Patryk(@Solofunk):Onchain credit now accounts for 11% ($501M) of @ethena reserves. Those assets are $STAC and $JAAA, mostly on @solana. Just 1% ($39M) remains in the original basis trade. Ethena is the gold standard for transparency in yield-bearing products. Great work on that front @gdog97

Patryk

@Solofunk

Director of Research @serotonin_hq • Prev: @MessariCrypto • Nomad 🌎

Joined August 2015

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Patryk@Solofunk

2026.06.23 14:36

Onchain credit now accounts for 11% ($501M) of @ethena reserves. Those assets are $STAC and $JAAA, mostly on @solana. Just 1% ($39M) remains in the original basis trade. Ethena is the gold standard for transparency in yield-bearing products. Great work on that front @gdog97_.