9h ago
🚨Real Yield Is Back (But Not How You Think) Everyone’s talking about the “return of real yield.” But let’s be honest most of what’s being called “real yield” in 2025 is still built on emissions, hidden leverage, or rehypothecation loops. The true real yield protocols are the ones that generate consistent cash flow from real economic activity, not speculation. Examples? @aaveAave earns from lending markets with billions in stablecoin volume. @GMX_IO redistributes trading fees to stakers, not inflationary tokens. @reserveprotocol channels yield from collateralized, on-chain assets into decentralized index structures (DTFs). What we’re seeing now is a quiet shift from ponzinomics to protocol economics. The question for the next cycle isn’t “Where can I get 30% APY?” It’s: “Which protocol generates revenue that survives a bear market?” That’s where sustainable wealth will come from. 💡 Real yield = real users = real value. #DeFi #Crypto #Yield #RWA
Aave Overview October 2025 🧠 • Total Value Locked (TVL): ≈ $10.6 B (@DefiLlama) • Daily Borrow Volume: ~$450 M across v2 & v3 • Top Assets: USDC (≈ 34 %), ETH (≈ 29 %), stETH (≈ 15 %) • Revenue (30 days): ~$9.3 M in protocol fees What’s impressive: Aave v3’s “portal architecture” now connects 8 chains – from Ethereum → Base → Optimism – and maintains deep liquidity on all. Still the benchmark for decentralized credit markets scalable, risk-managed, and quietly evolving into a multi-chain money layer. #Aave #DeFi #Lending
GMX Protocol Stats October 2025 📊 • TVL: ≈ $580 M (@DefiLlama) • Cumulative Trading Volume: > $220 B since launch • Fees Generated (30 days): ~$7.5 M • GMX Stakers APR: ≈ 6.1 % (real yield from trading fees) • Top Chains: Arbitrum & Avalanche GMX remains the leading decentralized perpetuals DEX, with transparent, fee-driven yield instead of token emissions. In a sector full of leverage farming, GMX keeps proving that organic volume + sustainable revenue = real yield. #GMX #DeFi #Perpetuals
Reserve Protocol Update – October 2025 💡 • Total Value Locked: ≈ $470 M (across eUSD & DTFs) • Monthly $RSR Burn (July–Sept avg.): ≈ 1.2 M RSR per month • Active DTFs: 4 (Broad Market, Yield, Ecosystem & Sector indexes) • Base Chain integration: live since September → ~35 % gas savings The design is shifting from single stable assets toward diversified on-chain index funds essentially tokenized portfolios managed by smart contracts. The Fee-Switch now directs 10 % of protocol profits to the Treasury → transparent, sustainable burn mechanism. Long-term vision: turning DeFi diversification into a base-layer primitive. #RSR #DeFi #DTF
3.69K
2
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.