Uly | Spectra

Co-founder @Spectra_Finance | prev. @Amazon @Parallel cs @epfl
Building products in web3 and decentralised finance.

[Spectra @spectra_finance]

Spectra is now live on @StellarOrg

→ https://t.co/v4SVXa3BY0

Trade PT and YT through an order book from day one. First markets seeded by @GamiLabs, including deJTRSY, the Janus Henderson treasury fund tokenized by @centrifuge.

New use cases for the Stellar community ↓

[Uly | Spectra @Ulydev]

https://t.co/LOd1Ai4H4S

[Spectra @spectra_finance]

Neobanks and money apps can use Spectra Principal Tokens denominated in tokenized stocks as a new way to onboard users.

Discounted NVDA, held to maturity, redeemable for more units over time.

That's an onboarding hook that didn't exist a month ago, and it can work for @ether_fi, @EthenaPay, @CoinbaseWallet or @revolut.

@Ulydev Spectra Co-Founder on where this could go, from his conversation with @portals_fi ↓

[Uly | Spectra @Ulydev]

Great chatting @ward3_ed!

Coinbase Tokenized Stocks and what Spectra unlocks for them was a big part of the convo

-> fixed-income, neobanks and discount narrative, building on Base, credit markets and how MetaVaults fit into the new onchain economy

[Portals.fi | DeFi Explorer @portals_fi]

🆕 @spectra_finance DeFi Drop 🎙️

Co-founder @Ulydev joins us to discuss:

• Fixed-rate markets for tokenized stocks on @base
• PTs and YTs for stock-denominated yield
• MetaVaults, auto-rollovers, and retail DeFi

And more

[Uly | Spectra @Ulydev]

AAPL PT is now a thing on Spectra @base

The first Principal and Yield Tokens for Coinbase Tokenized Stocks trade on the protocol: AAPLc, NVDAc, METAc, GOOGLc.

This opens up an entire segment of use cases:

→ Predictable position denominated in e.g NVDAc
→ Amplified exposure to the floating rate of strategies denominated in stocks
→ Supplying liquidity and collecting stock fees

What this makes buildable:

→ PT-STOCKc as collateral, and the looping setups that follow from it
→ Vault operators sourcing PTs for "earn on stocks" programs
→ Discounted NVDAc or GOOGLc as an onboarding hook (DEX/CEX/neobank)
→ ETF-like vehicles composed of fixed-term tokenized stock derivatives

On the Spectra side: limit orders on stock-denominated yield, and MetaVaults reaching these pools directly, which gives curators an entirely new TVL acquisition path.

The core lego bricks are accessible now. A lot left to build, and that's the exciting part

[Spectra @spectra_finance]

Coinbase Tokenized Stocks now on Spectra @base

→ https://t.co/4EaKMZgskQ

Fixed-term markets denominated in AAPLc, NVDAc, and more. Yield trading on tokenized stocks.

Available in eligible jurisdictions outside the United States. Details ↓

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

Order books are about to change how markets get built on Spectra.

First: bootstrapping fixed-term markets no longer depends on the prevailing AMM curve. Resting orders can sit on both sides of the book at rates a market maker is comfortable with.

Those resting orders can be placed in a yield-bearing asset, so the asset stays productive while it waits to be filled.

Second: the order book arrives on Stellar first, with USDC and EURC markets initially planned to open.

EURC supply rates on Stellar have held above 5% through this year, and USDC rates sit above what comparable EVM markets have offered.

Stellar sees rapid DeFi growth (from $9M to $215M in 2 years) on its own with users and liquidity that has stayed largely within the network. That makes this the right moment to connect those opportunities with EVM.

Curators will be able to reach Stellar yield via a MetaVault deployment on EVM, with built-in order book access. For users wanting direct access to Spectra's opportunities there, we'll share useful information on how to get started.

We're building big time. Official rollout coming soon!

[Paige Horinek @HorinekPM]

Spectra’s new WETH Yield MetaVault (@ClearstarLabs, on @base): deposit ETH once and it flows across Spectra’s yield pools, auto-rolling at maturity and compounding as it goes.

cbETH rewards live now

[Uly | Spectra @Ulydev]

Excited to see Spectra MetaVault and PT architecture reviewed by the @yearnfi risk arm and listed with a "Low Risk" badge, with the same score as Aave's sGHO and Maple's syrupUSDC.

[yearn @yearnfi]

Yearn's risk team released a new tool highlighting dependency risk across different protocols

Quick explainer on how to use this new tool

[Spectra @spectra_finance]

New MetaVault: WETH Yield curated by @ClearstarLabs

An access point to ETH-denominated pools and strategies, deployed on @base. Now with cbETH rewards for participants.

Accessible on: https://t.co/vsVNwVy0ni

[Spectra @spectra_finance]

Order Book. This Summer.

[Uly | Spectra @Ulydev]

stXRP yield trading is the leading contributor here. The main stXRP pool on Spectra also just crossed $10M in liquidity.

Side note: Spectra currently ranks among top protocols by fees paid to @FlareNetworks

[Spectra @spectra_finance]

Spectra DEX volumes on @FlareNetworks are surging, with the strongest weekend on record.

[Uly | Spectra @Ulydev]

Great to see MetaVaults surfacing in externally operated interfaces, opening the Spectra ecosystem to a broader audience

Kudos to the @katana team for shipping a dedicated, sleek and clean UI around MVs!

[Spectra @spectra_finance]

Spectra MetaVaults are now accessible via the Earn initiative of the flagship @Katana App.

The first deployment curated by @ClearstarLabs is now featured.

Preview performance metrics, composition breakdown, and more.

[Uly | Spectra @Ulydev]

@Dune great initiative! please label the following as Spectra:
0x1f98f0eb72505e6a319431507aa7f05f6322f88b

[lodelascripto (Néstor) @lodelascripto]

The FXRP MetaVault curated by @GamiLabs on @spectra_finance remains the top vault tracked by DefiLlama for XRP in the industry.

https://t.co/mNQgPvRbqD

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

Spectra Q1 2026 Ecosystem Report

A lot happened in Q1 - here's where we are (1/9)↓

[Gaspard Peduzzi | Spectra @GaspardPeduzzi]

Monitoring the @Firelightfi cap raise, with >$10M of FXRP converted into stXRP in the first minutes.

On Spectra, @GamiLabs routed its MetaVault FXRP liquidity toward stXRP in seconds after the lift.

Plus, there's a dedicated Firelight Points multiplier for Spectra YT & LP users

[Finanzgoblin @finanzgoblin]

The PT looping play on @katana morpho is gaining traction as vbUSDT borrowers are now getting paid to borrow.

I've scanned the top loopers leveraging @spectra_finance to see what they're doing and how to get the 3-digit rate.

details, ingredients & links ↓

[Uly | Spectra @Ulydev]

https://t.co/jrrkkAPQsf

[Absolute Unit @largeunit]

https://t.co/QH8MoXMN6r

[Spectra @spectra_finance]

Introducing Flare XRP Yield Prime MetaVault for the @FlareNetworks ecosystem, curated by @GamiLabs

Get started with FXRP & stXRP
→ https://t.co/vsVNwVy0ni

Automated and optimized XRP yield, rFLR rewards & more. Explore ↓

[yearn @yearnfi]

New looping opportunity! There is a new @spectra_finance fixed yield position available for our @katana USDC vault paying 8% with a 4% borrow cost.

The pool has limited liquidity for this trade, so you may be able to outmaneuver the big boys. But you will have to be quick!