最近 Theo Network @Theo_Network 的动作越来越让我确信,它可能是 RWA 赛道里真正值得重仓关注的那个。
继接入 Morpho 后,他们又把 PT-thBILL 市场带上 Euler,让原本“静态收益”的 PT 资产彻底活起来,抵押、借贷、循环杠杆、套利都能玩,Theo + Pendle + Euler 的组合直接把国债这种最保守的资产变成了原生 DeFi 工具。
Theo @Theo_Network 最大的价值在于它真的机构级:底层资产由惠灵顿与标普 AAA 体系背书,三位创始人全部来自顶级高频量化公司,做的是传统市场里真金白银的流动性管理,不是靠喊单和叙事撑着。
上线不到三个月 TVL 就突破 2.1 亿美元、日均交易 300–500 万,而且基本零营销,全靠产品把用户和机构吸进来。再加上与 Stable、Concrete 的战略合作和 2000 万美金融资,这项目的机构属性与增长确定性都非常强。
我觉得 Theo @Theo_Network 会成为下一代 RWA 基础设施,不靠噱头,也不靠空气,是真正值得长期配置的标的。
#theo #Yap #KaitoYap @KaitoAI

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