Intel Scout

Launched reUSD on @0xfluid a few days ago, and now @re got • very deep and cheap DEX liquidity • 40% uptick in TVL • secured deployments on Plasma, Arbitrum, and Solana 👀 No other single protocol can bring all of this to stablecoin issuers Stay Fluid 🌊

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➥ Top unpopular RWA protocols that’s is undisputedly big I think the biggest RWA protocols are the ones few ppl are talking about - no more random 20% APR on stablecoin @pendle_fi PTs - the end of infinite lend-aggregator loops fueled by emissions - mercenary LP farms pretending to be yield disappeared I think we’re in the NeoFi phase, real-world yield instruments coming onchain that can handle hundreds of millions in size without collapsing APR And the protocols dominating this shift are, ironically not the ones trending on CT ➊ @Figure / @HastraFi | $PRIME Most people don’t realize this, but PRIME is currently the largest RWA asset in DeFi by onchain deployed TVL What is PRIME really? Figure runs an origination → funding → securitization pipeline: - they originate HELOC loans - PRIME funds those loans - loans get securitized and sold as bundled products So when you hold PRIME earning ~7-8%, you’re exposed to a structured flow model with relatively low duration compared to holding raw HELOCs Right now, looping it on @kamino at ~7.5% lend vs ~6.5% borrow can push effective yield into the 15-20% range ➋ @re reUSDe | Reinsurance mezzanine with built-in cushion ReUSDe markets itself as a junior tranche, but structurally it behaves more like a mezzanine reinsurance position Key detail: - there’s roughly $70M in first-loss private capital beneath it - that means even the junior $reUSDe has ~20% loss coverage before it gets touched And we’re currently in a Hard Market for reinsurance, premiums are high, capital buffers are strong, and underwriting discipline is tighter than in soft cycles This is not risk-free, but it’s real yield derived from real insurance flows ➌ @saturn_credit | $STRC exposure without direct volatility Saturn is building a stablecoin backed by MicroStrategy stretches (STRC) These are essentially structured loans to Strategy that pay interest via dividend mechanics, increasing NAV over time What caught my attention: - the implied $BTC liquidation/default thresholds are estimated between $8K-$16K per BTC - if that modeling holds, you’re getting exposure to STRC dividend yield without direct equity volatility This is the kind of structure that becomes interesting when institutions start hunting differentiated credit ➍ @blackopal_fi / @NestCredit | Brazilian receivables This one is small, but intellectually fascinating BlackOpal’s LiquidStone II is backed by Brazilian credit card receivables Why does that matter? - credit card receivables settle fast - short duration <> high turnover - lower duration risk compared to long-dated unsecured private loans - base APR 10-15% - NAV trending steadily upward The yield is coming from real-world payment flows ➎ The Quiet Giants of RWA Infra Beyond these niche structures, there’s a second tier that is objectively massive but socially invisible: – @centrifuge | $CFG → ~$1.3B-$1.45B+ TVL in private credit and real business receivables – @maplefinance | $MPL → billions originated in institutional loans historically – @goldfinch_fi | $GFI → diversified institutional pools, emerging market credit – @aave RWA integrations → ~$350M+ in RWA lending exposure – @paretocredit → $150M+ handling specialized institutional flows DeFi’s lego model now acts as a multiplier for all those projects above, but this is for another topic Honestly, I’m more excited about this phase of RWAs than I ever was about tokenized T-bills or CLO wrappers Because this time, the yield is bigger, less retail-dependent, structurally scalable The biggest players in this shift are hidden away from CT hype, so I know the chance of asymetric eposure is big af after all

I recently posted a full $SAHARA analysis by @HeySorinAI, including the chart and SaharaAI roadmap information. ✅ It looks like Sorin was right - the price bounced from the 'Line in the Sand' level and moved up aggressively. 🧑‍🌾 I’m also farming funding on my long position, which I’ve mentioned many times. I wonder how many people took advantage of it and did the same 🤔 There were a few days when it barely farmed anything, but my current progress is: > 16 days > $3,088 realized profit from funding alone 💡 I’ll leave some screenshots in the comments from the most profitable periods, plus an access code for Variational, where I’m currently farming. ℹ️ Always DYOR and manage your risk. Funding won’t always be negative - it changes a lot. I’m just sharing what I’m doing, and I’ve already made profit from funding, so I don’t need to check the chart every day. 🍀 Have a great weekend. I’m planning to touch some grass and spend less time in front of the computer.

Strategy has acquired 22,337 BTC for ~$1.57 billion at ~$70,194 per bitcoin. As of 3/15/2026, we hodl 761,068 $BTC acquired for ~$57.61 billion at ~$75,696 per bitcoin. $MSTR $STRC strategy.com/press/strategy…