toki

@agra_gg

Accelerating tokenized credit markets

[toki @0xtoki_]

We are building an exchange for the issuance and trading of credit.

[Agra @agra_gg]

https://t.co/Y6VFLgRnmi

[toki @0xtoki_]

@ImperiumPaper many such cases. the inverse of this is equally funny but the market takes care of them eventually

[Agra @agra_gg]

Agra has landed in Paris for @proofoftalk!

We’ll be around talking tokenization, RWAs, private credit and liquidity. If you’re attending, come say hello to @0xjermo.

See you in Paris!

[toki @0xtoki_]

@caplabslimited cap on top

[ether.fi Ventures @etherfi_VC]

https://t.co/9PzWaUXhQR

[Agra @agra_gg]

Proud to be supporting liquidity for Pharos's flagship tokenized credit product, pAlpha.

We're working to bring deep secondary market liquidity to tokenized credit.

[toki @0xtoki_]

@HouseofChimera @agra_gg @BrianInCrypto @glider__ facts.

[toki @0xtoki_]

@euler_mab gm - would love to chat about what we've been cooking

[IRIS @iris_credit]

0/ Introducing IRIS.

A fixed-rate origination layer built on top of DeFi’s deepest lending markets.

Built from the work behind 246 Club.

[toki @0xtoki_]

@litocoen @n2ckchong @ethena congrats ser, can’t wait to hear more about this

[toki @0xtoki_]

@poopmandefi @agra_gg money moves

[Bebop @bebop_dex]

It's not all crypto tokens and tokenised stocks.

We are excited to provide the underlying liquidity rails for the new private credit markets on Agra.

wmtUSDC and wmtUSDT are now tradeable on @agra_gg and, of course, on Bebop

[Agra @agra_gg]

https://t.co/N7NjHQzDgd

[Patryk @Solofunk]

Over $300 billion in stablecoins have been starved of yield.

Onchain credit introduces exogenous yields that fill the gap, with the asset class growing from $252.2M to $5.58B in 2025, a 22x increase.

This is the State of Onchain Credit 🧵

[toki @0xtoki_]

@functi0nZer0 @WildcatFi Study Wildcat.
Study Agra.

[laurence @functi0nZer0]

I have a proposal here somewhat off the dome, that I'm going to drop here and then bring to Aave directly: we can facilitate exactly this with @WildcatFi, today.

I haven't caught up with the precise amount to which the hole has been covered, but Aave Labs, once registered as a borrower, would be able to deploy a WETH market parameterised precisely as specified below - tradeable debt token called aaveWETH, 5% APR, whatever capacity it felt is/was viable for them to take on (which can be increased/decreased ad hoc).

Open-access policy restricting OFAC-sanctioned addresses from depositing, but otherwise open to all.

The market would presumably need to be fixed-term in duration - Wildcat markets can facilitate up to two years before converting, and can be configured so that they can be repaid/terminated early if needed.

The prime issue here is time-duration - there would be a need for immediate secondary liquidity for aaveWETH, but there are protocols such as @agra_gg that can facilitate this provided liquidity is made available (presumably 1:1 based on faith in Aave to repay in time) - alternatively solver-based DEXes such as @bebop_dex could assist here.

I genuinely don't mean to use a catastrophe to promote our work, and apologise if it comes off as crass - but this kind of facility was also something that we raised in the immediate aftermath of the Bybit hack as a way to facilitate an emergency bridge loan.

In the interests of 'participating' in DeFi United, Wildcat Labs could/would also specifically request that the Wildcat Foundation (which receives revenue from markets) set aside the fees from such a vault (which would be 25 bips on 5% for the duration of the market) to be set aside/earmarked as assets to be handled as best thought appropriate (although, for the avoidance of doubt: the Wildcat Foundation is a wholly independent entity that would have the right to reject this request - I feel compelled to mention this for legal purposes).

I truly think that Wildcat can help here if needed.

[defiprime @defiprime]

🚀 Tokenized private credit finally has real secondary liquidity.

@agra_gg just built the first DeFi-native CLOB on Ethereum — quoting in yield + discount-to-NAV, with pure P2P onchain settlement.

Flagship: ACRDX (~8.18% floating), pALPHA & more.
This is the credit desk RWAs have been missing.
Deep dive: https://t.co/xDUDq3cZXM
#RWA #DeFi #TokenizedCredit

[toki @0xtoki_]

@defiprime @agra_gg Appreciate the coverage 🙏

DeFi needs an exchange for fixed income and we’re uniquely positioned to bring liquidity to assets where tradfi cannot.

[Agra @agra_gg]

Today we're announcing our partnership with @Raacfi to bring both pmUSD and iREET onto Agra, with their [Redacted] product to follow.

REITs made real estate liquid. They gave investors tradable exposure to income producing property, with continuous price discovery and liquidity.

Through this partnership, we’re not only enabling liquid onchain markets, we’re also bringing DeFi composability to the real estate market.

RAAC's iREET token brings real estate exposure onchain in a form that can be traded, priced, and integrated across DeFi.

pmUSD is a fully collateralized USD pegged stablecoin backed by precious metals. It is the first of its kind to maintain its backing through precious metals as collateral.

RAAC will provide balance-sheet liquidity to support both the pmUSD and iREET markets.

[Castle Labs 🏰 @castle_labs]

https://t.co/N0wlBwT8Ze

[Patryk @Solofunk]

An overlooked area in onchain credit is peer-to-peer lending.

@WildcatFi is the leader, enabling individual actors to fund credit lines for third parties like @wintermute_t and @SeliniCapital.

This is not collateralized. Yields of ~10% compensate for high counterparty risk.