Did MicroStrategy’s STRC kill DeFi? Simple answer is no.
It created a new asset class and expanded the scope of what onchain credit can be built on.
Yes, DeFi TVL is down since last August, but that move mostly mirrors price action across the board rather than capital fleeing into STRC.
Strip out the token-price effect and the picture changes.
Plenty of yield stablecoins actually scaled up over the same stretch, right alongside STRC’s own growth.
What STRC actually did was seed an entire onchain stack around itself across three layers:
issuance (Apyx, Saturn, Hermetica holding ~$370M in STRC collateral),
tokenization (Backed’s xStocks and Ondo Global Markets),
and yield (Pendle and Strata, where STRC-based products rank first and third by TVL on Pendle).
Over $680M in STRC-backed stablecoins now circulate onchain.
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The cocoa market is breaking. And here's who benefits from the chaos.
Cocoa hit $12,000 per ton in 2024, which is four times the long-term average.
That kind of price spike isn't for the farmers, anyway.
The money gets absorbed in the contracts before it reaches the people growing the beans.
Meanwhile, the pressure to harvest is destroying quality at the source.
The whole chain is all about low inventory, inconsistent beans, manufacturers paying more and getting less.
It's not a pricing problem. It's a data problem, because nobody knows what's happening at farm level until it's already too late.
This is exactly the kind of environment where @dimitratech infrastructure becomes hard to ignore.
They provide farm-level data, traceability, and quality monitoring.
The ability to verify what's growing, how it's being harvested, and whether it meets the standards that unlock premiums for the farmer, before it leaves the field.
But the part worth sitting with is that cocoa and coffee are just two points on a much larger structure.
There is;
>>Uganda, and national-scale coffee traceability, built around EUDR compliance.
>>Kenya and Avocado programs linking regenerative practice to verifiable output.
>>Mexico, land mapping, and carbon tracking across 23,000 hectares.
Same system. Different crops. Different continents.
Same underlying architecture: mapping, identity, satellite verification, compliance layers.
At some point it stops looking like an agri-tech product and starts looking like a data layer for agricultural and environmental assets.
The kind of infrastructure that gets more valuable the more broken the supply chain becomes.