Centrifuge(@centrifuge):Onchain fixed income so far has mostly meant Treasuries and AAA-rated CLOs: return built around minimizing credit risk. High yield corporate bonds sit at a different point on that curve. Return on them comes from underwriting the credit quality of issuers across a portfolio. $HYB targets a high yield strategy managed by @NYLIManagement, with a multi-year track record behind it: - 7.28% in 2025 - 6.88% in 2024 - 11.40% in 2023 These returns come from a credit team's judgment on which issuers get paid, applied across the portfolio and consistently enough over the years to produce them. That judgment is what's settled onchain now.

2026.07.03 15:08

Onchain fixed income so far has mostly meant Treasuries and AAA-rated CLOs: return built around minimizing credit risk. High yield corporate bonds sit at a different point on that curve. Return on them comes from underwriting the credit quality of issuers across a portfolio. $HYB targets a high yield strategy managed by @NYLIManagement, with a multi-year track record behind it: - 7.28% in 2025 - 6.88% in 2024 - 11.40% in 2023 These returns come from a credit team's judgment on which issuers get paid, applied across the portfolio and consistently enough over the years to produce them. That judgment is what's settled onchain now.