AI agents are getting good at making decisions.
The next challenge is giving them a reliable way to move money.
Today, we're launching the Velora MCP Server and new docs for the AI era.
C'est bien vous @AuroreLalucq qui m'avez bloqué quand j'essayais de vous empêcher de saborder l'Europe ?
C'est bien vous qui vouliez interdire la propriété privée dans le monde numérique ?
C'est bien vous qui qualifiez de fasciste ceux qui parlaient de souveraineté numérique ?
Spectra's security audit with @Certora has concluded. The audit covered custom cross-chain infrastructure for Principal Tokens, built on a messaging-layer agnostic architecture, with @StellarOrg as the first non-EVM environment the infrastructure supports.
The direction follows where institutional liquidity is heading:
→ DTCC selected Stellar for its tokenization service, with DTC-custodied assets expected on the network in 2027
→ Circle's CCTP went live on Stellar, enabling native USDC transfers
→ Mastercard expanded stablecoin settlement flows within the Stellar ecosystem
→ Institutional RWA issuance on the network continues to grow
Tokenized institutional assets need a yield layer. The infrastructure for that is being built, and its cross-chain foundation has now been audited.
The bridge to Stellar will soon be available in the flagship Spectra app, marking the first step in the Spectra protocol's broader expansion to the network.
Full audit report ↓
Our audit with @certora is out, and I can finally talk about what we've been building.
In parallel to MetaVault V2's work, the team's focus has also been on the infrastructure that enables the Spectra protocol to expand beyond EVM.
The audit with Certora covers one of the key components ahead of the full expansion.
Stellar's onchain ecosystem has grown by over 500% in TVL since the start of last year. The Stellar Foundation is moving fast, and we've seen it firsthand through the level of support they've brought to Spectra. The trajectory is hard to overstate. Institutional assets and interest are arriving there, and fixed-term markets are very much the natural evolution of that landscape.
One thing worth pulling out of this audit: the new Router contract includes the supporting layer for order books on Spectra, scheduled for release this summer.
With an order book, traders can place limit orders on PTs and YTs, market makers can rest liquidity, and larger-sized orders become far easier to execute. The router routes optimally between the book and the pool, which deepens trading activity and fee generation across the protocol.
Excited for Spectra to expand into the Stellar ecosystem and bring its yield tokenization and trading suite to its participants.
Back from NYC. A few reflections from the trip, @stable_summit and @Vault__Summit at NYSE.
My clearest takeaway: institutions now treat DeFi as a building block of finance, not a curiosity. The conversations I had with asset managers and institutional players were of a different caliber than a year ago. Less "what is this," more "how do we integrate this."
The shift runs both ways. DeFi is now ready to meet TradFi, having understood its real pain points and now building to address them. Async settlement is a clear case.
And it speaks a language they know: vaults, taking on various forms like access points, yield engines, optimizers. Spectra's MetaVaults' value proposition clicks with them quickly when I lay it out: one vault, one token representing your position across multiple assets and fixed-term markets.
You can also feel the appetite for onchain fixed-rate products thickening in the air, and the concept naturally needs no introduction for them.
I spent last week sharing the MetaVault V2 model with curators and funds. Three significant initiatives are now running in parallel, and I'm having more and more conversations with teams looking to build on this infrastructure.
It's now the most agile framework out there, and heads turn when I mention features like cross-chain agility and ease of integrating external protocols, alongside fixed-rate market curation.
It was great to meet some of the people we've been building alongside in person during my stay, and a big hat tip to organizers and sponsors of both events 🤝
Just shipped: @VeloraDEX is now live in BOB Gateway's routing engine.
More liquidity, tighter spreads and even better prices on native BTC swaps across 11 chains.
BOB keeps adding the best execution infrastructure in DeFi. This is one of them.
https://t.co/iWP09H6Vsu
MetaVault FXRP Update
Overnight from June 3 to June 4, ~$4.3M of stXRP liquidity was routed from the now-expired June 4, 2026 pool into the Aug 27 and Nov 26, 2026 stXRP markets.
Liquidity providers of the @spectra_finance MetaVault remain positioned for performance across these markets. The reallocation deepened their liquidity, allowing PT and YT trades to continue at depth.
Under the current allocation composition, Gami Labs Flare XRP Yield Prime on is among the top-performing XRP-denominated yield sources on @FlareNetworks.
All of the MetaVault's upcoming market and asset additions, eligible destinations, and conditions are verifiable on-chain and through the Spectra App.
It’s really cool to see the MetaVaults doing exactly what they were designed to do.
Big bravo to the team for building this essential building block for Spectra’s success 👏
MetaVaults delivered. They launched with the key promise: carry liquidity across fixed-term markets.
Tonight, with the expiry of the largest XRP yield market, millions were rolled over into new ones within the bounds of an MV deployment, allowing hundreds of liquidity providers to remain positioned without having to monitor pool expirations or execute manually.
The Spectra protocol retained millions of TVL and enabled deep liquidity for traders on the new markets from the get-go.
Super excited!
I am very excited about where things are headed for Spectra. A few things I want to share, in no particular order:
- The value proposition of MetaVaults is working. We are seeing curators source liquidity and incentive packages for their MV deployments independent of Spectra's internal BD efforts. Any founder or BD person will understand how impactful it is to have an independent party capable of sourcing liquidity without a single call or text message.
- The second MV value proposition: liquidity rollovers, the biggest pain point of fixed-term markets. Smaller-scale rollovers have already executed with zero friction to liquidity providers. The model holds so far, and a significant pool expiry next month will be its first test at scale.
Both of these dynamics remain somewhat masked by market turbulence, but the early signs are evident.
- The team has been developing MetaVault V2, and recently completed an important audit with @Certora covering the key components ahead of the Order Book implementation and a strategic non-EVM deployment. The report is due any day now.
I'll say it plainly: MetaVaults V2 is the most capable and flexible vault framework on the market. Combined with the team's years of PT/YT infrastructure expertise, this puts MV V2 well ahead of any comparable offering.
I will be presenting MV V2 to curators and funds next week during my stay in NYC, centered around the Vault Summit event at NYSE headquarters.
- Spectra protocol activity is very vibrant, and Spectra is now the #1 yield trading venue for XRP Finance on EVM. Anyone can monitor and verify the ongoing activity at activity.spectra. finance (more data depth on the pool pages in the App).
While I'm here, I also want to reiterate that a tokenomic upgrade for the SPECTRA token remains planned. Since our Q1 update, the thinking has developed alongside the protocol's growth, and we'll bring the detail to the governance forum for discussion.
I appreciate everyone's support