There’s no such thing as a free +10% DeFi yield
Risk curators have been at the center of the storm.
Steakhouse Financial’s @SebVentures breaks down what most DeFi users misunderstand about yield, vault safety, and the coming stablecoin wave on @bitsandbips
Plus: the liquidity problem with tokenized onchain credit funds & the role of new stablechains like Tempo and Plasma 👇
Timestamps:
🥩 0:27 Understanding Steakhouse Financial and its growth rate
🧠 2:27 What “risk curation” actually means and why Steakhouse focuses on institutions
💵 5:20 How @SteakhouseFi vaults generate stablecoin yields
⚙️ 8:07 What risk curators can—and can’t—control in a decentralized environment
⚠️ 12:56 What recent volatility revealed about #DeFi vaults and the collapse of Stream Finance
📉 17:01 Whether “safe” high yield is even possible
🧱 19:06 The liquidity problem with tokenized credit funds onchain
🌊 27:16 How Steakhouse is positioning for the stablecoin boom
⛓️ 28:52 How stablechains like #Tempo and #Plasma could change the game
🏦 30:15 Why Steakhouse plans to integrate tokenized deposits
🌍 32:23 Steakhouse’s 2026 bet on non-USD #stablecoins
Aave App takes the mystery out of saving.
With Future Mode, you can forecast your savings, revealing what you'll have in a year, five years, and beyond.
Now traking @aave Horizon RWA on @ethereum
A specialized Aave lending market on Ethereum, where institutions or other qualified users borrow stablecoins against real-world assets (RWAs). Unlocking stablecoin liquidity against their previously siloed tokenized assets
Tydro (@tydrohq), @inkonchain lending protocol powered by @aave, is approaching $600M in deposits and $250M in borrows.
Over the past month, deposits are up 50% and borrows up 85%.
Most of recent growth came from restaked ETH collateral.
ezETH and wrsETH now represent over $100M in deposits used as collateral on Tydro.
gmHYPER
Over the past week, several community members have raised concerns regarding mHYPER’s potential recursive exposure across partner protocols, particularly in relation to xUSD (Stream Finance) and yUSD (YieldFi). We appreciate the feedback and would like to provide full transparency on the situation and the steps already taken.
As major liquidity participants across the ecosystem, Stream Finance and YieldFi are large LPs in mHYPER. In parallel, mHYPER allocates liquidity to Hyperithm Vaults on Euler and Morpho, which supply to lending markets involving yUSD and xUSD. The Hyperithm Lending Vault also lends to mHYPER/USDC markets. This structure created unintended recursive lending relationships, where risks could theoretically propagate across multiple protocols.
To eliminate this recursive exposure and strengthen inter-protocol isolation, the following actions have been implemented:
- Exposure to yUSD has been fully removed.
- Exposure to xUSD has been fully removed.
- Dedicated non-recursive lending vaults on Morpho and Euler are being deployed to park idle liquidity from mHYPER into isolated markets that are not linked to yUSD, xUSD, or mHYPER. the vaults will be set up by the end of the week, and full liquidity migration from mHYPER is expected to complete by next week.
With the above measures, all recursive lending components within mHYPER’s portfolio have been fully removed.
In addition, Hyperithm currently holds approximately $10M worth of unleveraged mHYPER positions as GP commitment, and intends to maintain this position for as long as mHYPER remains in operation.
The holding addresses are as follows:
0x7C1d52A3459f2Eee78DA551b8C3D13FdF61fbc93
0xEa036F911b312BC0E98131016D243C745d14D816