over weekends. Because of that, DeFi lending protocols become extremely conservative. On Kamino for example, assets like TSLAx sit closer to ~35% LTV, which means the theoretical leverage isn’t 5x — it’s closer to ~1.5x. But large-cap equities rarely move -65% in a 90h window, so there’s a lot of unused risk capacity. With a more precise risk model, there’s realistically ~4x more capital efficiency available. The interesting part: unlike yield-bearing RWAs, the time friction doesn’t scale with each loop - the market reopening resolves pricing for the whole position.
IXS
@ixsfinance replying to 501 Sources of Real-World Yield: What Gets Tokenized Next
@MariaShen The next phase isn’t “more RWAs” It’s turning RWAs into products that actually reach capital
Greenpill Dev Guild
@greenpilldevs replying to Funding Abundance
@StaniKulechov Great read! We're building @greengoodsapp a protocol connecting impact reporting with capital formation and one of our core focuses is solar hub development. We're doing a pilot with @Greenpill9ja to build hubs at universities in Nigeria and embed Ethereum staking infra with @Obol_Collective, @LidoFinance & @dappnode and funnel the yield into @OctantApp DeFi yielding vaults. Which speaking of vaults we're deploying the Octant protocol on Arbitrum and connecting to @aave based strategies for WETH and DAI as part of our v1 launch. The yield from these vaults will be funneled to buy @hypercerts representing the solar hub creation and activations creating a impact floor. We see this as a permissionless impact/compliance reporting protocol and platform that can bring trust and capital to invest in these impact driven initiatives especially in the global south. We hope in particular with this model it can become attractive and safe for investors from throughout the Nigerian diaspora who have capital to invest in an endowment based model for regeneration in their community and be able to get long term upside in with the impact certificates with @revnets being one last part of the equation enabling initiatives to tokenize their goods and services with clear, clean tokenomics. Would love to explore how we can help promote Aave and ensure it will win! Learn more here: https://t.co/PeFKdGyQdd
Samuel McCulloch | USD.AI
@ssmccul replying to The Bear Case for $CHIP
@PineAnalytics On a billion TVL USDAI protocol earns $20-30m in origination fees + 10% NIM ($12m @ 12%). That's 3-4x higher.