Ketcher

@dahviemaxi @kamino $USDS 🤝 Solana defi

Kamino's stablecoin yields have quietly doubled the DeFi average If you have been in DeFi for a while, you know the rule. @kamino is where you go when you want safety. Other protocols are where you go when you want yield. That tradeoff was simple and everyone accepted it. That's changed. Stablecoin yields on @kamino have averaged 5 to 6% APY over the past week across multiple vaults. The broader DeFi average has been sitting around 2 to 3% for months. The protocol hasn't changed what it is. -Zero bad debt since launch -18 audits -4 formal verifications. The safety profile is the same. The yield ceiling moved. Here's why. New assets have landed on Kamino: home equity credit lines, reinsurance contracts, institutional debt. People are looping these at 10 to 20% APY and borrowing stablecoins to do it. That demand flows to whoever is lending. →Allez $USDS : 6.71% APY Currently the highest yielding stablecoin vault on Kamino. @AllezLabs lends into RWA markets running at high utilization and stacks a 1.69% USDS incentives APY on top. If you hold USDS and want to put it to work without touching anything exotic, this is the straightforward answer. Balanced risk profile. Zero fees. →Elemental $USDS Optimizer : 6.68% APY @elementaldefi runs an aggressive rebalancing strategy that constantly shifts allocation toward whatever market is paying best. The USDS denomination brings the same 1.69% incentives boost as Allez, but the more active rebalancing is what keeps it competitive. Aggressive profile. 0.50% management fee. →Elemental $USDG Optimizer : 6.37% APY This one is interesting. 100% of the capital sits in the OnRe Market, which means all the yield here comes from interest paid by $ONyc loopers borrowing USDG to scale their reinsurance exposure. No crypto collateral in the mix, no token emissions. Aggressive profile. 0.50% management fee. →Sentora $PYUSD : 5.11% APY The biggest vault on Kamino at $436.40M, by a long way. @SentoraHQ runs a conservative balanced strategy across a broad mix of markets. A 3.45% PYUSD incentives APY is a big chunk of the total yield here, on top of base lending rates. If you want broad exposure without picking sides, this is where most of the money already is. Balanced profile. 5% performance fee. →Gauntlet $USDC Frontier : 5.10% APY The newest vault on this list, deployed January 2026, and still climbing. Gauntlet targets higher-volatility markets including RWA, where borrow demand is high. @gauntlet_xyz manages over $2B in vault TVL across DeFi. Aggressive profile. Zero fees. Five vaults, four curators, four stablecoins. All between 5.10% and 6.71% APY. There's been consistent borrow demand on the other side, and these vaults are collecting their interest Only on Kamino: kamino.com/lend

@kaminointern 🤫

ah? uh? will evaporate soon but intern expects at least 15% average APY for the next few days.

USDS from @SkyEcosystem is now live in the PRIME Market, powered by @keel_fi. Use PRIME as collateral to borrow USDS via Multiply and amplify PRIME’s ~7.5% APY from home-equity loan exposure — with up to 8.3× leverage. An additional $20,000 in USDS rewards will be distributed during the first month.

Sky Frontier Foundation released its first State of Sky Ecosystem report, a 2025 year-end analysis of Sky Protocol. Highlights: • Stablecoin (USDS) supply +86% • $168M annualized protocol net profit (+24.4% YoY) • Operating expenses down 61.5% • Buybacks: $367K → $92.2M

Why did my wallets get airdropped 1 MON? Did they send one singular token to every ethereum wallet? -__-

The data must flow. 🇦🇷 @Dune

Spark’s Q3 financial report is out! Below please find the full breakdown of the protocol’s performance, with detailed analysis of revenues, costs, and treasury growth. Key highlights: • $53.01M gross revenue • $19.2M gross profit • $12.12M net profit Let’s dive in 🧵