Outperform market rates with Solana's leading yield exchange. Community: https://xitter.twitterapi.xyz/t.co/tROuLHqyfC
Joined February 2024
- Tweets1.5K
- Following88
- Followers14.3K
- Likes2.8K
Exponent is the largest market for STRCx on Solana, now expanding @xStocksFi markets with CHADx from @defidevcorp and a new STRCx maturity
Access fixed rates or leveraged yield with up to 2x xPoints across both markets ↓
2/ Rate trade CHADx
CHADx represents CHAD, the variable-rate perpetual preferred stock of SOL treasury company @defidevcorp
→ Lock a fixed rate with PT-CHADx, currently 13% APY
→ Gain leveraged exposure to CHADx yield with YT-CHADx and earn 2x xPoints
The OnRe Yield Plus Vault brings looped ONyc yield through a single deposit
Curated by @AllezLabs, this vault allocates across fixed-rate and Senior ONyc positions, with eligible assets looped on @kamino
Pre-deposit is live with up to $10K in incentives and 2.5x OnRe Points ↓
2/ OnRe Yield Plus Pre-deposit Phase
The vault opens with a phased rollout, first allocating to PT-ONyc, then gradually deploying into looping on @kamino across ONyc and PT-ONyc positions
→ Pre-deposit runs through Nov 15
→ Allocation into looped positions begins the week of Nov 16
→ srONyc and PT-srONyc are planned as future additions
Track each phase through the Strategy Allocation Timeline banner on the vault page
1
7
334
Credit positions on @kamino are now visible in the Exponent Portfolio
Exponent structured products bring distinct collateral profiles, from fixed yield to Senior protection, with Net APY, LTV status and oracle data now easy to monitor
Track credit positions in the Credit tab ↓
2/ Advanced Collateral Types for Credit Markets
Leveraged strategies depend on the underlying collateral, and Exponent assets are structured around distinct risk profiles
→ Fixed-rate: a locked yield through maturity, leaving only the borrow cost to define the spread
→ Senior tranches: minimum principal protection, reducing liquidation risk for borrowers and bad debt risk for lenders
As lending markets mature, demand shifts toward collateral with defined outcomes
ONyc can be positioned for different yield objectives and risk preferences
On Exponent, holders can construct ONyc positions for fixed yield, leveraged yield, principal protection or amplified yield
Here’s how each position works and what it enables ↓
14
5
404
Introducing onycSOL, a new SOL token powered by RWA yield from ONyc
Maintain full SOL exposure while earning staking yield plus reinsurance returns from @onrefinance ONyc, in a strategy managed by @RockawayX
Pre-deposits are now open with $20K and 4x OnRe Points in rewards ↓
2/ onycSOL Pre-deposit Phase
The vault opens with a phased rollout, first allocating to LSTs, then gradually deploying into onycSOL's core strategy, such as lending across OnRe markets and ONyc fixed-rate/senior allocations
→ Deposited SOL is held in a basket of LSTs, earning staking yield
→ Pre-deposit launch rewards accrue in the onycSOL position
→ This phase is scheduled to last 2 weeks
2
31
1,223
Exponent welcomes @SteakhouseFi as a new market curator
Steakhouse brings its curation and risk frameworks, backed by $4B+ in non-custodial assets, to Exponent Markets
The first curated markets bring @onrefinance PT-ONyc and @re PT-reUSD to @kamino as fixed-rate collateral ↓
2/ Steakhouse Financial as a curator
Steakhouse curates the vaults behind @coinbase DeFi Lend and @RobinhoodApp Earn. With 70+ integrations, it is now the largest onchain curator
Exponent assets are now collateral in credit markets curated by Steakhouse, starting on @kamino
1
7
564
2/ Rate trade apyUSD
apyUSD is an Apyx yield token, accruing dividends from digital credit issued by digital asset treasury companies, such as @Strategy's $STRC
→ Lock a fixed rate with PT-apyUSD through February 11, currently 14.33% APY
→ Gain leveraged exposure to apyUSD yield with YT-apyUSD and earn 52x Pips
1
2
391
$8K in renewed rewards is live for @onrefinance markets on Exponent
Earn across ONyc and srONyc Limit Orders, plus srONyc liquidity provision, through November 23
Here's how to participate ↓
2/ Earn rewards with ONyc and srONyc Limit Orders
Set YT-ONyc and YT-srONyc orders at your target implied rate:
→ Buy orders: Earn while waiting to enter at your selected rate
→ Sell orders: Earn while keeping leveraged yield exposure until filled
Limit Orders rewards can offer up to 60% APY this epoch, distributed based on proximity to the implied rate, queue position and fill ratio
1
4
607
One year of BulkSOL on Exponent, completed with the current maturity
→ $125M+ in yield trading volume
→ $17.4M peak market size
→ 440K+ AURA accumulated
Three maturities of fixed yield, rate trading and leveraged AURA farming with @bulktrade ↓
2/ The current BulkSOL market runs until October 31, with no new maturity scheduled at this stage
→ YT-BulkSOL continues to earn yield and AURA until maturity
→ PT-BulkSOL redeems at full value at maturity
Visit your Portfolio to track positions, claim returns and redeem this weekend:
app.exponent.finance/portfol…
10
554
Reinsurance, payment receivables, auto loans and onchain yield strategies each carry different risks
Every tranching market on Exponent goes through internal and independent review before launch, with Senior protection set around each asset's risk profile
The process behind each market ↓
Exponent Risk-Tranching is now integrated with @Titan_Exchange
RWAs continue to bring new yield onchain, and Exponent tranching is emerging as a way to scale these markets to broader users
Natively mint and redeem Senior and Junior tranches from any Exponent market using Titan ↓
The nOPAL Tranching Market just surpassed $1M in market size
Demand for structured RWA yield continues to accelerate, and the cap is now $3M to support further growth:
→ ~$2.56M for protected yield with srnOPAL
→ ~$454K for amplified yield with jrnOPAL
Here's how to participate ↓
2/ Choose your risk exposure to nOPAL yield
→ srnOPAL provides a minimum 15% principal protection and bonus rewards through October 31
app.exponent.finance/market/…
→ jrnOPAL provides amplified yield, currently 21.77% APY
app.exponent.finance/market/…
srnOPAL is now live on @Loopscale
Use srnOPAL as collateral to borrow USDC and increase your Senior exposure with up to 4x leverage
Current maximum APY: 25.18%
Looped positions remain eligible for srnOPAL incentives on Exponent ↓
Exciting next chapter for our partners at @Loopscale as they unveil Formation, a new company at the frontier of capital markets
More to come 🤝
The AUTO Tranching Market update is live
The market page now reflects the new 12.5% minimum Junior coverage, while live coverage remains unchanged
No action is required from existing srAUTO or jrAUTO holders
Access the market under the updated parameters ↓
2/ Choose between Senior protection and amplified yield
Both tranches continue earning a share of $4K in bonus rewards through October 19
→ Access Senior protection with srAUTO:
app.exponent.finance/market/…
→ Access amplified yield with jrAUTO:
app.exponent.finance/market/…
2
475
2/ Participants can now allocate to nOPAL based on their risk profile
srnOPAL (Senior Tranche)
• Get minimum principal protection of 15% in exchange for a more conservative yield
• Target APY: 7.01%
jrnOPAL (Junior Tranche)
• Get amplified yield for providing first-loss protection
• Target APY: 21.97%
Coverage is dynamic and reflects the balance between Junior and Senior capital. This market targets 90% utilization, which puts coverage at 16.67%, with a minimum of 15%
1
12
517