Catch us in HK on Thursday with our friends at AMINA Bank

Tim Apple has a last minute change of heart

this 👇

We are excited to announce that 3F has raised $4 million in seed funding led by Maven 11, with participation from F-Prime, @MetalayerVC, GSR, Susquehanna Crypto, @Gate_Ventures and others. 3F is building the onchain infrastructure that unlocks leveraged

With over $3.4 billion locked and 25 integrations supported, Grove Allocator is proving that institutions can operate and scale onchain. See it happening at data.grove.finance Or follow along Grove Finance!

Aave USDC is observably not the Prime rate of DeFi, though admittedly its proponents have treated it and referred to it as such for a long time. The Prime universe (Steakhouse USDC, or overcollateralized crypto-loans against BTC and ETH) has a loss rate of 0.0000000004%

head chef is in the kitchen

Despite the recent setback from the past few months of DeFi exploits, active borrows through Morpho 🦋's Coinbase integration are quietly hitting all time highs. As more institutions integrate onchain borrowing -- especially those that do not have existing margin lending

Active loans are at ATH for the Coinbase 🛡️ borrow product on Base. The DeFi mullet is not going to stop growing.

Available now at app.grove.finance.

twitter is cigarette for the eyes

What DeFi rates "should" be has been a recent topic of discussion, and we welcome it. A few weeks ago, we had this discussion on Empire 🟪 and explained our view on the matter.

"the best yield on Ethereum" - welcome to the family

Was born Ready! Earn, powered by @morpho 🦋

USDC earn is now Ready Ready is scaling its neobank thesis at an accelerated pace as it rolls out USD Prime. Users can access USDC yield in Ready within just a few taps. Curated by Steakhouse Financial. Powered by Morpho.

how to use Morpho 🦋 in 20 seconds

Morpho was built in this vein: smaller surface area, harder to manipulate, does fewer things but does them consistently. That's what actually enables transparent risk pricing. The Uniswap V2 model applied to lending. 🏗️ ~ adcv_ x.com/i/broadcasts/1…

"You can build a very wide range of rich complexity with simple primitives. But the primitive itself needs to be super hard." Adrian on why the path to transparent DeFi pricing is not more complexity but simpler modules with immutable rules that borrowers and lenders can

No money market fund today has same block liquidity. Morpho does. As Bitcoin and ETH get absorbed into institutional ETFs, volatility drops and the gap-down-in-one-block scenario becomes increasingly unlikely. The risk premium Luca assigned is way off. ⚠️ ~ adcv_