Optimus Prime

@Datumlabs_ | @DuneUK_ | @_W3GM ⚒️

Product Geek & Onchain Data Lead @surgence_io

[Optimus Prime @0xOptimusPrime]

https://t.co/gbUuutPyIP

[Datum Labs @Datumlabs_]

Oracle concentration in DeFi lending on Ethereum at May 31:

Chainlink: 82.6%

Redstone: 7.4%

Others / long tail: 10.0%

USD-weighted across the six covered protocols.

[Optimus Prime @0xOptimusPrime]

@Datumlabs_ Interesting read 💯

[Optimus Prime @0xOptimusPrime]

Capital Efficiency is another interesting metric in DeFi.

Read every about it 👇🏽

[Datum Labs @Datumlabs_]

What is capital efficiency in DeFi lending? And what does the May 31 ranking actually say about which protocols have it?

[Datum Labs @Datumlabs_]

What is capital efficiency in DeFi lending? And what does the May 31 ranking actually say about which protocols have it?

[Optimus Prime @0xOptimusPrime]

Congo has been sub par with the third phase, but that goal is really good.

Super header from wissa. Poor defending from Portugal

[Optimus Prime @0xOptimusPrime]

@Sir_Damilare Agreed

[Optimus Prime @0xOptimusPrime]

@Sir_Damilare @lanreadelowo Interesting. Doesn’t look like that on mine.

Although I have had issues depositing naira in the past few days.

[Optimus Prime @0xOptimusPrime]

@Sir_Damilare @lanreadelowo Do you mean sending naira to lemfi and them offramping to GBP?

if yes, on lemfi it does work via a paga provided account

[Optimus Prime @0xOptimusPrime]

@tonnieh12 😂

[Optimus Prime @0xOptimusPrime]

@JasonYanowitz ooooof. this is huge.

[Datum Labs @Datumlabs_]

Our Monthly State of DeFi Lending Report went live a couple days ago.

The lending ecosystem is growing really fast. With nuances of course and this report dives into them.

[Datum Labs @Datumlabs_]

What is stablecoin debt share, and why did it jump from 43.6% in April to 59.3% in May?

[Optimus Prime @0xOptimusPrime]

Secured my Base Card on @predictstreet.

Now I’m racing through the World Cup Sprint for FIFA World Cup 2026™ tickets and more rewards.

Get yours: https://t.co/GCkJNw8wcg https://t.co/cPYM8yTbL6

[Web3 Growth Marketing @_W3GM]

We're excited to be bringing @0x_vcharles (Founder @unchaindata_xyz & previously, Lead Analyst at Binance & Morpho) to the podcast.

Watch out for the interesting conversation on Crypto Data Hiring.

You wouldn't want to miss this.

[Optimus Prime @0xOptimusPrime]

@JW_Seoul @Dune Alliums good as well

[Optimus Prime @0xOptimusPrime]

@chris_onchain @joel_obafemi lfg

[Datum Labs @Datumlabs_]

Issue №002 of State of DeFi Lending on Ethereum is live.

The May 2026 monthly sector brief from Datum Labs Research.

Full report in the next tweet. 👇

[Joel Obafemi @joel_obafemi]

May 31st snapshot shows that 88% of all LRT collateral across the major DeFi lending venues on Ethereum sits on Aave V3.

The LRT category contracted $1.62B across May, with weETH alone accounting for $1.18B of the contraction.

But what's left didn't redistribute as the other five protocols carry materially smaller LRT exposure.

Full sector LRT breakdown below. 👇

[Joel Obafemi @joel_obafemi]

The structural depth to the Lido wstETH growth is quite intriguing.

Across April and May, SparkLend absorbed ~$2.72B of net depositor flow against a starting supply of $2.89B at March 31.

The protocol nearly doubled in two months on flows alone. What's distinctive is what it grew on.

The wstETH market alone closed May at $2.07B; fifth-largest single market across the six-protocol sector and bigger than all of Compound V3 on Ethereum.

By design, wstETH isn't borrowable at scale and the deposits exist as collateral against stable borrows on the other side.

A yield-on-staked-ETH play more than a leveraged-stablecoin play.

Full read in my May sector brief below.👇