This week, @katana routed $140k back to DeFi users. Those rewards were generated entirely by Vault Bridge, the protocol that transforms idle user deposits into sustainable revenue using @MorphoLabs vaults on @Ethereum Here’s how Vault Bridge performed over katana’s first 100 days 🧵
- $220M in bridge deposits generated $1.6M in gross yield - As a percentage of total deposits, stables (USDC, USDT, USDS) dominated, with ETH deposits spiking during periods of risk-on sentiment - And what about APY? Better than 3-month T-bill rates. Read that again The TVL-weighted APY on stables beat fee-adjusted APYs on 3-month T-bills 4.02% > 3.91%
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