Yesterday, I started a Public Portfolio (no joke). I will show every step I make. I opened a single sided LP $1000 cbBTC/USDC and I will document every step on X.

https://interest-arb.web.app/#foundation The DeFi lending landscape just hit a new level of sophistication — and there are real edges hiding in the spread between protocols right now. Let's break it all down. 📊 The Lay of the Land The stablecoin market cap just crossed $310 billion. DeFi lending isn't experimental anymore — it's financial infrastructure. The most important number to know: the Sky Savings Rate (sUSDS) = 3.75% APY. This is the de facto yield floor for stablecoins, backed by $1.5B+ in real-world assets. Any protocol charging you significantly more to borrow than 3.75% is pricing in risk — or it's an arb opportunity. Translation: if you can borrow below 3.75% or earn above it, you have a trade. The big three lending protocols right now: 🔵 Aave v3 — $44B+ TVL, 60% of the decentralized borrowing market, just launched V4 "Frontier" 🟣 Morpho Blue — $13B+ TVL, modular architecture, 70% lower gas than legacy protocols 🟡 Euler v2 — permissionless vault architecture, 85%+ capital utilization Plus Pendle for yield tokenization and Contango as the 1-click execution layer for all of this. ⚙️ The Core Mechanic: Recursive Lending (Looping) This is the engine behind almost every strategy we'll talk about. The formula: L = 1 / (1 − LTV) 90% LTV (Aave E-Mode stablecoins) = up to 10× leverage 82.5% LTV (ETH/USDC) = up to 5.7× leverage 93% LTV (stablecoin pairs) = up to 14.3× leverage The loop: deposit yield-bearing collateral → borrow a lower-cost stablecoin → swap for more collateral → re-deposit → repeat. Key insight: On Aave, your collateral earns supply interest while it sits there. On Morpho, collateral is typically idle unless you're peer-to-peer matched. That makes looping structurally more profitable on Aave for certain pairs. 🎯 The Four Core Strategies 1. Delta-Neutral Stablecoin Looping (Aave, Arbitrum) Supply $10K USDC → enable E-Mode → borrow USDT → swap to USDS → re-deposit → repeat ~4 times

Are we seeing the Wyckoff accumulation playing out? Too early to call but good to monitor.

Quick observation from the charts: Bitcoin and IGV (iShares Expanded Tech-Software ETF) have been moving in near-lockstep since 2023. What we're seeing: - Both assets rallied hard through 2024, peaking around the same time - The recent pullback? Nearly identical trajectory - BTC currently at ~$69.9k, IGV at $82.46 - both down from recent highs Why this matters: This tight correlation tells us Bitcoin is still trading as a risk-on tech asset, not the "digital gold" narrative many hoped for. When software stocks sneeze, BTC catches a cold. For DeFi investors: - Macro tech sentiment matters MORE than you think - Fed policy, tech earnings, and Nasdaq movements should be on your radar - Diversification within crypto alone isn't true diversification if you're ignoring the tech correlation The days of "BTC is uncorrelated" are behind us. We're in the institutional era now - which means macro matters. What are you watching to gauge risk sentiment? Drop your thoughts below. 👇 Not financial advice. Chart analysis for educational purposes.

Hey everyone! I don’t know about you but thanks to things like gamma swap and all these different strategies I am finding it less attractive to hold spot. I’m at a point now where I feel like I’d rather just sell my spot bags and put 80-90% of it into farming as it’s just more consistent and honestly my profitable. Has anyone else felt this way? Even with this price action I’ve been doing extremely well thanks to hedging and I’d almost rather just DCA into bitcoin with fees or add to the size of my farms then borrow against my btc to farm